EC CEO SPEAKS AT WATERLOO INSTITUTE OF SUSTAINABLE ENERGY
WATERLOO, ON- The CEO of Efficiency Capital (EC) says the right financial solution has to be combined with the right technology solution to make more building retrofits happen. In an address to students at the Waterloo Institute of Sustainable Energy, energy entrepreneur and investor Chandra Ramadurai made several important points. He explained that while the proven technical solutions to make a building more efficient have been available for decades, it is the lack of financial solutions that have prevented adoption of them.
After providing an overview of the global and Canadian markets, Ramadurai discussed some of the most persistent barriers to building energy efficiency. These include complexity, the availability of qualified professionals, access to a combination of financing and incentives, and concern that predicted savings will not be realized. He also revealed that because decision makers have to juggle competing priorities for capital allocation, they often don’t even look into efficiency investments until they absolutely have to.
The Waterloo Institute for Sustainable Energy’s (WISE) mission is to conduct original research and develop innovative solutions and policies to help transform the energy system for long-term sustainability. WISE works closely with utilities, private-sector partners, government and the non-profit sector to ground its work in real-world issues. WISE offers its partners the full spectrum of energy R&D, education and training, and commercialization activities.
To learn more about Chandra Ramadurai’s insight into energy efficiency and the path to more building retrofits, you can watch his address to WISE by clicking on the link below.
About Efficiency Capital
Efficiency Capital (EC) is Canada’s first and only developer and investor in energy efficiency upgrade projects. EC does this using various customized financial solutions – foremost among them being the award winning ESPA™ investment methodology developed by The Atmospheric Fund (TAF). EC serves clients in the multi-residential, commercial, industrial and MUSH segments