Energy Efficiency Market Overview
Energy efficiency is the easiest, fastest and least
expensive way to meet growing energy demand in the United States. Energy
efficiency measures also improve bottom lines, help avoid power outages
and offset the need for new power plants.
The annual market for energy efficiency in the U.S.
alone has been estimated at $200 billion by The American Council for an
Energy-Efficient Economy. Investments in energy efficient equipment and
services will likely only grow over time as cost effective solutions
that address energy and environmental concerns are needed.
Typical energy efficiency projects have attractive
payback periods of five years or less. Energy efficient measures can
also increase property values. Research completed by the Environmental
Protection Agency has shown that a commercial building owner can
generate two to three dollars in added asset value for every one dollar
invested in energy efficiency. Companies that undertake steps to
increase energy efficiency gain a platform to showcase environmental
stewardship and social responsibility.
State and federal mandates for greater energy efficient
products are driving the market, as are multi-billion dollar programs
that electric and natural gas utilities are offering to cost-effectively
reduce energy demand.
MMA Renewable Ventures complements energy efficiency
initiatives by offering end-users, energy service providers, utilities,
and state and federal agencies comprehensive financing solutions.
Solutions include paying for up to 100 percent of the total cost of a
range of project types and measures.
MMA Renewable Ventures Energy Efficiency Projects
MMA Renewable Ventures is dedicated to increasing
investments in energy efficiency. We finance, own and manage
non-residential energy efficiency projects at private and public sector
facilities in the United States.
Projects typically invested in involve combined energy efficiency retrofit measures including:
- Heating, ventilation and air conditioning (HVAC)
- High-efficiency lighting
- Motor and pump replacements
- High-efficiency refrigeration systems
- Energy management and controls systems
- High efficiency cogeneration systems
- Boiler and furnace replacements
Energy efficiency projects that MMA Renewable Ventures
will finance range in size and cost, with typical private-sector
facilities upgrades ranging from hundreds of thousands to more than one
million dollars, and large public-sector upgrades that cost in excess of
one million dollars.
MMA Renewable Ventures can provide up to 100 percent
financing for the capital cost of a project so customers are not
required to make any project capital outlays. Whenever possible, we
finance efficiency projects that can be integrated with solar or other
renewable energy systems. This approach can better maximize combined
economic, environmental and investment benefits.
Advantages of Working with MMA Renewable Ventures
MMA Renewable Ventures works in partnership with
industry leading service providers and stakeholders to implement our
energy efficiency projects. Service providers include energy service
companies (ESCOs), equipment providers, trade-specific contractors,
utilities, and federal, state and local government agencies.
Working with a diverse set of providers and industry
stakeholders enables us to provide clients with customized solutions for
every phase of their project and help ensure efficiency savings are
Uniquely Experienced in Financing and Owning Projects:
By investing in and owning energy efficiency projects, MMA Renewable
Ventures is unique. Unlike firms that specialize in either the
construction of projects or financing of non-energy assets, we focus
solely on managing energy efficiency investment project risk and
returns. Our team has deep industry expertise in developing, financing
and implementing projects for all types of clients.
Flexible Financing: We offer customers tailored energy
efficiency financing solutions, including a 100 percent financing option
that can be structured as off-balance sheet and off-credit. By offering
comprehensive project financing, customers pay no up-front costs and
projects can be cash flow positive from their operational outset.
Savings can also be shared between the customer and MMA Renewable
Ventures for a set time, after which ownership transfers to the customer
who realizes all savings from that point forward.
Energy Efficiency Project Financing Options
MMA Renewable Ventures offers three flexible energy efficiency-financing options that have multiple customer benefits:
- No capital outlay required
- Off-balance sheet, off-credit financing
- Long-term and flexible repayment options
- Ability to have repayment based on avoided energy use (dollar amount per avoided kWh or avoided thermal load)
- Ability to structure payments as cash flow positive or budget neutral
- Coverage of long-term operations and maintenance costs
- Shared Savings / Energy Efficiency Purchase Agreement
Provides 100 percent financing with customer
payments based on agreed-upon share of realized energy savings or a set
dollar amount for avoided energy unit. Analogous to our solar PPA,
contract terms typically range from 5 to 15 years.
- Integrated Energy Efficiency & Solar Energy Financing
Provides 100 percent financing via a long-term
agreement of 10 to 25 years. Streamlined payment options enable joint
financing and implementation of energy efficiency and solar energy
measures to maximize economic gains. Payments are structured through a
PPA contract denominated on a set dollar amount per kWh basis with
varying terms for solar and energy efficiency kilowatts.
- Tax Exempt Municipal Leases
Provides tax-exempt leases to municipal entities and
qualified non-profit agencies. Typical repayment periods range from 7
to 15 years.
Depending on project and
financing needs, MMA Renewable Ventures can customize solutions for our
clients based on their requirements.
Energy Efficiency Links