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Commercial Energy RetrofitsSave Energy, Save Money

June 5, 2012

Commercial LoansFaçade

Improvements

Camden

Program Offering Widespread Energy Recovery (POWER)

Commercial

Grants

CamdenPOWER Program

Residential Loans

Commercial Energy RetrofitsSave Energy, Save Money

June 5, 2012

Camden POWER CommercialA Better Buildings Neighborhood Initiative

Agenda

� Introductions

� Performing Smarter Retrofits

� Camden POWER Program

Q&A� Q&A

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Figure prepared by National Renewable Energy Laboratory and the U.S. Department of Energy

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Building Sector vs. Other Sectors

Automobile

Aircraft Systems

Automobile

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Energy Efficiency in Buildings

BuildingCooling Sub

Systems

GlazingSub Systems

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• 22 initial performers

• Research universities

• DOE laboratories

• Industrial firms

• Economic development agencies

An Emergent OrganizationEEB Hub Performers:

The Pennsylvania State UniversityBayer MaterialScienceBen Franklin Technology Partners of SE PACarnegie Mellon UniversityCollegiate ConsortiumDelaware Valley Industrial Resource CenterDrexel UniversityIBM CorporationLawrence Livermore National LaboratoryLutron Electronics, Inc.

• Economic development agencies

• Community and technical

colleges

• Not a closed consortium

• Dynamic association

• Driven by performance

• An emergent organization

Lutron Electronics, Inc.Morgan State UniversityNew Jersey Institute of TechnologyPhiladelphia Industrial Development CorporationPPG IndustriesPrinceton UniversityPurdue UniversityRutgers UniversityUnited Technologies CorporationUniversity of PennsylvaniaUniversity of PittsburghVirginia TechWharton Small Business Development Center 10

OVERALL GOAL:Reduce annual energy use in average size commercial, institutional and multifamily buildings in the region by 20 percent by 2020.

VISION:

Goal, Mission and Vision

VISION: Develop, demonstrate and deploy market proven solutions in the Greater Philadelphia region so that the buildings sector accomplishes its full potential for ongoing energy efficiency.

MISSION: Accomplish the goal through informed people, validated information, and proven technologies.

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EEB Hub Objectives

1. Develop and deploy to the building industry a state-of-the-art modeling platform to integrate design, construction, commissioning, and operation

2. Demonstrate the market viability of integrating energy saving technologies for whole building solutions at the Navy Yard and elsewhere in the region.

3. Identify policies that accelerate market adoption of 3. Identify policies that accelerate market adoption of energy efficient retrofits of commercial buildings and support policy makers in the development of such policies in the Greater Philadelphia region.

4. Inform, train, and educate people who design, own, construct, maintain, or occupy buildings about proven energy saving strategies and technologies

5. Help launch ventures with new and existing companies that will exploit market opportunities for providing whole building energy saving solutions.

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Building 101 Instrumentation Project

� More than energy and IEQ 1500 data points every 60 seconds

� Information displayed on a public dashboard

� Testbed for assessing technologies and systems while holding constant for occupancy, weather and other factors

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Building 661 Retrofit Project

Advanced Energy RetrofitLiving EEB LaboratoryPermanent EEB Hub HQ

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The strategic focus of the Hub is on Advanced Energy Retrofits of existing average size commercial, institutional and multi-family buildings. The goals are to demonstrate transformative integrated building retrofit solutions and methods.

� Test, measure and verify energy efficient Integrated Technology solutions.

EEB Hub Collaborative Demonstrations

� Test, measure and verify energy efficient Integrated Technology solutions.

� Develop and demonstrate Advanced Energy Retrofits scenarios.

� Focus on repeatable building solutions and not one-of-a-kind demonstrations.

� Create opportunistic energy audit strategies and design guidance leveraging existing marketplace activity.

� Opportunities for demonstration of Integrated Technologies will develop over the next several years.

6/18/2012 Slide: 15

Rutgers University Center for Green Building

• Provide information to NJGBM Managing Partners (State Agencies), developers and other stakeholders about policies to increase energy efficiency in commercial (and multifamily) buildings as consistent with EEB Hub goals

• Perform cost-benefit evaluations of pilot incentives/policies as applied to specific commercial retrofit projects; also cost-commercial retrofit projects; also cost-benefit evaluations of green/energy efficient commercial building projects

• Development of a municipal guidance document for NJGBM implementation (will be housed within SJ toolkit for energy efficiency in buildings)

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greenmanual.rutgers.edu

Elements of an Energy Efficient Building Retrofit

• Set goals; Identify Opportunities for Cost Savings

– Conduct Energy Audit (building engineering and financial analyses)

– Create an Action Plan

• ‘RetroCommission’ Existing Building Systems

• Implement ‘Low Cost / No Cost’ Measures

• Evaluate and Prioritize EER Measures

– Select ‘Integrated’ or ‘Staged’ approach � develop plan to match scope of work

– ‘Staged’ approach suits limited budgets, addresses sequential improvements in the order

that reflects influence of one system on another:

‘Load’ based measures (lighting, plug loads, building envelope) � Air & Water

distribution retrofits � Heating & Cooling System retrofits

– ‘Integrated’ approach simultaneously address multiple building elements:

Preferable approach when goals are ambitious; major systems require replacement; or

building is being renovated or repurposed.

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Elements of an Energy Efficient Building Retrofit

• Measurement & Verification

• Continuous Operation & Maintenance

• Positive Outcomes

– Reduced operating cost � improved cash flow

– Improved indoor environmental quality, improved occupant comfort & higher – Improved indoor environmental quality, improved occupant comfort & higher

productivity

– Increased building valuation (improved occupancy rates and increased rental

value)

– Reduced environmental impact of operations

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Thank You

Follow the EEB Hub:

www.eebhub.org/HUBlog

www.facebook.com/eebhwww.facebook.com/eebh

ub

www.twitter.com/eebhub

www.linkedin.com/(?)

info@eebhub.org

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Agenda

� Introductions

� Performing Smarter Retrofits

� Camden POWER Program

Q&A� Q&A

Commercial Loan Program Overview

� Objective: Help Camden businesses conserve energy and reduce utility costs

� Connect to incentives

� New Jersey’s Clean Energy Program

� Façade improvement grants (Camden UEZ)

� Offer low-interest loans

� Revolving loan fund managed by NJCC

Typical Payback Periods

Commercial Energy Conservation Measure

Simple Payback Period (years)

Equipment Life Expectancy

Energy Mgmt. System(replacement)

2 to 6 15

Lighting retrofit & controls

2 to 5 20

Rooftop HVAC(replacement)

9 to 15 20

Windows (replacement)

15 to 50 40

Commercial Loan ProgramFeatures

� Energy assessment

� Connection to energy incentives

� Up to $25,000 in façade improvement � Up to $25,000 in façade improvement grants from the Camden UEZ

� Low-interest loans provided by NJCC

� Fixed rates of 2-5%

� Terms of 1-7 years

Commercial Loan Program Costs

� Initial energy assessment

� $550 loan application fee

� Covers credit check, title, and judgment searches

Commitment fee equal to the greater of 1% of � Commitment fee equal to the greater of 1% of the total loan amount or $500

� Professional fees related to loan origination

� All fees collected at closing

� Can be funded with loan proceeds

How to Apply

� Step 1: Contact NJCC

� Step 2: Participate in Energy Assessment

� Step 3: Review Energy Assessment

� Step 4: Apply for Financing

Q&A