Slide 1

Welcome Home to Savings Renewable Energy in Subsidized Multifamily Housing Building Revolutionaries

Slide 2

Agenda Challenge Solution One-stop shop Six-step action plan Hypothetical case-study impact Conclusion

Slide 3

Challenge 100 MW of renewable energy in federally subsidized housing by 2020 Overcome the split incentive Streamline financing and installation process

Slide 4

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

Slide 5

Six-Step Action Plan Eligibility Criteria Energy Audit Optimum Solutions Financing Follow- up Education, Awareness & Outreach

Slide 6

Six-Step Action Plan, continued 2 Creation of a comprehensive database for HUD Multifamily family housing with 40 80 units Eligibility Criteria Privately Owned Existing multifamily units HUD subsidized Projects not refinancing 40-80 units >30 years old Not PHAs (public housing agency)

Slide 7

Six-Step Action Plan, continued 3 Multifamily Inventory of units for the elderly and Persons with Disabilities, CA 2014 Eligibility Criteria Privately Owned Existing multifamily units HUD subsidized Projects not refinancing 40-80 units >30 years old Not PHAs (public housing agency)

Slide 8

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

Slide 9

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

Slide 10

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

Slide 11

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

Slide 12

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:__

Slide 13

Six-Step Action Plan, continued 9 Hire certified weatherization auditor Check for leaks and thermal bridges Walls Attic Basement Doors Windows

Slide 14

Optimum Solutions Strategy: Money Time Scenario 1Scenario 2 Scenario 3Scenario 4

Slide 15

Optimum Solutions, continued 2 Solar energy Ground source heat pump Weatherization Additional renewable energy? Future solution?

Slide 16

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

Slide 17

Optimum Solutions, continued 4 Avoid bill neutrality

Slide 18

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

Slide 19

Six-Step Action Plan, continued 11 Partner with local building owner and manager associations Form local advisory committees Free on-site assessments Multiple pathways for participation Owners use HUD website HUD contacts owners Multiple pathways for execution Prescriptive rebates vs. performance-based incentives Variable program intensity Fast-tracking smaller projects

Slide 20

Hypothetical Case study Project Details: Location: Fresno, Ca Units:61 Area(rooftop): 15,000 sq. ft. AmountTimeline $5000 (min)3yrs 100,000 (max)6yrs Hypothetical Case study Project InformationMultifamily housing Project cost$80,000 Rebates/Incentives amount$27,000 Financeable amount$53,000 Estimated Energy Production15kW Estimated Monthly Electricity Cost Savings $740 Monthly debt repayment$737 Months to Fully repay loan72 (6 years) Source: http://www.solarenergy.org/solar-calculatorhttp://www.solarenergy.org/solar-calculator

Slide 21

Hypothetical Case study, continued 2 Potential renewable energy production 15kW/61 units 6 MW for California alone

Slide 22

Conclusion One-stop shop Six-step process Customizable projects Simplified decisions Savings for all parties