SAN DIEGO—Renovate America says more than a billion gallons of water will be saved in California as a result of completed water-efficiency projects financed through the HERO Program. In addition,more than half of these new water projects and more than half the projected water savings have been completed since the Governor announced water reduction mandates April 1.

The 1.25 billion gallons of water to be saved over the useful life of the water-efficiency projects financed by HERO since January 2012 are the equivalent to 40 million showers or more than 31 million loads of laundry.

HERO (Home Energy Renovation Opportunity) is the nation's fastest-growing energy efficiency program, using Property Assessed Clean Energy (PACE) financing – embraced recently by President Obama and the Federal Housing Administration.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.