efficiency funding nyrexpo 10/8/2013
TRANSCRIPT
+On Bill
funding for
Energy
Efficiency
Projects
+
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
+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
+ Funding options for efficiency projects
Energy Efficiency
Project
Energy performance contracting
Design/ Build
Programs
On Bill Funding
+
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
+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
+
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
Twitter @natekessman
www.greateasternenergy.com
ONLINE SOLUTION BUILDER