Economically Compelling Energy Savings
Transcript of Economically Compelling Energy Savings
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Economically Compelling Energy Savings
Andy BrydgesAccount Executive, Energy Efficiency
Eversource
Anthony ClarkAssociate Director, Commercial, Industrial, and
Institutional ProgramsCT Green Bank
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Green Bank and Utility Introductions
Energy Efficiency Incentive Programs
Financing Opportunities for Efficiency &
Renewables
New Construction Approaches
Q&A
Agenda
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Energy EfficiencyIncentive Programs
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Eversource C&I Annual Savingsby End Use
Cooling7%
Heating3%
Lighting65%
Motor4%
Other1%
Process18%
Refrigeration2%
Annual Electric Savings
Domestic Hot Water
3%
Heating65%
Other0% Process
31%
Refrigeration1%
Annual Gas Savings
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Shift Beyond Lighting
Promote HVAC Strategies
Deliver EE services to all Fuels
Tailor solutions to Market Segments– Trade Ally Networks– Turnkey solutions for small- to mid-sized
businesses that include on-bill financing
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Lighting
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LED C&I Market Adoption - US
Source: DesignLights Consortium (DLC); Energy Savings Potential of DLC Commercial Lightingand Networked Lighting Controls ; July 2018
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LED C&I Savings Potential (Cumulative) - US
Source: DesignLights Consortium (DLC); Energy Savings Potential of DLC Commercial Lighting and Networked Lighting Controls ; July 2018
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“Non-Energy” Value Propositions –Built Upon a Connected Lighting Platform
Lighting is ideal “powered platform”:add-on other features
“Non-energy” add-on features through NLC may be equally/more important than energy savings to customer– Space scheduling/ utilization– Indoor positioning and “way-finding”– Asset tracking and management
Economic payback may rely upon “non-energy” features customer wants/needs
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Lighting Measures
Lighting Tier Requirements
Best High Performance Lighting Networked Lighting Controls
Better Enhanced Performance Lighting LED with Sensors
Good Standard Lighting LEDs without Controls
Possible Control
Strategies:
Occupancy Sensors
Daylight Harvesting
High End Trim
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Gas Measures& Industrial Offerings
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Gas Measures
New Equipment Controls Steam Systems Heat Recovery Building Envelope
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Industrial Measures Air Compressors & Dryers Dust Collectors Forge Furnaces Variable Speed Controls Studies:
– Air Compressor Systems– Steam Systems– Investment Grade Engineering Study
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Comprehensive Approach
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Comprehensive Approach
End Uses
Heating Process
Cooling Domestic Hot Water
Lighting Refrigeration
Motor
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Comprehensive Approach – The Tiers
Tier Project Must Include Incentives
Total Comprehensive
Incentive
Networked Lighting Controls, or At least 3 end uses (lighting must have
controls)
Up to 65% of project cost
Multi End Use or EMS
Lighting with controls, orEMS, or
At least 2 end uses (lighting at least dimmable)
Up to 45% of project cost
Single End UseLighting or dimmable lighting, or
Only 1 end useUp to 25% of project cost
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Financing Approaches
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CT Green Bank
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Comprehensive Project Success
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Green Bank C&I Offerings
Financing for Higher Energy Performance– Commercial Property Assessed Clean Energy
(C-PACE) for existing buildings and new construction
– Power Purchase Agreements for renewable energy
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What is C-PACE
C‐PACE (Commercial Property Assessed Clean Energy) is an innovative financing solution from Connecticut Green Bank that makes upgrades that save energy accessible and affordable.
Enabled by State-level legislation, PACE is an public-private partnership, creating the first voluntary property tax assessment for optimizing building infrastructure.
With C-PACE, building owners can access 100% upfront, long-term financing to fund eligible improvements
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C-PACE Basics
Energy project construction proceeds exactly as it typically would.
C-PACE is secured by a property assessment with repayment collected with and like any other property tax and assessment
PACE assessment survives sales, including foreclosures
PACE assessment in arrears is senior to mortgages - but only the past due assessment
Future PACE assessments are paid by future building owners
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C-PACE Investment in CT
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C-PACE Improvements in CT
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C-PACE Impact in CT
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Solar Power Purchase Agreement
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CRE Case Study - I
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CRE Case Study - II
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New Construction Approaches
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2 Program Paths for Efficiency
New Construction Program
Path 1:WBP & Zero Energy Modeling Program
Path 2:Prescriptive
Program
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C-PACE New Construction
With C-PACE, developers can leverage utility incentives and:
Complete the capital stack affordable, long-term financing that may take the place of more expensive debt and equity. Up to 20 percent of eligible costs can be financed through C-PACE New Construction for terms up to 25 years.
Develop buildings that are higher performing, more cost-effective, comfortable, and competitive thereby boosting a project’s long-term sustainability and creating a more attractive investment.
Invest with confidence. The Green Bank’s Technical Administrator will conduct an independent review of the energy modeling and projected energy performance.
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C-PACE New Construction In Use
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Q & A
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Thank YouAndy Brydges
860-665-2733
Anthony ClarkCT Green Bank
860-257-2888
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Savings from Networked Lighting
Source: DesignLights Consortium (DLC); Energy Savings Potential of DLC Commercial Lighting and Networked Lighting Controls ; July 2018