Project Funding

TEN funding enables our customers to implement all promising projects in a budget-neutral way.

 

Unlock Savings

TEN’s project funding options unlock the full cost savings and strategic potential of identified energy efficiency projects.

Overcome Cost Barriers

TEN’s funding options are straightforward and effective, helping customers overcome first-cost barriers to implementing efficiency projects.

Customized Financing

TEN’s differentiating expertise: matching each customer with a customized financing vehicle that unlocks the full cost savings and strategic potential of identified efficiency projects.

 


GUARANTEED SAVINGS PERFORMANCE CONTRACT

Install upgraded modern equipment without requiring upfront capital. A portion of the resulting savings wholly supports debt service; budget-neutral.

  • Low-cost project debt supports installation of most-modern equipment
  • TEN offers energy reduction guarantees
  • Customer retains ownership of equipment and 100% of future savings at the end of the contract
  • Funding can be for bundled projects (all at one time) or phased projects (over time)

PACE (Property-Assessed Clean Energy)

PACE financing programs use a variety of funds (e.g., government bonds, private capital, bank financing) to provide 100% financing for qualified projects in states / regions with active PACE programs.

All types of energy efficiency projects implemented by TEN qualify for available PACE funding – an assessment added to the property’s tax bill that stays with the building upon sale.

PACE is a great option for taxable property owners of commercial buildings, hotels, nursing homes, assisted living and shopping centers.

PACE requires an experienced energy services firm (like TEN) to coordinate PACE-qualifying technical and financial project components.


ON BILL EFFICIENCY

TEN specifies high-efficiency lighting and other facility improvements that save thousands of dollars a year in energy savings while modernizing customer facilities.

Customers enter into new energy supply agreements, locking in multi-year savings. Savings for the initial years pay for all project costs.

Customers own the installed high-efficiency equipment and 100% of generated utility savings once the initial commodity contract expires.