The California Public Utilities Commission (CPUC) on May 10, 2012 authorized the California investor-owned utilities – Southern California Gas, San Diego Gas & Electric, Pacific Gas and Electric, and Southern California Edison – to develop, design and implement new energy efficiency financing products. To assist in this important initiative, on August 1, 2012 the UtilitiesRead more
On January 10, 2012, CPUC Administrative Law Judge Julie Fitch filed a Ruling on Energy Efficiency Finance that proposes the development of a larger efficiency financing program supported with both ratepayer funds and private capital funds. Pursuant to the ALJ Ruling, an EE Finance workshop was scheduled for February 8-10, 2012. HB&C assisted in theRead more
In late 2010, the California Public Utilities Commission hired HB&C to conduct a comprehensive analysis of how financing can help California achieve its energy efficiency goals. After several months of intensive work, this report is now complete. Titled “Energy Efficiency Financing in California: Needs and Gaps,” our new report examined financing solutions and barriers inRead more
The US Department of Housing and Urban Development (HUD) announced the approved lenders for the new FHA-insured energy loan. The list includes 18 lenders from around the US, banks, finance companies and credit unions. The PowerSaver loan can fill the gap (indicated below) between the unsecured home improvement loan and the energy efficient mortgage. Product SecurityRead more
This week Harcourt Brown & Carey client Puerto Rico Energy Affairs Administration (PREAA) released draft regulations for the Commonwealth’s $290 million Green Energy Fund. HB&C has been working closely with staff at PREAA to develop these draft regulations for the past several months. Notice of the release of these regulations was posted in El VoceroRead more
HB&C is nearing completion of an assignment for a major utility to develop a financing program to support geothermal heat pumps for the utility’s residential customers. The program is innovative because it offers a way for the utility to make money on a geothermal heat pump program while also bringing the monthly costs of the programRead more
Harcourt Brown & Carey Energy and Finance, engaged by the Environmental Defense Fund (EDF), performed a review of programs conducted in the US to finance the cost of energy efficiency improvements through a surcharge on the electric utility bill that is tied to the affected property’s electric or gas meter (on-bill financing). Specifically, Harcourt BrownRead more
Arizona Corporation Commission approved by a vote of 5-0 a new financing program for energy efficiency in Northern Arizona. Harcourt Brown & Carey has been working with UniSource, a utility in Arizona, to develop this program over the past several months. The program will involve a loan originator who will make loans and sell themRead more
Harcourt Brown Principal Matthew H. Brown presented at a special Council of Development Finance Agencies (CDFA) seminar on clean energy finance. This meeting, attended by state and local government development finance professionals from around the United States, was designed to introduce clean energy finance concepts and practices. Matthew H. Brown helped CDFA to organize theRead more
Friday, November 12, 2010, the U.S. Department of Energy EECBG/SEP held a webinar on “Introducing the New PowerSaver Loan Program from HUD/FHA”. The webinar discussed the following information: description of the PowerSaver loan product for home energy improvements, overview of the opportunity for DOE Recovery Act grantees to participate in the program and the nextRead more
Harcourt Brown & Carey (HB&C) is a national consulting firm with unrivaled experience maneuvering the clean energy marketplace. We deliver energy efficiency finance solutions that work in the real world.