Did you know? As of January 2019, there are a new set of rules or guidelines for green rewards programs. There was a shift in focus to a more measured approach to energy savings between water and energy. Pre 2019 Green Financing requirements were to achieve 25% energy across gas, water and electric or 25% in water reduction. The game changed in 2019 from a total reduction of 30% across all categories to a 30% reduction with 50% of the savings from energy and 50% from water.
New rule required thoughtful consideration to each area of energy and water reduction to maximize energy savings and investor returns. With the new game interior lighting, smart thermostats, aerators, shower heads and irrigation retrofits have garnered the greatest reduction and returns.