belay healthcare case study
TRANSCRIPT
B E L AYE N E R GY. COM
BELAY ENERGY MAKES BETTER FACILITIES POSSIBLE.Belay Energy helps real estate owners and managers realize the potential of their facility or portfolio by offering customized, unbiased solutions for building performance improvements that reduce operating costs through utility efficiency projects and risk mitigation strategies.
A detailed assessment to identify all opportunities and risks in order to develop a holistic understanding of each building and your portfolio as a whole is the foundation of every new relationship.
WE REVEAL POTENTIAL TO HELP YOU REALIZE PROFITS.Our holistic approach looks at a building or portfolio as a whole and listens to your needs before ever recommending anything. Belay Energy gets to know our clients by taking time to understand what has been completed, what projects are in progress, and your goals for the future.
We provide unbiased strategy and contractor recommendations that are tailored to fit each facility and reach your portfolio goals. Through our seamless execution and after measuring our results, we know you will consider Belay Energy to be a trusted resource.
From assessments, to implementation, to ongoing strategy development and everything in between, Belay Energy can help.
ABOUT US
SINGLE POINT OF CONTACT
MEASURE RESULTS
• 1-YEAR REVIEW• NEXT STEPS
IMPLEMENT• COORDINATE INSTALLATION
• MANAGE PAYMENTS
PROJECT SELECTION
• FINALIZE SCOPE• CONFIRM PRICING
STRATEGY DEVELOPMENT
• FACILITY ASSESSMENT• PROJECT
RECOMMENDATION
PROSPECT PHASEUNDERSTAND CLIENTS:
* PORTFOLIO OF PROPERTIES
* NEEDS AND GOALS
THE PHASED APPROACH
RYAN LEE ANDERSONPRINCIPAL
Ryan founded Belay Energy based on personal experience and motivation to help change the real estate industry; which he deems antiquated. After diving into the sustainability movement and his previous experience managing real estate holdings for his family business, Ryan’s vision for the company is to help change the way the industry thinks about real estate strategy and implementing building efficiency.
ELLIOT D. ZISMERFINANCE LEAD
Elliot has a MS in Real Estate Development from the University of Denver. Elliot’s approach to real estate strategies is to help his clients focus on what they do and less on where they do it. Most notably, Elliot has a career-long passion and specialization within the medical real estate industry including previous positions with Health Care REIT and Frauenshuh Health Care Real Estate Development. In his role at Belay Energy, Elliot works with facilities to structure efficiency upgrade strategies into financially feasible solutions that ultimately help each facility devote more resources to running the overall business.
REECE PETERSONENGINEERING LEAD
Reece has a MS in Mechanical Engineering from the University of Minnesota and cut his engineering teeth at companies such as Harris Companies, Accenture, Heraeus Medical Components, Eaton, and Graco. Reece’s passion for developing and advancing building infrastructure led him to Belay Energy where he oversees all the technical aspects of client projects ranging from building assessments and project coordination to energy analysis and everything in between.
KEY PERSONNEL
BENEDICTINE HEALTH SYSTEM ENERGY EFFICIENCY PROJECT
YE A R O N E C A S E S T U DY | MAY 2014
December 1, 2014
This letter is in appreciation for the exceptional work done by Belay Energy. Like many other healthcare organizations, we face challenges with our facilities every day. I’m happy to say that because of Belay, BHS was able to implement projects that improved our bottom line and allowed us to allocate budgets normally earmarked for utilities, mechanical projects, and repairs to programs and personnel that provide additional care and services to our residents; ultimately impacting the quality of life for everyone within our organization.
On behalf of myself and the team of folks at BHS that you have worked with, we would like to emphatically thank you for going above and beyond to help our properties reach their fullest potential. Because of all this, I look forward to continuing to work with Belay for years to come.
Sincerely,
Rocky ChapinPresident & CEOBenedictine Health System
TESTIMONIAL
GOALS:
Identify and implement opportunities to reduce utility and operating costs with energy efficiency investments
Identify risks to facility operations
Identify, source, and install projects in order to maximize diminishing utility rebates
Projects must realize a simple payback of less than five (5) years
SCOPE:
Lighting retrofits installed in 21 facilities
Water retrofits installed in 13 facilities
Mitigated mechanical risks and implemented cost reduction strategies at three (3) facilities
MN FACILITIES WITH PROJECTS INSTALLED
PROJECT SUMMARY
34% 30% 29% 5%$800,000
Annual Utility Savings*
Mechanical Strategy Savings
Utility Rebates
Negotiated Contractor Discounts
Contracted Utility Savings 2%**
* Measured Savings represented are realized annually** Cost offset by cancellation of fixed price gas purchasing All numbers are inclusive of fees to Belay Energy
ANNUAL UTILITY SAVINGS
Gross Total Project Cost $1,224,625
Total Utility Rebates ($232,712)
Net Total Project Cost $991,913
Annual Utility Savings $274,662
Payback (yrs) 3.61
10 yr Estimated Net Cash Flow $2,156,779
Year 1 Cash on Cash Return 28%
Internal Rate of Return (IRR) 27%
Net Present Value (NPV) @ 8% $1,081,822
TOTAL COST AVOIDED YEAR ONE
FINANCIAL RESULTS
34% 30% 29% 5%$800,000
Annual Utility Savings*
Mechanical Strategy Savings
Utility Rebates
Negotiated Contractor Discounts
Contracted Utility Savings 2%**
* Measured Savings represented are realized annually** Cost offset by cancellation of fixed price gas purchasing All numbers are inclusive of fees to Belay Energy
MECHANICAL STRATEGY SAVINGS
Original Quote to Replace Equipment $517,700
Alternative Strategy Developed $274,420
Savings Realized $243,280
TOTAL COSTS AVOIDED
FINANCIAL RESULTS
Water usage of 571 Minnesota households for one year
Emissions produced by the electricity used in 140 Minnesota homes for one year
Carbon reduced by planting 26,061 tree seedlings grown for 10 years
Emissions produced by 214 passenger vehicles for one year
ENVIRONMENTAL BENEFITS
* Equivalent water measure based on 14.5 million gallons saved and conversion rate of household water usage supplied by Minneapolis Public Works* Equivalent electricity measures based on 1.47 million kwh saved and conversion rates supplied by Environmental Protection Agency (EPA)
B E L AYE N E R GY. C O M
C O N T A C T I N F O R M A T I O N :
RYAN LEE ANDERSONPrincipal
612 802 4287 mobile