Showing posts with label energy efficiency. Show all posts
Showing posts with label energy efficiency. Show all posts

Sunday, 28 June 2009

New property will be installed with solar panels

Solar panels should be a fundamental part of all future housing stock built in the UK, the National Energy Foundation (NEF) believes.

The organisation, which helps homes and businesses to reduce their carbon emissions by pursuing energy efficiency measures, also called for new residences to be better insulated to reduce energy consumption.

A spokesperson for the NEF said that biomass could also be a “significant” technology for helping to lower emissions tied to the nation’s energy consumption, but suggested that it is limited by how much feedstock can be grown.

“Solar is an infinite quantity,” he added. “Every single property that is built in the UK, if it doesn’t have solar panels on it then I ask, ‘Why?’”

His comments came after research from UK Climate Projections warned that t

Source - Low Carbon Economy

Saturday, 18 April 2009

Berkeley Pioneers Home Solar Financing Tax Bonds

Many of us could make money by investing in energy efficiency improvements and solar systems for our homes. Yet we stubbornly resist making these improvements. Why?

Buying power from your utility is a simple, pay-as-you-go service. Solar and energy efficiency projects, on the other hand, require tens of thousands of dollars up front and a long-term commitment to see a return on investment. Put another way, how many of us would have cell phones if we had to buy 20-years of minutes upfront? Many of us have a hard time justifying pre-purchasing 20-years of electricity, even if it is a good deal.

We can turn our homes and business to clean energy quickly, but to do so we need to make paying for solar and energy efficiency projects in our homes and businesses much more like paying our utility bill. The City of Berkeley, California is now pioneering what many experts believe may be just such a solution: Berkeley FIRST.

Berkeley launched the program last November. The initial pool of funding made available to property owners for energy efficiency improvements sold out in less than ten minutes. And as we're seeing in communities throughout the country, demand for affordable solar conversions is high.

Berkeley FIRST
Berkeley FIRST (Financing Initiative for Energy Efficiency Renewable and Solar Technology) allows property owners to install solar systems and make energy efficiency upgrades with no upfront cost.

Berkeley pays the upfront costs through the issuance of a new kind of municipal bond. The bonds are repaid from a line item on participating property owners' property tax bills over 20 years. Participating property owners pay for only the costs of their energy project.

The program is 100% "opt-in" and property tax expenses remain unchanged for those who choose not to participate.

The result: solar and energy efficiency projects are paid for over a long period of time, in bi-annual installments. The interest rate is fixed. Property owners do not need to access their own capital or credit. And if the owner sells the property, the repayment obligation transfers along with the property itself.

How does it work?
Berkeley FIRST is just a new twist on a common method of financing improvements in communities. California, like most states, has long provided cities and counties with the power to pay for certain projects such as sewers, parks, and the undergrounding of utilities by passing the cost directly on to the property owners that benefit from the project.

To do this, the city creates a "land-secured" financing district that includes the properties that would receive a benefit from the project. It then sells bonds to cover project costs and the property owners who receive a benefit - connection to the municipal sewer system, for example - pay back the costs through an addition to their property tax bill.

Berkeley created a slightly modified version of this type of finance district - in their case, a Mello-Roos Community Facilities District - that allows for the financing of energy efficiency and solar projects on private property. The California legislature has since authorized all cities and counties to follow suit using a similar type land-secured finance district, called a Contract Assessment District, with the passage of AB 811. The City of Palm Desert, California has created its own innovative new solar and energy efficiency financing district using this method.

There are a couple of other significant changes to the usual financing district. First, the Berkeley FIRST program is entirely voluntary. You only pay additional property taxes if you "opt-in" and you only pay for the cost of your project. Second, the City has a private financial partner to handle the financing and bond purchase for lots of small projects instead of the usual one large, expensive project.

Property owner experience
The process for participating Berkeley property owners is straightforward. They apply to the program online through a dedicated Berkeley FIRST website. Assuming they are not late on taxes or in foreclosure, each applicant receives a reservation for funding. They have nine months to install their solar system and return to the website to request payment.

After signing forms and providing documentation, the check is issued to the property owner. Behind the scenes, a tax lien is placed on the property and a small bond is sold to provide the funding necessary to pay for the project.

The City contracted with Renewable Funding, the nation's leading private financing company for this type of small-scale solar conversion, to finance and administer the pilot program. Who is next?
There is no reason for your community to wait. Berkeley and Palm Desert have approved the financing of hundreds of solar and energy efficiency projects in their communities. Sonoma County, CA and Boulder County, Colo., are launching their own programs with San Francisco and San Diego close behind. New Mexico just adopted enabling legislation and ten more states are considering similar laws.

A study by a team from the UC Berkeley Renewable and Appropriate Energy Laboratory found that should this type of financing go national it would inject up to $280 billion in renewable energy and energy efficiency investment into our economy and reduce CO2 by up to a gigaton at a time when our country is desperate to both stimulate the economy and reduce our contributions to climate change. Even better, participating homeowners will save an average of $190 a year, all at no net cost to government.

So if you want the chance to go solar with no upfront costs, contact your local leaders to see what they are doing to bring this program to your area. Renewable Funding provides a turn-key program that makes it easy for local government to implement the program and for homeowners to participate. There never was a better time to get started.

Source - Solar Daily

Friday, 20 March 2009

Google to release energy-saving tools

Google is soon to roll out free software which allows consumers to track their home electricity use and improve energy efficiency in a bid to help mitigate global warming.

Dan Reicher, Director for Climate Change and Energy Initiatives Google, told Reuters it was in talks with utilities companies in the United Sates, Europe and Asia to make the product available shortly to general consumers.

As part of its efforts to reduce greenhouse gas emissions, Google said in February it would use its software skills for the program that will show home energy consumption in real time on a user's computer or a telephone.

"It will get rolled out very soon to regular energy consumers," Reicher said, without providing exact timings.

"When I began getting information about my own home, I discovered that I had a 35-year electric motor running for my heating system. That was using huge amount of electricity. I did not realize that's the change I need to make in my home."

The company cited studies showing that access to home energy information typically saves between 5 percent and 15 percent on monthly electricity bills.

"The beauty of the tool we are developing is that is going to be an open source," Reicher said.

Source - The Independent

Saturday, 3 May 2008

The basics for home energy efficiency

Now that spring has sprung, it’s time to start preparing for winter. This isn’t as odd as it sounds: if you want your home to be toasty come November, and to reduce your carbon footprint, the time for action is now.

Carbon emissions from our homes make up 27 per cent of the UK total. According to Hilary Benn, the Environment Secretary, at the recent launch of the “Act on CO2” advice line: “Changes need to be made in people’s kitchens and living rooms as much as in parliamentary debating chambers or around the international negotiating table.” The advice line (0800 512012) allows anyone in England to get free, tailored advice from the Energy Saving Trust on how to reduce their carbon footprint.

Some cheap and easy tips include:

Replace all light bulbs with energy-efficient ones. They are more expensive than normal bulbs, but they last far longer and are not the glaring and humming glass bricks of yore.

Treat your hot water cylinder to a cosy jacket. An 80mm-thick coat costs about £12 and will save you about £20 per year in heating bills and 160kg a year in emissions.

Set your heating correctly. Your boiler thermostat, time programmer and thermostatic radiator valves should only heat the rooms that you use at the times that you use them.

Source - home energy efficiency