Calif. bill pushes lowering financing costs to support retrofit projects

02/22/2012 | American City Business Journals

A bill introduced in the California Senate aims to cut the cost of retrofitting commercial buildings to make them energy efficient. The bill would pool energy-retrofit loans to building owners and then sell bonds to pay back those loans. The state would be reimbursed by the property owners, who could pay from the energy savings arising from the retrofit.

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