Efficiency Capital

Efficiency Capital offers Efficiency as a Service. All the work we do is on our time, and our dime -- leaving you to spend yours on what matters most. Get in touch today to unlock your #efficiency advantage! https://lnkd.in/gYERZhVY

Happy Holidays from the Efficiency Capital team! May your buildings be merry, warm and bright this winter, with an abundance of #energyefficiency!

According to recent findings shared by Mathieu Poirier, Director of Policy at Building Decarbonization Alliance, residential buildings across Canada have seen a bigger decrease in direct #emission intensity (-40%) by area, in relation to commercial buildings (-10%). The #commercial building sector offers a great opportunity for us to make great leaps in our nation-wide #decarbonization efforts. For Canada to achieve its 2050 #climate targets, we need 3x more retrofits, deeper retrofits and additional C&I spending of approximately $6B. By engaging third-party investors, managers and partners like us at Efficiency Capital, we can make even greater strides towards achieving a #netzero future. Get in touch to learn more!

As 2024 draws to a close, we are celebrating a successful year of building energy savings. We have worked hard to help our community of building owners and operators adopt energy efficiency and have established several exciting partnerships across Canada to help deliver low-carbon building solutions at scale. We’ve seen significant growth as a result and after doubling our retrofits in 2023 we’re on track to double them again. This year, we celebrated some big news! Including: ✅ Completed projects in New Brunswick and Alberta, and retrofits in development in Nova Scotia, Quebec and British Columbia ✅ Closing $50 million in funding from Canada Infrastructure Bank/ Banque de l'infrastructure du Canada ✅ Co-creating the Toronto Region Board of Trade's Climate Economy Strategic Council Playbook ✅ Establishing a cross-promotional partnership with Mitsubishi Electric Sales Canada Inc. ✅ Creating the Alberta Ecotrust Foundation retrofit accelerator program ✅ Joining boards and advisory councils with Building Decarbonization Alliance, Toronto Region Board of Trade, ULI Toronto, and the Inclusive Local Economic Opportunity in Toronto's Golden Mile, amongst others ✅ And attending and hosting over a dozen key industry events, webinars and seminars! We're proud of what we've been able to accomplish in a short 12 months, and look forward to continued growth in 2025 that leads to triple-bottom-line benefits for people, planet and profits. Take a look here: https://conta.cc/4fp8niv

In a recent building decarbonization market analysis shared by Rachel Moscovich, Senior Managing Consultant, Sustainability at Ramboll, several successes, challenges and opportunities were identified to accelerate decarbonization within Toronto, Vancouver, Los Angeles and New York. A critical recommendation related to capital markets includes a call to action to "Engage with financial institutions, city leaders, and building owners to promote green leasing and remove barriers to decarbonization funding. Push for deeper market research that demonstrates financial rewards of going green." Our work has proven that energy efficiency upgrades in buildings can increase asset value while decreasing energy costs. We remove the biggest barriers to #energyefficiency - capital, capacity and comprehension -- by providing the funding, expertise and time needed for building owners to make the upgrades they need. We take on the risk, leaving building owners free to focus on what matters most. Get in touch to unlock your efficiency potential.

Lots of great insights to be found in the 2024 Canadian Energy Efficiency Scorecard: Provinces and Territories by Efficiency Canada! While we can celebrate our collective efforts in 2023, which saw energy savings increase by 25% compared to 2022, we need to keep building towards a more efficient future. It's no surprise that British Columbia is leading the way as the most efficient province/territory given the immense efforts, policies and programs under development. Alongside leaders in Quebec and Prince Edward Island, this innovation and relentless pursuit of efficiency across all sectors is something we should be looking to replicate coast to coast. Take a look at the full report to learn more: https://lnkd.in/eb6x6vc #energyefficiency

Toronto Hydro, ASHRAE Toronto Chapter, Toronto 2030 District and HRAI (Heating, Refrigeration and Air Conditioning Institute of Canada) have collaborated to launch a free Heat Pump Fundamentals Training Program! This program is tailored specifically for mechanical engineers/designers, building owners, property managers, and HVAC suppliers/installers, with a focus on supporting the mid-tier building sector (Class B and C commercial buildings) within Toronto.  Heat Pump Fundamentals training is a series of classes designed to empower participants to confidently recommend and specify electric heat pump solutions. The series will foster a deeper understanding of the business case for heat pumps, and build momentum for the electrification of heating systems, supporting local, national, and international climate goals. The first series of Heat Pump Fundamentals courses will run in early 2025. Register to learn more! https://lnkd.in/ek96S6e5 #heatpumps #electrification #heatingsystems #webinarseries #climategoals

Thanks to SAB Magazine for sharing the news about our partnership with Mitsubishi Electric Sales Canada Inc. to make low-carbon building upgrades more accessible to owners. Our cross-promotional partnership launched in September, allowing us to pair our turnkey investments with state-of-the-art technology so that building owners and operators can optimize their #energy systems and capital expenditures while reducing their carbon footprint. Learn more on page 9! https://lnkd.in/eJS--Na6

Retrofitting doesn’t have to be complicated. Efficiency Capital’s expertise and funding options make it simple for building owners to implement energy-efficient solutions, cut operating costs, and enhance building performance. Our custom solutions don’t just save energy—they deliver long-term value to your assets. Ready to start? Reach out to learn more about how we can work together to optimize your building’s energy future! #BuildingManagement #SustainableSolutions #Retrofitting #EfficiencyCapital

Energy retrofits aren't just good for the environment - they're good for your bottom line. According to a new study conducted for Quebec’s Fonds immobilier de solidarité FTQ (FTQ Solidarity Real Estate Fund), the cash flow for a building which had not undergone any decarbonization efforts was expected to decline by 15% after 7 years and 80% after 10 years, with factors like rising carbon taxes, higher energy costs, and the impacts of building codes on rental income driving down its valuation. By comparison, an upfront investment of 6% of the building's value to reduce carbon emissions would cut cash flow by 15% initially, but free the property from the need to make green retrofits in seven years. Efficiency Capital's investments take retrofit projects one step further by reducing cash flow impact entirely through our innovative financing options. Our off balance sheet solutions leave building owners and operators with their borrowing power untouched and able to invest in themselves where they need it most. Take a look at the study findings here, and get in touch to learn more. https://lnkd.in/eYVBURVu The Energy Mix / Akonovia #financing #greenretrofits #decarbonization #energycosts