Welcome Home to SavingsRenewable Energy in Subsidized

Multifamily HousingBuilding Revolutionaries

Agenda

ChallengeSolution

One-stop shopSix-step action plan

Hypothetical case-study impact

Conclusion

Challenge

100 MW of renewable energy in federally subsidized housing by 2020

Overcome the split incentiveStreamline financing and installation

process

Solution

• Comprehensive HUD database• Streamlined process• Easy decisions for owner• Hassle- and worry-free financing• Encourages participation• Improves transparency• Establishes trust and relationships

Building Assessment

Energy Audit

One stop

shop

Clean energy

alternatives

Incentives

Financing

Six-Step Action Plan

Eligibility Criteria

Energy Audit

Optimum SolutionsFinancing

Follow-upEducation, Awareness & Outreach

Six-Step Action Plan, continued 2Creation of a comprehensive database for HUD

Multifamily family housing with 40 – 80 units

Eligibility Criteria

Privately OwnedExisting

multifamily unitsHUD

subsidized

Projects not refinancing

40-80 units

>30 years oldNot PHAs (public housing agency)

Six-Step Action Plan, continued 3

Multifamily Inventory of units for the elderly and Persons with Disabilities, CA 2014

Eligibility Criteria

Privately OwnedExisting

multifamily unitsHUD

subsidized

Projects not refinancing

40-80 units

>30 years oldNot PHAs (public housing agency)

Six-Step Action Plan, continued 4

Goal:• Hassle-free decision

making

• Analyze data for

owner

• Offer design

alternatives

• Based on Price

• Based on payback

• Based on project

length

Six-Step Action Plan, continued 5

• Zip code• Climate data

• Available rooftop sq. ft.• (for solar panels)

• Available grounds sq. ft.• (for ground source heat

pumps)• Total # of units• Unit Sizes• Total # occupants

Six-Step Action Plan, continued 6

• Natural Gas Usage data

• Electric Usage data• Water Utility Usage

data

• Party responsible for utility bill:

Living Unit Space heat

Tenant

Owner

Hot Water Tenant

Owner

Electricity Tenant

Owner

Cooking Gas Tenant

Owner

* Assumed owner pays for common area utilities

Six-Step Action Plan, continued 7

• Primary heating fuel• Natural gas• Electric• Other

• Type of Heating System• Central boiler• Individual forced air• Individual electric

• Type of Air Conditioning• Central A/C• Window Units (#:___)• None

Six-Step Action Plan, continued 8

• Energy efficiency rating* of:• Refrigerator/freezer:__• Dishwasher:__• Oven:__• Microwave:__• Interior lights:__

*As listed when new

• Age of:• Refrigerator/freezer:__• Dishwasher:__• Oven:__• Microwave:__• Interior lights:__

Six-Step Action Plan, continued 9

• Hire certified weatherization auditor

• Check for leaks and thermal bridges• Walls• Attic• Basement• Doors• Windows

Optimum Solutions

Strategy:

Money

Time

Scenario 1

Scenario 2

Scenario 3

Scenario 4

Optimum Solutions, continued 2

Solar energy

Ground source heat pump

Weatherization

Additional renewable energy?Future

solution?

Optimum Solutions, continued 3

On Bill Repayment (OBR)+ Incentives+ Policies Provides upfront costs

Flexibility Public vs. Private Loan vs. tariff

Win – win situation for all

Optimum Solutions, continued 4

Avoid bill neutrality

Six-Step Action Plan, continued 10

Compare utility bills pre- and post- clean energy project installation

Verify that money is being saved so bills can be paid

Provision of reserve funding for projects not realizing expected savings

Six-Step Action Plan, continued 11Partner with local building owner

and manager associationsForm local advisory committees

Free on-site assessmentsMultiple pathways for

participationOwners use HUD websiteHUD contacts owners

Multiple pathways for executionPrescriptive rebates vs.

performance-based incentivesVariable program intensityFast-tracking smaller projects

Hypothetical Case study

Project Details:Location: Fresno, CaUnits:61Area(rooftop): 15,000 sq. ft.

Amount Timeline

$5000 (min)

3yrs

100,000 (max)

6yrs

Hypothetical Case study

Project Information Multifamily housing

Project cost $80,000

Rebates/Incentives amount $27,000

Financeable amount $53,000

Estimated Energy Production

15kW

Estimated Monthly Electricity Cost Savings

$740

Monthly debt repayment $737

Months to Fully repay loan 72 (6 years)Source: http://www.solarenergy.org/solar-calculator

Hypothetical Case study, continued 2

Potential renewable energy production• 15kW/61 units• 6 MW for California alone

Conclusion

One-stop shop

Six-step process

Customizable projects

Simplified decisions

Savings for all parties