Hidden Potential: Economics of Energy Retrofits

Continuing Education Credits

Approved for 1.0 CE Hour
Approved for 1.0 HSW/LU Hour
Event Prices: 
Urban Green Council Member
Sponsor Member
Free Admission
Leadership Level Member
Free Admission

Read the event summary on our blog, Points of View

One of the key components to a low-carbon economy resides in improving the energy performance of our existing building stock.  Even in the face of an appealing payback, a mixture of financial, legal, and cultural hurdles often prevents energy retrofit projects from being undertaken. 

A range of studies cites the split incentive and insufficient credit (due to the prevailing commercial real estate business models) as significant financing obstacles. Recognizing the economic potential of such retrofits, numerous entities from across the fields of design, construction, environment, and finance are actively working on overcoming these institutionalized roadblocks. At this roundtable we will hear from two speakers at the forefront of establishing new financing pathways to release the full potential of the existing building energy retrofit market. 

Greg Hale
Senior Advisor, Office of the Governor, State of New York

As Senior Advisor to the Chairman of Energy & Finance, Greg works on the New York State Green Bank and various other clean energy finance and economic development initiatives. Prior to joining the Governor’s Office, Greg was the Director of Efficiency Finance at NRDC’s Center for Market Innovation, where he focused on developing the market for energy efficiency building retrofits in the commercial, multi-family and institutional property sectors. Greg also spent 17 years in the real estate industry. Greg is a graduate of Dartmouth College and The University of Michigan Law School.

Susan Leeds
CEO, New York City Energy Efficiency Corporation

Susan is a seasoned professional with over seventeen years of experience in financial markets. Prior to joining NYCEEC, Susan developed a funding strategy for an energy efficiency project developer and advised a major national bank on product opportunities in energy efficiency finance. Susan has also managed financial sector advocacy for the NRDC. Additionally, she has held executive positions at a non-profit financial advocacy institution and at for-profit financial institutions in the mortgage and asset-backed space, including Deutsche Bank and GE Capital. Susan holds an MBA in finance from the Wharton School at the University of Pennsylvania and a BA from the University of Pennsylvania.

Victor Rojas
Senior Manager, Financial Policy, Environmental Defense Fund

As Senior Manager for Financial, Vic works to remove financial market barriers that prevent financing of energy efficiency in residential, commercial and institutional markets. Vic most recently served as Deputy Commissioner with the City of Chicago Department of Environment where he designed, managed and implemented replicable private market financing and development constructs that accelerate institutional capital flows into essential energy efficiency, renewable energy and climate change/adaptation initiatives. Vic earned his Bachelor of Science in Resource Economics from the University of California, Berkeley and his Juris Doctor from Hofstra University.


Thornton Tomasetti

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