The landscape for implementing energy efficient projects is rapidly changing. The need for energy project financing has never been greater. The factors influencing energy project financing have been brought about by legislation, oil prices surging past $120 a barrel, and the growing concern for global warming.

In December of 2007, the Energy Independence and Security Act was passed into law. This act promotes energy savings performance contracting in the federal government, and provides flexible financing and training of federal contract officers. The Energy Policy Act of 2005 reauthorizes energy service performance contracting through September 30, 2016.