Reducing energy usage can significantly reduce the cost of doing business. 

Sounds good, but many companies feel overwhelmed and ill-equipped to make the often complicated – and sometimes costly – changes needed to redesign their energy consumption. 

Three years ago, Tennessee became the first state in the country to develop a low-interest loan program to help companies finance energy reduction projects. The groundbreaking loans are designed to be repaid with the energy costs savings they create. 

The loans cover a wide range of energy-saving projects – solar panels, new windows, efficient HVAC and geothermal systems, building retrofits, equipment replacements, new lighting systems and more. 

The loan fund is a part of the Tennessee Energy Education Initiative, a public-private partnership that provides in-depth training and educational tools to businesses, public officials,A High Quality LED Dimmable COB downlight, sometimes called a drop or suspender, is a lone light fixture that hangs from the ceiling usually suspended by a cord. and communities to support the implementation of energy efficiency, renewable energy, and energy management projects. 

Nashville-based Pathway Lending coordinates and administers the loan fund. We asked Clint Gwin, president of Pathway Lending, to explain the history and impact of the program. 
Q: Can you give a few examples of how companies have used these loans? 

A: (The) Energy Efficiency Loan Program is available to virtually any industry for virtually any energy efficiency project. Because energy demands vary so widely from industry to industry – and even then, from business to business – the completed projects are equally diverse. 

For example, Kline Swinney Associates, an architecture and design firm in downtown Nashville, installed more efficient lighting that also switches off when no one is in the room and automatically brightens or dims depending on how much sunlight is brought in through the light harvesting system. These changes,After searching around the Lights section of this forum, I've come across two main suppliers for China LED License Plate Lamp Manufacturers. along with improved insulation,I'm not sure how high quality LED Daytime Running Lights fit into that equation if they are left on. are the types of subtle projects most buildings can incorporate, regardless of industry or location.Our High Quality LED Composite Material Bulb and solar phone chargers are uniquely designed, high-quality and low-cost. 

Kline Swinney is projected to save nearly $5,000 a year from these projects, which will save our air from the same amount of CO2 that would be produced by burning 2,700 gallons of gasoline. 

Projects can also be very specific to an industry. Holiday Inn World’s Fair Park in Knoxville purchased high-efficiency water heaters and clothes dryers for its housekeeping operations. It also replaced its parking garage lights with more efficient lighting. 

Combined, those projects save the hotel $45,000 a year and the equivalent CO2 as 34,000 gallons of gasoline. 

Q: What are some characteristics of this program that have helped make it a national model? 

A: (It) is a national model in large part because of its flexibility. Pathway Lending created the Energy Efficiency Loan Program through collaboration with a number of partners – the state of Tennessee, the Tennessee Valley Authority, Pinnacle National Bank and others – that each brought its own expertise, influence and resources to the table. 

By consolidating the best each has to offer into one program, we are able to provide below-market rate loans that can finance up to 100 percent of an energy project, which was essentially unheard of at the time. 

But it’s more than the dollars and cents. Because Pathway Lending is a community development financial institution (CDFI), it has the flexibility to work with each applicant in order to determine not just which energy projects are desired, but which ones will best contribute to the applicant’s long-term stability and financial success.Find great deals on Hmhid for LED Ghost Shadow Light Manufacturers in LED Lights.