Paying for Energy Improvements: Internal Energy Revolving Funds (1)

How can water systems pay for projects that reduce their energy costs? This webinar focuses on one approach: the Internal Energy Revolving Fund (IERF) concept also known as an “Energy Bank” or “Green Revolving Fund.” In this model, an organization uses the fund to pay for energy improvements to its internal operations (e.g. pumps and motors, lighting, HVAC equipment, solar panels, etc.) and then uses the avoided energy costs from one project to help pay for the next project—thus the fund “revolves.” This webinar examines sources of money to seed the fund initially and ways to structure it for long-term success.