Overview
As property owners and occupiers face significant energy cost and pressure to ensure buildings are energy efficient, there is an opportunity to cut both emissions and costs by installing energy saving initiatives; such as LED lighting, thermal window films and more-efficient boilers in commercial properties.
Financing these energy saving initiatives often requires the project to be secured against future energy cost savings, and the projects themselves bring with them a need to protect the assets installed, revenues they generate and the potential savings they produce.
HSB’s Energy Efficiency policy is specifically designed for investors in energy conservation measures, energy service companies and those financing energy saving projects. Available for periods of up to five years, the policy provides cover for material damage (including equipment breakdown) of the installed systems, business interruption (protecting against loss of revenue in the event of equipment failure), and asset performance insurance covering a shortfall in energy savings.
Contacts
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Documents
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