Energy Project Financing
HRP has found that facility managers agree that energy management projects are a good investment. Generally, energy management projects reduce operational costs, present low risk, can improve productivity, and may increase the value of your property or enterprise. The questions that you may have are: ‘What is the time period for payback?’, and, ‘Can I obtain funding assistance?’
HRP's consulting engineers have established working relationships with agencies, utilities and financial entities that provide funding grants, rebates, and tax incentives to support and finance energy projects. We leverage these relationships and our knowledge to help you implement energy reduction and renewable energy solutions. These investments often pay back in a time period that is significantly shorter than you may have expected.
Energy projects were historically financed by utility rebate programs. However, the trend for obtaining funds for energy projects has moved away from rebate programs toward other types of financing alternatives. We can help you understand what options are available, assess project payback in advance, avoid potential hidden costs, and assure that your project is an economic success.