Zondits

Energy Efficiency

Finance, Markets & Business

NYSERDA’s Efficiency Loan Program Provides Innovative Model for 2014

17 Jan , 2014  

Looking back at 2013, NYSERDA’s innovation in efficiency financing stands out

Switchboard, January 2, 2014

It’s that time of year– time to look back at 2013. One energy efficiency deal stands out:  In August, the New York State Energy Research and Development Agency quietly sold a pool of efficiency loans to investors. Selling loans is unremarkable on its own, but the way NYSERDA made this deal work was genuinely innovative and offers important lessons to other states, cities, and utilities for 2014 and beyond.

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