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Abstract: . . . prospective investors in the United States and describes various fiscal mechanisms for financing renewable energy projects. It is perhaps a reflection on investment interest and government policy support that there has been a need to update the borrower’s guide information every six months. REFERENCES This workshop paper is taken from the following publication The Borrower’s Guide to Financing Solar Energy Systems: A Federal Overview, 2nd Edition, DOE/GO-10099-742, March 1999 This publication is a revision of DOE/GO-10098-660, September 1998 . . . . . . helps fund renewable systems and energy efficiency improvements. 2.7 Environmental Protection Agency (EPA) As part of its role of safeguarding America’s natural environment the EPA has Energy Star rating systems and inducements to encourage builders to construct homes that are 30% more efficient than homes built to the model energy code. Out of this incentive have followed solar PV and thermal building integrated systems. An Energy Star mortgage mechanism is available, where home buyers become entitled to a 10% to 25% higher home loan bracket if their house is Energy Star Rated. Even so, Energy Star products are to be encouraged, in that EPA/DOE studies found that the value of a home increase from around US$11 to US$25 for every US$1 reduction in annual utility bills. . . . . . . thermal applications eligible for investment funding. This builds on a 1994 initiative ‘Showing America a New Way Home’ where US$1 trillion was earmarked to finance more than 10 million homes for the underprivileged. The loan schemes are complemented by Fannie Mae’s national educational campaign called ‘Opening Doors for Every American’ to stimulate homeownership and help householders avoid fuel poverty. Page 2 The 2 nd World Solar Electric Buildings Conference: Sydney 8 th -10 th March 2000 2.2 Freddie Mac Corporation ( http://www.freddiemac.com ) Freddie Mac, also known as the Federal Home Loan Mortgage Corporation (FHLMC), is a secondary mortgage lender. Original mortgage lenders sell their liability to FreddieMac and use the proceeds to fund new mortgages for homebuyers . . . --2334,3,389,2322,11668
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