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Philip Henderson, Senior Financial Policy Specialist, Washington, DC

Philip Henderson
Investing to improve the energy efficiency of houses, apartment buildings, offices -- all buildings -- makes a ton of sense for a variety of reasons, including increasing the value of the property, improving the utility system, and reducing toxic pollution from power plants. But understanding the costs, benefits, and other values at stake is often difficult for owners, lenders, and other market participants. I’ve worked for years to bring innovation to the mortgage finance industry, including at two dynamic technology companies. At NRDC's CMI, we are working at the intersection of finance and efficiency to illuminate the opportunities to innovate with our many partners.

Recent Posts

White House: Two initiatives at the sweet spot of energy and finance

Posted August 24, 2015 by Philip Henderson

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The White House today announced several initiatives aimed at helping households benefit from energy efficiency improvements and solar power, including two initiatives at the Federal Housing Administration (FHA) -- the agency that insures mortgages for American homeowners. Consumer finance is...continued

The President's new solar initiative for all, and Energy Efficiency for All

Posted July 7, 2015 by Philip Henderson

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America has been in a solar energy boom. Solar installations have increased over 400 percent since 2010. As usage has grown, the cost of solar energy has dropped dramatically, further fueling adoption and growth in rooftop solar, commercial projects, and...continued

Commending Fannie Mae for innovation... in energy efficiency!

Posted February 27, 2015 by Philip Henderson

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Some people might be surprised to learn that Fannie Mae -- a company that purchases mortgage loans and sells mortgage-backed securities -- is an innovator in energy efficiency. Its new policy to offer a discount on loans for more efficient...continued

HUD on the right track with new energy efficiency initiative for affordable housing

Posted January 29, 2015 by Philip Henderson

If you look into the new energy efficiency initiatives announced today by the U.S. Dept. of Housing and Urban Development (HUD), you'll make an important discovery. Everybody knows investing to improve the energy efficiency of buildings can be a great...continued

Innovations in energy efficiency finance -- new FHA rule points the way ahead for 2014

Posted February 5, 2014 by Philip Henderson

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A simple new rule of the Federal Housing Administration should be counted as a recent innovation in energy efficiency finance: For a homebuyer to qualify for an FHA-insured mortgage to purchase a newly built house, the house must meet the...continued

Looking back at 2013, NYSERDA's innovation in efficiency financing stands out

Posted January 2, 2014 by Philip Henderson

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It’s that time of year – time to look back at 2013. One energy efficiency deal stands out:  In August, the New York State Energy Research and Development Agency quietly sold a pool of efficiency loans to investors. Selling loans...continued

Rural electric co-ops have new resource to help customers save

Posted December 5, 2013 by Philip Henderson

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While compelling stories about energy efficiency often invoke images of high-performance skyscrapers or extol policies of cities like Philadelphia and Chicago, America’s rural electric co-ops serve millions of households and businesses with electricity and related services and can help their...continued

New evidence that more efficient houses are more valuable houses

Posted November 22, 2013 by Philip Henderson

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When insurance companies offer discounts for lower risk customers, you can bet it's based on reliable evidence. Think lower car insurance rates for drivers with no speeding tickets, and discounted life insurance for non-smokers. Genworth, the large private mortgage insurance...continued

Cut Energy Waste By Running Buildings Better

Posted October 21, 2013 by Philip Henderson

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  Most people know that new light fixtures can reduce energy waste in office buildings, but even the experts may be surprised to learn just how much energy can be saved by running office buildings better. NRDC’s new report on...continued

Sensible leadership from Senators Bennet and Isakson to correct mortgage flaw

Posted June 7, 2013 by Philip Henderson

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Once again, Senators Michael Bennet and Johnny Isakson have teamed up to show there is still leadership and good sense in the U.S. Congress.  They introduced a bill (the SAVE Act, S.1106) that would correct an important flaw in the mortgage process...continued

New study finds strong connection between lower energy expenses and better mortgage borrowers

Posted March 19, 2013 by Philip Henderson

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A new study from economists at University of North Carolina found very strong evidence  that a homeowner with lower energy expenses will be a better mortgage borrower -- lower risk of delinquency, default, and prepayment. The report is titled "Home Energy...continued

How the CFPB could help achieve President's goal to reduce wasted energy in houses

Posted January 10, 2013 by Philip Henderson

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In the State of the Union address, President Obama issued a new goal for America: "Let's cut in half the energy wasted by our homes and businesses over the next twenty years." Here's one place the Administration should focus: Improving the...continued

New data from EIA shed light on residential energy expenses

Posted December 27, 2012 by Philip Henderson

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Houses in America (and the people, machines, and devices in them….) use a lot of energy, year in and year out.  The massive quantity of energy used is often expressed in measures that are abstract to most people -- megawatt hours,...continued

New On-Bill Financing paper outlines key considerations for program design

Posted August 13, 2012 by Philip Henderson

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On-bill financing is a very promising way for utilities to help their customers invest in energy efficiency improvements, such as adding insulation, installing new lighting, or upgrading to a high-efficiency air conditioner.  It is simply a loan to a utility...continued

Can news on energy efficiency compete on a big news day?

Posted June 28, 2012 by Philip Henderson

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What a news day!  Yesterday, the Supreme Court issued a pivotal decision on health insurance, Italy beat Germany (on the soccer field), while Germany worries about Spanish and Italian banks at the European Summit.  With all that as competition, it...continued


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