greenolution welcome to home savings: distributed generation in multifamily housing

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Greenolution Welcome to Home Savings: Distributed Generation in Multifamily Housing

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Page 1: Greenolution Welcome to Home Savings: Distributed Generation in Multifamily Housing

Greenolution

Welcome to Home Savings:

Distributed Generation in Multifamily Housing

Page 2: Greenolution Welcome to Home Savings: Distributed Generation in Multifamily Housing

Team GreenolutionThomas Luginbill 1st Year MBAGreen Energy Contractor

Deotima Gangopadhyay 1st Year Full Time MBA

Eric Wrigley1st Year Full Time MBA

Full Team:Swapna Arora Brandon Burgess

Ashish Paul Joe Cohen Rodrigo Velasquez

Page 3: Greenolution Welcome to Home Savings: Distributed Generation in Multifamily Housing

Background• HUD’s mandate to provide affordable homes to

low-income housing

• Optimize solutions for energy usage with 3 pillars:– Technology– Financing– Customer awareness

Page 4: Greenolution Welcome to Home Savings: Distributed Generation in Multifamily Housing

Three PillarsTechnology

● Portfolio approach

● National, Regional, Building.

Financing

● Approval process optimization

● Equity market utilization

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Customer Awareness

● Tech. based programs

● HUD spons. education programs

Page 5: Greenolution Welcome to Home Savings: Distributed Generation in Multifamily Housing

First Pillar: Technology• Nation-wide measures

• Utilize current and readily-affordable technology

• Incentivize peak-time energy consumption reduction

Page 6: Greenolution Welcome to Home Savings: Distributed Generation in Multifamily Housing

First Pillar: Technology

PJM & Regional InnovationDistributed Generation Mapping System

Use real-time data to predict demand/supply cycles within the

Power-Grid

D.G. Causes Volatility

Wind & Solar only work on mother nature’s schedule –

making these sources unpredictable.

Page 7: Greenolution Welcome to Home Savings: Distributed Generation in Multifamily Housing

First Pillar: Technology• Multi-Unit Building Measures

• VFD installations/ retrofitting• Virtual Energy Management system

Solar water heatersCommunity Renewables D.C. Passed “A20-0186” Spearheaded by

DCSUN

Page 8: Greenolution Welcome to Home Savings: Distributed Generation in Multifamily Housing

Second Pillar: Financing

Processing and Pre-Approval process• HUD Centralized Project registration

Project seeking HUD or FHA assistance will register their project with HUD

• Automated approval process Checklist of pre-approved technologies based on current standards

• Priority funding For multi-family community projects

Page 9: Greenolution Welcome to Home Savings: Distributed Generation in Multifamily Housing

Second Pillar: Financing● Public-private equity financing

– Alternative financing » Mosaic Solar» Sun Funder

– Cooperatives» Community members-investors

– Cohesion funding» Local government budget» Budget management at local level

Page 10: Greenolution Welcome to Home Savings: Distributed Generation in Multifamily Housing

Third Pillar: Customer Awareness

• Encourage owner partnership with HUD • HUD approved lender list • Grants for ‘Energy audits’

• Encourage community involvement • Educational: community workshops,

newsletters • Web-based energy calculators: Home

energy saver

Page 11: Greenolution Welcome to Home Savings: Distributed Generation in Multifamily Housing

HUD Subsidies/Calc. Methodologies

• Types of meters– Master, check, individual

• Recommended adjustments– Check

• Tiered rate system– Individual

• Alter allowances per consumption level– Partnership with energy tracking firms

• OPower, Google Nest– Geostellar/Quicksolar.com

• Solar calculator tool’s

Page 12: Greenolution Welcome to Home Savings: Distributed Generation in Multifamily Housing

Conclusion

Efficient technology Easier financing options Better customer awareness

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Page 13: Greenolution Welcome to Home Savings: Distributed Generation in Multifamily Housing

Thank you

Welcome to Home Savings:

Distributed Generation in Multifamily Housing