Financing Solar Energy Systems with Energy Savings Performance Contracts in the Federal Sector [electronic resource] : Results of a Survey on Barriers

Published:: Washington, D.C. : United States. Dept. of Energy, 1999.
Oak Ridge, Tenn. : Distributed by the Office of Scientific and Technical Information, U.S. Dept. of Energy.
Physical Description:: vp : digital, PDF file
Additional Creators:: United States. Department of Energy and United States. Department of Energy. Office of Scientific and Technical Information

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Summary:

This report summarizes the findings of an investigation into financing solar energy systems for the Federal sector. The objectives of the investigation were (1) to identify the barriers that impede companies from using Energy Savings Performance Contracts (ESPCs) to develop solar energy projects for Federal facilities, and (2) to clarify the impacts of Federal contracting requirements on energy service companies' use of ESPCs. Twenty-four representatives of energy service companies agreed to be interviewed. Their responses indicate that these are the primary barriers to greater use of ESPCs: the relatively long payback periods for investments in solar technologies; the length of the ESPC process; the cost of certain contractual requirements regarding wages and financing; and a lack of knowledge about the actual cost and reliability of solar systems. The report proposes a number of actions the government could take to remove these barriers, including (1) streamlining and shortening the ESPC process and (2) doing more to inform both government agencies and energy service companies about the costs and benefits of solar systems.

Report Numbers:

E 1.99:nrel/sr-710-26700
nrel/sr-710-26700

Subject(s):

Solar Energy

Other Subject(s):

Note:

Published through SciTech Connect.
08/17/1999.
"nrel/sr-710-26700"
Gee, R. C.; LaPorta, C.
National Renewable Energy Lab., Golden, CO (US)

Type of Report and Period Covered Note:

Topical; 05/01/1998 - 01/31/1999

Funding Information:

AC36-99GO10337

View MARC record | catkey: 14796498