September 2015 Katy Area Economic Development Council General Assembly Presentation
43
Stan Stanley – Immediate Past Chairman
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Transcript of September 2015 Katy Area Economic Development Council General Assembly Presentation
Stan Stanley – Immediate Past Chairman
Downy Vickery – Board Member
Rich Patrick – Districts Council
Rich Patrick – Districts Council
Stan Stanley- Immediate Past Chairman
Stan Stanley – Immediate Past Chairman
Stan Stanley – Immediate Past Chairman
Stan Stanley – Immediate Past Chairman
Stan Stanley – Immediate Past Chairman
Board of GovernorsPepper-Lawson ConstructionHouston Executive AirportTradition Bank
Strategic PartnersHoar Construction
AssociatesAllegiance BankFacility InteriorsFort Bend MUD #58Land AdvisorsMoody RambinPetroSkills Conference CenterSkybox Datacenter
WoodCreek LLCTroy Maxwell
Stan Stanley – Immediate Past Chairman
Caldwell CompaniesJim Black
Boucher Design GroupBob Bellomy
Stan Stanley – Immediate Past Chairman
Igloo ProductsGary Kiedaisch
Cotton Commercial USABryan Michalsky
Stan Stanley – Immediate Past Chairman
Si EnvironmentalMichael O’Connell
Polvogt InsuranceThom Polvogt
Stan Stanley – Immediate Past Chairman
Turner Duran ArchitectureGreg Turner
Silvestri InvestmentsDan Silvestri
Stan Stanley – Immediate Past Chairman
TNG Utility CorporationBill Callegari
Stan Stanley – Immediate Past Chairman
Katy EDC MeetingSeptember 15, 2015
CenterPoint Energy has designed energy efficiency programs to comply with state legislation that requires each investor-owned utility to reduce demand and energy savings.
Our programs help offset the need for additional generating capacity through cost effective energy efficiency programs.
We offer both residential and commercial programs for participants in our electric service territory.
SCORE/CitySmart ProgramPromotes energy efficiency upgrades at public and private schools, colleges, non-profit organizations, places of worship and cities through incentives and services. Services include benchmarking, energy master planning, and technical support.
The City of Katy will receive $2,293.77 in incentives for 7 lighting projects they completed for the CitySmart program in 2015.
Katy ISD- completed 54 projects in the SCORE program since 2007 totaling $441,518 in incentives.
Commercial & Industrial Standard Offer ProgramOffers incentives to energy efficiency service providers who install qualified energy efficiency projects in new or existing commercial and industrial facilities.
Retro-Commissioning ProgramPromotes the tune-up of existing commercial and industrial buildings by evaluating facility systems and implementing low-cost/no-cost measures.
Load Management ProgramOffers incentives to commercial and industrial customers for curtailing or shifting a load when notified. Curtailments can be called between June 1 and September 30.
Healthcare Energy Efficiency ProgramSpecially designed for small to medium-sized healthcare facilities such as clinics, hospitals, assisted living/nursing care and medical offices. Customized solutions, technical support and cash incentives are offered for efficiency upgrades.
PACE in Texas• 83rd Session: SB 385, Sen. John Carona and Rep. Jim Keffer• The Coalition:
• County Judges and Commissioners Association of Texas• Independent Bankers Association of Texas• Texas Association of Business• Texas Association of Counties• Texas Bankers Association• Texas Building Owners and Managers Association• Texas Combined Heat and Power Initiative• Texas Conference of Urban Counties• Texas Manufactures Association • Texas Municipal League• Texas Renewable Energy Industry Association • US Green Building Council• Dozens of other organizations and companies
• 84th Session: HB 3187, Rep. Keffer• Chapter 399 of the Local Government Code
Lower U t i l i t y C o s t s
I n c r e a s e N e t O p e r a t i n g I n c o m e
B o t t o m L i n e : I n c r e a s e d B u i l d i n g V a l u e
W h a t i s e l i g i b l e f o r P A C E ?
R E P A Y M E N T
L o n g S i m p l e P a y b a c k ? N o P r o b l e m !
“ H a p p i n e s s ”
Barriers PACE Solutions
• Property where the Landlord pays the utility bills• Project involves a $200,000 energy efficiency
retrofit• Annual energy and maintenance savings of
$33,000 (6.1 years simple payback)• The project does not pass the Landlord’s hurdle
rate for investment in energy efficiency• PACE funding available for 20 years at 6.5%.• Conventional Funding for 5 years at 4.5%.
C o m p a r e P A C E t o s e l f - f u n d i n g o r a t r a d i t i o n a l l o a n u s i n g t h i s e x a m p l e :
G r o s s L e a s e S c e n a r i o
C u m u l a t i v e C a s h F l o w C o m p a r i s o n
Local Action
Post Report on how the program will workPass a Resolution of IntentHold a Public HearingAdopt a Resolution Establishing PACE
ProgramSelect an Administrator
“PACE in a Box” is a toolkit of recommendations and templates for local governments to create uniform, user friendly, scalable, and sustainable PACE programs.
PACE is a Win-Win-Win• Property Owners – lower utility bills, energy independence (CHP) energy
efficiency, property value increase• Contractors – source of increase in business, more local hiring, best
practices, keeping up with technology advancements• Lenders – new loans, steady & stable process, fully collateralized, Tax
Assessment lien position, improved asset value• State of Texas – reduced peak demand, improved grid loading,
renewables as source, improved air quality, better water conservation • Communities – increased economic development and jobs, improved
building infrastructure, more appealing building stock
For more information go to: www.KeepingPACEinTexas.org
Stan Stanley – Immediate Past Chairman
