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The overall green retrofit market (both non-residential and residential) could reach $1 trillion by 2020.

If 50 million homes can be retrofitted over the next decade, then a hefty investment from the public and private sectors of about $500 billion is needed, according to a report from the think tank Center for American Progress and the public policy initiative Energy Future Coalition.

The total potential market for major green renovations in the commercial building sector is approximately $400 billion, according to Pike Research.

How are these retrofits going to be financed?

While the benefits are clear, the challenge for building owners and homeowners is to find financing for green projects in the current economy. Luckily, there are many creative solutions available that allow tax financing as well as utility financing to promote green building. Assembly Bill 811 and on-bill financing arrangements are two prominent financing solutions that can help you get started. Utility rebates, incentives, programs, and financing tools are the first step.

Let Greener Dawn lead you down the path to energy efficiency administering these financial mechanisms. Contact us today.

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