Energy Efficiency Projects face several financial impediments, including:
Information financial institutions often lack a full understanding of energy efficiency technologies which are almost always investments with long repayment terms;
Commercial Lenders are risk averse to this type of credit exposure while investment funds have a greater appetite for risk but focus on large volume transactions, hence
Energy Efficiency projects that would benefit small towns and rural communities require specific and unique knowledge, expertise and funding sources.
Energy Audits provide the necessary information on current consumption patterns and establish baselines for future demand and consumption with IT-based monitoring and controlling systems whose software gathers and elaborates data coming from smart meters.