P R E S E N T S

…and a great class!

Continuing Education Providers are subject to audit by the State of Connecticut

Please:Mute your cell phone

Use electronic devices judiciously

Remain in attendance until the end of the class (or we can’t issue your credits)

Thank you!

Your Credits….Are submitted electronically to the State of Connecticut by Tiger Real Estate School

Tiger Real Estate School will email you a Certificate of Completion within 14 days

Please make sure we don’t land in “spam” and be sure to save your Certificate where you can find it

There is a $25.00 fee to reissue a Certificate

Smart Energy Agenda Updates for existing homes

Why is this information importantConnecticut Initiatives/Energize ConnecticutStatisticsQuantifiable Rating SystemsConnecticut InitiativesRenewable Energy Options

ResourcesYou don’t need to know everythingJust where to find the info, when you do need it!!

Why is this information important?

Rising energy costsHeightened consumer awarenessResponsible building practicesMoral and economic imperativeEnhanced/emerging technologies are

less expensive and more readily available

State and federal guidelines/initiatives

Why are we here today??

1. To talk about Energy conservation initiatives specific to Connecticut

2. To discuss how these initiatives will be helpful to you and your clients

3. To understand how energy conservation is going to impact the future of Real Estate transactions

Glossary &Definitions

It’s all pretty confusing!

please refer to Glossary Handout

as we proceed through class

Are You Ready?? How much energy do you conserve?

What electronic device(s) consume(s) the most power when in stand by mode?

TVMultifunction printerLaptop computerDVR with digital cable box

Each lightbulb you replace with a compact flourescent (CFL) will save you how much money over its lifetime?

$0$1$3$5

True or False: Caulking your windows and doors is the easiest way to save energy?

True

False

How much energy could a tankless water heater save?

10%20%30%40%

True or False: Most of the energy consumed by dishwashers and washing machines is for moving parts?

TrueFalse

Connecticut Agencies/Initiatives

www.energizect.com

One stop shopping

Will provide links to everything you need!

Smart Solutions to update existing homes…

Energize Connecticut is an initiative dedicated to empowering Connecticut citizens to make smart energy choices, now and in the future

It is an initiative of the: Connecticut Energy Efficiency FundGreen Bank State of CT(DEEP)Local electric and gas utilities

The initiative has funding support from a charge on customer energy bills.

What is Energize CT?

What is CEEF?

The Connecticut Energy Efficiency Fund (CEEF)

Works to advance the efficient use of energy; reduce air pollution and negative environmental impacts; and promote economic development and energy security

Supported by all Eversource and United Illuminating customers on their

electricity bills through the Combined Public Benefits Charge

Supported by Connecticut Natural Gas, Southern Connecticut Gas Company and Eversource customers through a conservation charge included in their rates

About the Connecticut Green Bank

The Connecticut Green Bank was established by Connecticut’s General Assembly on July 1, 2011 as a part of Public Act 11-80

The Green Bank’s mission is to lead the green bank movement by

accelerating private investment in clean energy deployment within Connecticut and to achieve economic prosperity, job creation and energy security throughout the state

The organization leverages public and private funds to drive investment

and scale-up clean energy deployment in Connecticut

formerly the Clean Energy Finance and Investment Authority (CEFIA)

Smart E Loans Cozy Home Loan

Offer long-term, low-interest financing to help upgrade home energy performance

Through a local lender

Finance almost any energy improvement that cuts energy costs or produces clean energy on property

The Cozy Home Loan is a 10-year, 2.99% APR loan (for 1 to 4 unit owner-occupied homes)

Qualifying homeowners can combine the Cozy Home Loan, state rebates and federal tax credits to complete home energy upgrades and save money

Connecticut Green Bank

What is DEEP?The Connecticut Department of Energy and Environmental Protection

(created in July 2011)The DEEP is organized into three main branches

The Energy Branch includes PURA (Public Utilities Regulatory

Authority) and Bureau of Energy and Technology Policy (develops forward-looking energy efficiency, infrastructure and alternative power programs)

The Environmental Quality Branch is comprised of the Bureaus of Air Management, Materials Management and Compliance Assurance, and Water Protection and Land Reuse

What is DEEP?

