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.
- Integrated Building Optimization
- How to Use Lean Tools to Cash In On Environmental and Energy Savings
- Alarms Management: The Future is Now
- Six Essential Steps to Drive Effective Energy Management
- Trends in Energy Management: Where Should Your Next Investment Be?
- Mobility From The Plant Floor To The Store Door: Improve Safety, Accuracy, and Productivity
- Sustainability Reporting for Commercial Real Estate: GRESB
- Top 3 Reasons to Calculate Your Environmental Footprint
- Essential Guide to Lighting Retrofits and Upgrades
- 2014 Insider Knowledge Report
- 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