Out-of-date homes and commercial properties are both a drain on the power grid and a burden on the environment.
A CNET survey found nearly a third of Americans wereconcerned about the cost of home energy efficiency projects.
The work is funded by the utility and paid back through the savings the owner experiences.
The best part of these deals?
They seem to be working.
He and two colleaguesstudied pay as you save programsin Tennessee, North Carolina, Arkansas, Kansas and Kentucky.
So how do these programs work, and how can you take advantage of them?
What is pay as you save?
But letting the utility company take the brunt of that upfront cost can help clear a major hurdle.
“The program really works well for homes that are very inefficient,” Deason said.
In Deason’s findings, there are no credit checks or burdens placed on owners.
Instead, the funding is simply driven by the savings.
Protections against getting stuck: Participation in any long-term agreement can become harrowing if life situations change.
