- Project costs and availability of capital are the reasons why most energy efficiency and water conservation projects don’t go forward. This affects the business of those skilled trades contractors involved in these projects. For many, the response is to reduce prices in hope of being the winning bidder. The result is reduced profitability for secured projects.
- Contractors familiar with these financing options and how to take advantage of them have an important advantage. They realize increased project hit rates at higher profit margins, and also gain access to larger and more profitable jobs.