27 Nov '12, 4pm

On-Bill Repayment Shows Great Promise for Energy Efficiency, But Significant Challenges Remain

On-Bill Repayment Shows Great Promise for Energy Efficiency, But Significant Challenges Remain

Although on-bill repayment programs have many advantages, these programs are still in their infancy and many barriers to widespread deployment remain. One of the programs’ advantages is that they build on utilities’ preexisting customer relationships. Another advantage is that the programs tend to be reliable investments if customers have a track record of paying their utility bills consistently. However, some barriers still exist. As is the case with most energy efficiency financing mechanisms, lenders and utilities lack market experience with on-bill repayment. Therefore, many different perspectives exist about what is needed for on-bill repayment programs to succeed. To get a sense of some of the current issues, Clean Energy Finance Center staff talked with individuals who are trying to make on-bill repayment programs work across the United States. On-Bill Repayment Can...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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