efficiency funding nyrexpo 10/8/2013

7
+ On Bill funding for Energy Efficiency Projects

Upload: nate-kessman

Post on 22-Jan-2018

202 views

Category:

Technology


1 download

TRANSCRIPT

Page 1: Efficiency Funding NYREXPO 10/8/2013

+On Bill

funding for

Energy

Efficiency

Projects

Page 2: Efficiency Funding NYREXPO 10/8/2013

+

Energy efficiency in the forefront

An increasing number of facilities are looking to Energy

Efficiency programs in order to help reduce costs and attain

sustainability goals

NYC Clean Heat Laws are placing focus on cleaner burning

fuels & Oil to Gas Conversions

LL 84 & 87 are asking that energy use be documented and

improvements be implemented

Improved Efficiency equals reduction in cost and improved

sustainability for all

Page 3: Efficiency Funding NYREXPO 10/8/2013

+Implementation can prove

challenging

In addition to internal political issues, lack of perceived value

and lack of urgency

Small to medium sized companies often lack in house

resources and technical expertise to design and implement a

SUCCESSFUL energy efficiency project

The TOP TWO barriers to progressing on efficiency initiatives

are

Absence of capital funding

Length of payback period

Page 4: Efficiency Funding NYREXPO 10/8/2013

+ Funding options for efficiency projects

Energy Efficiency

Project

Energy performance contracting

Design/ Build

Programs

On Bill Funding

Page 5: Efficiency Funding NYREXPO 10/8/2013

+

Enter “On-Bill Funding”

Energy efficiency upgrades are incorporated into commodity

cost

Utilizes existing energy budget to more easily realize cost

savings

Requires no capital and utilizes resources and expertise from

the company (ESCO) funding the project

Typical payback is 3-5 years

Page 6: Efficiency Funding NYREXPO 10/8/2013

+Review of “On Bill” funding

Can be used for any energy efficiency upgrade such as:

lighting, HVAC, Oil to Gas conversions, Controls, VFD’s, etc.

No upfront capital or financing is needed (credit review)

Reductions in greenhouse gas emissions are realized through

reduced usage

Cost is embedded in commodity rate either gas or electric and

billed as one charge on utility bill

Energy improvements remain in place after funding is paid

back

Page 7: Efficiency Funding NYREXPO 10/8/2013

+

Thank You

To learn more about this

program or to be paired with

an energy advisor please visit

our website.

Nate Kessman

VP Business Development

Great Eastern Energy

718-648-0900

[email protected]

Twitter @natekessman

LinkedIN

www.greateasternenergy.com

ONLINE SOLUTION BUILDER