The Environmental Conservation Branch consists of two bureaus

The Bureau of Natural Resources - charged with managing the state’s natural resources (particularly fish, wildlife, and forests) through a program of regulation, management, research, and public education

The Bureau of Outdoor Recreation charged with the conservation and management of statewide recreation lands and resources through the acquisition of open space and the management of resources, including state parks, to meet the outdoor recreation needs of the public. 

The Office of the Commissioner provides administrative management, staff assistance, and ancillary service to aid the Commissioner and Bureau Chiefs

EPA DOE Environmental Protection

Agency The mission of EPA is to protect

human health and the environment

ENERGY STAR is a government-backed program devoted to helping businesses and individuals protect the environment through superior energy efficiency

Department of Energy The mission of the Energy

Department is to ensure America’s security and prosperity by addressing its energy, environmental and nuclear challenges through transformative science and technology solutions

DOE is source for boiler/furnace information

Federal Agencies

Every effort has been made to bring you the most recent data and information

Please check our cited sources for additional information

Connecticut Housing Characteristic Study

Commissioned by DEEP & EEB in 2013(Department of Energy & Environmental Protection/Energy Efficiency Board)

Approximately 925,000 single family housing units63% built prior to 1970, only 10% have been renovated

18% Built 1939 or earlier8% 1940-194921% 1950-195916% 1960-196912% 1970-197910% 1980-1989

http://www.energizect.comHousing characteristic study

CT DEEP GOALS 2013 Statistics

2013 Comprehensive energy strategy

80% weatherization by 2030

Convert 300,000 oil users to gas within 10 years

In 2014 there were 19,877 conversions

71% of single family homes in CT heat with oil

(a/o August ‘15 – 58%)22% natural gas

6% electric

The past, the present and the future…

Connecticut EnergyFACTS:

The price of electricity is the third highest in the nation

The price of natural gas is the 10th highest in the nation

The annual cost of electricity in Connecticut is ranked 49th out of 51 (only Alaska and Hawaii are more expensive)

Source: Electric Data Browser (a/o April 2015)(http://www.eia.gov/electricity/data/browser/) Energy Information Administration, Washington, DC.

September 2014

Average electric bill in Connecticut $165.20

Average electric bill in Hartford $129.86Average electric bill in New Haven $176.31Average electric bill in Stamford $170.96

Source: calc.myenergy.com

March 2015

Average Electric Bill in Connecticut $209.73

Average Electric Bill in Hartford $159.32Average Electric Bill in New Haven $175.93Average Electric Bill in Stamford $204.37

Source: calc.myenergy.com

July 2015

Average Electric Bill in Connecticut $215.03

Average Electric Bill in Hartford $182.08Average Electric Bill in New Haven $236.02Average Electric Bill in Stamford $201.66

Source: calc.myenergy.com

What is PURA?Public Utilities Regulatory AuthorityStatutorily charged with regulating the rates and

services of Connecticut's electricity natural gas water telecommunication companies cable television companies

PURA balances the public’s right to safe, adequate and reliable utility service at reasonable rates with the provider’s right to a reasonable return on its investment

PURA replaces the former Department of Public Utility Control (DPUC)

Eversource (cents/kwh)2014

Residential rate

Jan-June 9.235

July-Dec 9.990

2015Residential rate

Jan-June 12.629

July-Dec 8.228

Source: PURA (Public Utility Regulatory Authority)Standard Service rates for July-December were approved on May 8, 2015

These figures are averages of peak/non peak ratesPeak hours are noon – 8PM weekdays

United Illuminating (cents/kwh)2014

Residential rate

Jan-June 9.0041

July-Dec 8.6657

2015Residential rate

Jan-June 13.3524

July-Dec 9.1241

Source: PURA (Public Utility Regulatory Authority)Standard Service rates for July-December were approved on May 8, 2015

These figures are averages of peak/non peak ratesPeak hours are noon – 8PM weekdays

Source: Energy Information Agency (EIA),

One Year Annual Fuel Cost in the Northeast (average)

Natural Gas

Fuel Oil

Propane

GeothermalHeat Pump

Heat Pump

Mini SplitHeat Pump

Electric Heat

Wood Pellet

Source: Department of EnergyNational Averages 2014

Are the transaction managerYour clients expect you to provide direction and guidance so that they may make informed decisionsCan help your buyers save money and improve their lifestyleCan help your sellers market their home more quickly and effectively

Our objective today, is to give you information and resources that will provide you, and in turn your client, with a greater understanding of current energy efficiencies for existing homes.

