EMP researchers sounding a cautionary note on banking on financing alone to accelerate energy efficiency. Their report shows that financing can, in some cases, increase the leverage of public dollars. In most cases, however, it is not able to drive demand to the same degree as direct incentives like rebates and so cannot be expected to replace other incentives in the current marketplace.
Despite the onset of an economic recession, the U.S. energy services company industry managed to grow at about 7% per year between 2006 and 2008, according to EMP researcher’s definitive report on the industry. ESCOs anticipated accelerated growth through 2011 (25% per year).
Residential behavior-based energy-efficiency programs have been identified as a potential major source of new energy savings. A new report and presentation by EMP researchers provides guidance on methodologies for rigorously estimating those savings.