For many homeowners, the prospect of reducing their utility bills by making their property more energy efficient is very appealing. However, the upgrades required in order to achieve that goal may often be a challenge to squeeze into a tight budget.
There are a variety of assistance and financing programs designed to help property owners in these situations, though. As this story notes, one California based lending organization seems to be leading the pack. Renovate America is relatively new, having launched in 2011. But the startup has already made a big impact. Serving as a liaison connecting property owners to the Property Assessed Clean Energy financing program, Renovate America has already coordinated more than $1 billion in loans to help make properties more energy efficient. That represents loans made to more than 40,000 households, each of which can reduce their energy consumption as a result of upgrades conducted with the funds they received.
The specific projects and improvements involved can vary by individual property. However, there are several options that are among the most common, including solar energy systems and measures to reduce water consumption.
The application of spray foam insulation and roofing is also a common option for property owners seeking to make their homes more energy efficient. For contractors who want to assist with these jobs, used spray foam equipment can be a budget-friendly option. Intech Equipment & Supply has new and used spray foam equipment to meet contractors’ needs.