Funding projects can often be a daunting task. Our team of financial experts are actively engaged in financial markets and can leverage those markets to fund renewable energy projects for clients.
Army Energy Savings Performance Contracts
MCFA is well versed in developing and executing Energy Savings Performance Contracts (ESPC) for the Army. Across several of the larger projects, MCFA has helped develop and execute over $70M in implementation costs associated with Army ESPC programs with average paybacks of less than 20 years. Our expertise in understanding client requirements, along with the divers behind ESPC projects, allows us to present unique solutions to many of the hurdles that arise during the ESPC process. Furthermore, MCFA is adept at reviewing ESPC scope and designs, as well as ensuring that the appropriate Measurement and Verification processes are set in place to validate that the proposed energy savings actually occur post performance.
MCFA has also performed roles as owner’s representatives, construction managers, and on-site inspectors during the construction process, and has operated as a coordinator between the Energy Services Company and the customer, as well as with the tenant organizations within Army installations. Several MCFA personnel have been recognized by the Secretary of the Army and Installation Management Command for their efforts associated with reducing energy consumption and producing effective, successful ESPC programs.
City of Camden Energy Rebate Programs
MCFA designed, implemented and executed two energy related rebate programs on behalf of the City of Camden under the American Recovery and Reinvestment Act (ARRA), funding provided by the Department of Energy. The first of the programs consisted of a rebate for small and medium businesses within the city limits. The program was aligned with existing state energy efficiency programs in such a fashion as to offer 100% total rebate of energy efficient upgrades; enabling most recipients to receive their energy efficiency upgrades for little or no cost. These upgrades typically included lighting, heating and cooling equipment.
The second portion of the program was to create a revolving low interest loan fund that would spur additional energy upgrades for larger businesses within the city limits. This loan program included a local non-profit lender to offer low interest loans backed by the ARRA funding to execute large energy savings projects that would decrease operating costs and emissions for these businesses.