ABSTRACT

This chapter provides an organizations have access to more financial resources than they may think, and resolving the financial barrier frequently provides solutions to all the other barriers. Administrators or managers often think they must postpone the implementation of energy efficiency upgrades because they do have the funds in their current budgets. To argue the advantages of one financing option versus another, it is important to be conversant with the roles of the operating expense budget and the capital expense budget in the organization. Public-sector organizations may find that the political consequences of incurring new debt may be more of a deterrent than the financial ones, particularly when raising taxes is involved. Treating repayment of the financing for energy efficiency projects as an operating expense can keep the financing “off the balance sheet.” Any building manager or owner can efficiently track and manage resources through Portfolio Manager.