Energy Retrofit Financing
Provide low-cost financing for building and home owners to retrofit our built environment with energy efficient measures and technologies. Look towards PACE & On-bill structures and incorporate energy management software to database and report the savings to all invovled parties.
Financing tools (currently under development) may encourage building owners to improve the performance of their buildings
The idea "Improve funding for energy reduction and retrofit incentives" proposed by dashamstyr was merged into this one. Here's their description:
"Last year, my wife and I reduced our household energy usage by 30% - the result of an expenditure of nearly $1000 all told. In return, we received ~$200 in incentives from BCHydro programs.
It's great to get the encouragement, and we happen to be able to afford the cost, but these incentives are really little more than a token. If we are going to convert people who weren't already going to work to reduce their footprint, the program must provide incentives that recoup a larger portion of people's expenses. The program must either be better funded, or the incentives restructured so that people and business have a real reason to participate. Some specific ideas are:
1) Reduce scope - Since money is limited, provide a larger incentive for a few key actions rather than tiny amounts for every possible retrofit.
2) Pay over a longer time-scale - Spread the financial hit over a longer term by giving participants a percentage reduction in their energy costs, rather than a one-time payment."
Great idea, hugely important. Try to tie in a green job training components to really lead in North America. Consider paying households a nominal fee ($20?) to have energy audits.