Atlanta Building Owners Get Access To Energy Retrofit Funds
Invest Atlanta, the city’s economic development authority, has voted to spend up to $200 million in energy retrofit financing via the Clean Energy Atlanta program. If the City Council votes to approve the project, Ygrene Energy Fund, a provider of clean energy finance programs for local governments, will spearhead the initiative available to commercial and multi-family residential building owners in Atlanta’s central business district. Ygrene will administer a fund to give owners of downtown commercial properties access to capital to upgrade their buildings and better compete for tenants and residents.
The initiative is predicted to be a shot in the arm for Atlanta’s construction industry, creating as many as 3,000 jobs and injecting up to $530 million in economic activity for Atlanta’s economy, according to Ygrene. This initiative is part of the city’s plan to reduce its carbon footprint by 7 percent by the end of 2012.
Clean Energy Atlanta provides private funding for building energy upgrades at no installation cost, repaid through property tax assessments. The program is a clearinghouse for financing and administering project deployment, connecting owners of eligible buildings with qualified local contractors to perform the renewable energy and energy efficiency upgrades.
Why bring buildings online? What information can operations teams glean from real-time data that they can’t just get from the monthly data provided by utility companies? Click to learn more.
- Existing Building Technologies Combine for Increased Savings
- Let's Do The Math for DR
- The Future of Operational Risk Management: The Oil & Gas and Chemicals Approach
- 2014 Environmental Leader Product and Project Awards
- Improve Your Company's Environment and Energy Performance
- Energy Financing Report
- Unlocking the Value of Energy & Operational Data
- Combined Heat and Power
- Smart Companies Utilize Integrated Energy Solutions
- Increase the Value of Demand Response Through Automation
- Cut Costs and Improve Facility Operations with Energy Data
- Energy Procurement Strategies for Winter 2014 and 2015
- Energy Efficiency Requires Engineering Efficiency
- Integrated Building Optimization: A Crucial Convergence of Demand-side and Supply-Side Energy Management Strategies
- Driving Productivity and Profit with Industrial Energy Management