Current Practices in Efficiency Financing: An Overview for State and Local Governments

Efficiency financing programs — those offering loans and loan-like products — are growing in number and size. When deciding whether to start a new program, tune up an existing program, or create a Green Bank, state and local governments need to understand the full range of financing product options for target participants, the tradeoffs of various products, and potential advantages and disadvantages for different types of customers.

Lawrence Berkeley National Lab’s (LBNL) new report, Current Practices in Efficiency Financing, is a guide to all customer-facing financing products—products offered by a lender directly to a borrower—used to pay for energy efficiency.