Financing Solutions Working Group

SEE Action’s Financing Solutions Working Group seeks to increase energy efficiency financing program confidence, capital and convenience by providing state and local government decision makers and financial institutions the tools and information needed to create, implement and sustain successful energy efficiency financing programs. Learn more about Energy Efficiency Financing.

Financing Solutions Working Group Members

Name Affiliation
Bryan Garcia (Co-Chair) Connecticut Green Bank
Bruce Schlein (Co-Chair) Citi
Lorraine Akiba Hawaii Public Utilities Commission
Casey Bell American Council for an Energy-Efficient Economy
Deana Carrillo California Alternative Energy & Advanced Transportation Financing Authority
Brad Copithorne Renewable Funding
Stuart DeCew Yale Center for Business and the Environment
Janis Erickson Sacramento Municipal Utility District
Don Gilligan National Association of Energy Service Companies
Greg Hale Office of the Governor, State of New York
Robert Hall Hall Associates Consulting, LLC
Philip Henderson Natural Resources Defense Council
Bill Jenkins Deutsche Bank
Birud Jhivari Massachusetts Department of Energy Resources
Richard Kauffman Office of the Governor, State of New York
Steven Klein First Infrastructure, Inc.
Peter Krajsa AFC First Financial Corporation
Joel Kurtzman Milken Institute - Center for Financial Innovations
Jean Lamming California Public Utilities Commission
David Logeman Electric Cooperatives of South Carolina
Kevin McCarthy Connecticut General Assembly Office of Legislative Research
Jeff Pitkin New York State Energy Research and Development Authority
Curtis Probst Rocky Mountain Institute
Robert Sahadi Institute for Market Transformation
Paul Scharfenberger Colorado Governor's Energy Office
Mary Schlaefer Wisconsin Energy Conservation Corporation
Mary Templeton Michigan Saves
Jennifer Weiss Environmental Finance Center at UNC-Chapel Hill
Austin Whitman First Fuel
Stockton Williams HR&A Advisors
Mark Wolfe Energy Programs Consortium


For more information on the Financing Solutions Working Group, contact:

Work Products

Provides key considerations for policymakers, energy efficiency program administrators, and program partners om implementing successful energy efficiency financing programs for existing buildings.
Provides considerations for state and local policymakers and energy efficiency program administrators designing and implementing successful credit enhancement strategies for residential and commercial buildings.
Provides an overview of the current state of on-bill programs and provides actionable insights on key program design considerations for on-bill lending programs. States and utilities are increasingly turning to on-bill financing to stretch their limited efficiency program dollars and to overcome a number of barriers to the uptake of energy improvements in residential and non-residential properties.
This report takes a foundational step toward the establishment of common data collection practices for energy efficiency lending. The authors reviewed existing practices for data collection for energy efficiency financing programs and, based on discussions with various stakeholders, identified high-priority needs, characterized potential uses for finance program data, and identified use cases that describe how stakeholders use data for key objectives and actions. 
Efficient access to capital from secondary markets—reselling energy loans to investors to replenish program funds­—is being advanced as an important enabler of the energy efficiency industry “at scale.” However, the role that secondary markets can play in bringing energy efficiency to scale is largely untested. Only a handful of secondary market transactions of energy efficiency loan products have been executed to date, and it is too soon to draw robust conclusions from these deals. At the same time, energy efficiency program administrators and policymakers face near-term decisions on whether and how to access secondary markets as part of their energy efficiency deployment strategy.
This report lays the groundwork for a dialogue to explore regulatory and policy mechanisms for ensuring that efficiency financing initiatives provide value for society and protection for consumers. Featuring case studies of Connecticut, New York, Massachusetts, California, and Maryland, Making it Count explores emerging questions that jurisdictions will need to answer when considering an increased reliance on financing, including:Can financing be placed in a regulatory context that preserves accountability while providing sufficient flexibility to program administrators and customers?Can the tools that have been used to screen traditional energy efficiency programs for cost-effectiveness and assess potential savings and impacts be adapted in ways that make them work for energy efficiency financing programs?
Ensuring that low- and moderate-income (LMI) households have access to energy efficiency is equitable, provides energy savings as a resource to meet energy needs, and can support multiple policy goals, such as affordable energy, job creation, and improved public health. Although the need is great, many LMI households may not be able to afford efficiency improvements or may be inhibited from adopting efficiency for other reasons. Decision-makers across the country are currently exploring the challenges and potential solutions to ramping up adoption of efficiency in LMI households, including the use of financing.