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Energy efficiency is a tortoise in the green energy race. Not glamorous like solar, wind or smart grid, it tends to plod along in the back of the pack, attracting little media attention. But being last can be a good thing; you learn from the frontrunners.
Such is the case when it comes to financing. EE is beginning to borrow from strategies that have spurred tremendous growth for solar and other energy resources. These include customer aggregation and a kind of power purchase agreement with a twist. The idea is to make it easier for businesses to install efficient motors, chillers, pumps, lighting, windows and other improvements in today’s tough economic climate.
Consider the transaction that Metrus Energy http://metrusenergy.com , an EE developer and financer, announced in December with defense manufacturer BAE Systems, Siemens Industry and Bank of America. Under the deal, BAE Systems’ facility in Greenlawn, New York will install $2 million in energy efficiency with no upfront payment or capital investment.
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Heating Oil Reaches a 27-Month High on Storm Outlook, Refinery ShutdownsBloomberg - Jan 10, 2011
1 as New York City and the tri-state area may get up to 12 inches (30 centimeters) of snow from a storm that the National Weather Service said will arrive and more »Salon - Jan 14, 2011
JPMorgan Chase's profit jumps 47 percent in 4QThe New York bank earned $4.83 billion, or $1.12 per share. That compares with $3.28 billion, or 74 cents a share, during the same quarter last year. and more »
Sharon Advocate - Dec 31, 2010
Selectmen awarded a 3-year trash collection and recycling contract to Allied Waste. The new contract offers singe stream recycling with residents tossing and more »The Maine Campus - Jan 13, 2011
A $100 million class-action lawsuit was filed in November 2010 in New York state against the USGBC for monopolization through fraud, false advertising andBig Government - Jan 20, 2011
But when you put San Francisco's laundry list of bans alongside New York City's fatwa against trans fats, Chicago's slavery disclosure ordinance (they beatHouston Chronicle - Jan 14, 2011
Natural gas for February delivery gained 7.3 cents to settle at $4.48 per million British thermal units on the New York Mercantile Exchange. and more »Sydney Morning Herald - Jan 19, 2011
Benchmark oil for March delivery lost 50 cents to settle at $US91.81 a barrel on the New York Mercantile Exchange. At the petrol pump, prices rose again, and more »