Financing Mechanisms for Energy Efficiency

Financing mechanisms for energy efficiency refer to various ways to fund projects that improve energy use, making them more efficient. These can include loans, grants, tax incentives, and on-bill financing, where costs are paid through utility bills. The goal is to reduce upfront costs for upgrades like better insulation, efficient appliances, or renewable energy systems. By using these mechanisms, businesses and homeowners can invest in energy-saving improvements, leading to lower energy bills and reduced environmental impact while often enhancing property value.