BetterBuildings Northwest Ohio
Improving Buildings Across Northwest Ohio by Financing Energy Efficiency Technology
Building owners can save on energy costs while increasing the value of their investment by participating in BetterBuildings Northwest Ohio, a program of the Toledo-Lucas County Port Authority.
Through BetterBuildings, owners of virtually every type of building are eligible for low-cost financing to pay for high-efficiency improvements to their facilities and building systems. The goal is to make cost-effective energy practices and technology more accessible to individuals, businesses and governmental entities across Northwest Ohio - while also helping transform the way whole communities use energy.
BetterBuildings offers attractive commercial financing at competitive interest rates with terms up to 15 years for projects that focus on conserving energy and generating savings through equipment retrofits to existing facilities. Financing is structured so that the energy savings will cover the cost of equipment, upgrades, installation and transaction costs, which make these projects "self funding." In addition, eligible utility company rebates and other incentives can be included in the financing.
In many buildings, energy savings of 20% or more are achievable. To be eligible, projects must be an energy efficient retrofit to an existing building. Some examples of projects that can be financed are lighting, high efficiency HVAC, building envelope, energy management systems and controls, compressed air and refrigeration.
For more information, call BetterBuildings Northwest Ohio today at 419.243.8251.
BetterBuildings offers financing for projects that focus on conserving energy and generating savings through equipment upgrades to existing facilities. The following are examples of eligible energy improvement upgrades:
- Lighting and Building Controls
- HVAC, Boilers and Chillers
- Compressors, Motors and Drives
- Waste Energy Recovery
- Electrical Distribution
- Building Envelope (roofing, windows, etc.)
"Our business has been a win-win-win situation for everyone involved. We have cleaned Erie County's environment, helped Erie County create a new source of income from their methane gas, and provided renewable energy to the cities of Painesville, Milan and Oberlin at a competitive price. We want to thank the Port Authority for helping us produce something useful from something that was polluting. Because of their help, we were able to turn a liability into an asset for Erie County."
"With the support of the Port's BetterBuildings Northwest Ohio energy program, we were able to upgrade our HVAC which significantly reduced our energy consumption and operating expenses and improved the overall comfort of our buildings."
"The BetterBuildings Northwest Ohio program has enabled us to implement mechanical and lighting upgrade, as well as the installation of building automation systems to our buildings. The improvements not only reduced our energy bills and demand, but improved the overall comfort and aesthetics of our buildings."
"With the help of the BBNWO energy program, I was able to finance significant upgrades that will result in energy cost savings for my business and tenants, and make the building more efficient, comfortable and more aesthetically pleasing."
"The Port's BetterBuilding's Northwest Ohio energy efficiency financing program allowed us to invest in significant upgrades to our building that will not only save us money and energy, but it will allow us to pay for the improvements over time at a fixed interest rate."
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