you!can help your clients become aware of the possibilities

Case StudyMeet The Silvers…

Newly marriedWork - Fairfield CountyAdvanced skill setSophisticated buyersFairfield CT

Tara & Ethan

80 year old homeLoved the bones/locationNo updatesNeeded complete gutting Wanted energy efficienciesReduce costsResponsible building practices

Under contract 2013

SolutionMake existing building and mechanicals as

efficient as possibleWeatherization

Plug air leaksWeather stripExtra Insulation

HVACDuctworkWater Heating/Low flow usage

Whether it's called an "audit" or a "checkup" an energy assessment can:

Pinpoint where your house is losing energy

Determine if your heating and cooling systems are operating efficiently

Show you ways to save energy and make your home more comfortable

Identify improvements that will save you the most money

PleaseRefer to yourHandout

What is an Energy Assessment?

SolutionINSULATION is one of the most important building components materials to improve energy efficiency and lower utility costs

$25,000 Smart E-loanThrough local bankCEFIA (Green bank) Can finance anything

that saves or generates energy

Silver’s installedspray foam insulation

Fiberglass/Cellulose Spray foam

Approximately $1.50 - $2.00

per square foot

$6.00 - $7.00 per square foot

R49 Standard Insulation Costs

$25,000 CEEF LoanCT Energy Efficiency

Fund and UINew windows

New Heating and Cooling

Gas conversion

HVAC will be covered in depth after the break

$25,000 Smart E-loan

New Tankless Water HeaterAnd here’s how it works…

T(h)ankless Hot Water Heater

AFTER BEFORE

Tara & Ethan

Before

B R E A KB R E A K

15 MINUTE15 MINUTE

2014 – 2016 (3) Credit Continuing Education Courses

Don’t Let Water Intrusion Sink Your Deal! Smart Energy Updates for Existing Homes Innovation in Sustainable Housing – Green Building Best PracticesThis Old Connecticut House Minimize Your Risk, Maximize Your Earnings Environmental Issues – Evolution to Resolution What to Expect When We’re Inspecting! Mold to Sold! Residential Building Practices

Your Opinion Matters….

Before the end of class, please take a moment to complete our evaluation form…

How to determine energy efficiency in an existing dwelling

•Energy Star EPA•HERS (Home Energy Rating System)•My Energy Consultant DOE (Eversource only)

Energy Star established 1992

ENERGY STAR is a U.S. Environmental Protection Agency voluntary program that helps businesses and individuals save money and

protect our climate through superior energy efficiency

In order to earn the label, ENERGY STAR products must be third-party certified, based on testing in EPA-recognized laboratories

In addition to up-front testing, a percentage of all ENERGY STAR products are subject to "off–the–shelf" verification testing each year

The goal of this testing is to ensure that changes or variations in the manufacturing process do not undermine a product's qualification with ENERGY STAR requirements

Energy Star ProductsAppliancesHeating & CoolingOffice EquipmentBuilding ProductsElectronicsLighting & FansWater HeatersPool Pumps

2015 top ratings: https://www.energystar.gov/index.cfm?c=most_efficient.me_index

Assess the energy efficiency of your home and see how it measures up:

EPA's Home Energy Yardstick provides a simple assessment of your home's annual energy use compared to similar homes

Answer a few basic questions about your home and receive a Yardstick score (on a scale of 0 to 10)

Insights into how much of your home's energy use is related to heating and cooling versus other everyday uses like appliances, lighting, and hot water

Links to guidance from ENERGY STAR on how to increase your home's score, improve comfort, and lower utility bills

An estimate of your home's annual carbon emissions

My Energy Consultant

Eversource onlyUS Department of Energy programwww.eversource.com

“My Energy Consultant is an exciting new tool available to Eversource customers that will provide

energy information and resources specifically customized to you”

HERS

Home Energy Rating System

Established RESNET

HERS INDEX

What is a Life Cycle Assessment?

SolutionReplace HVAC And/Or Water Heating With High-

efficiency Or Renewable Energy EquipmentHigh efficiency natural gas hot water heatingEnergy Star heat pump water heaterHigh efficiency natural gas furnaceEnergy Star central airDuctless split heat pump

Residential solar (renewable)Geothermal (renewable)

Financing, discounts, rebate options are available – please check Energize CT

April 2015 Water Heater Guidelines

National Appliance Energy Conservation Act (NAECA) administered by DOE

All manufacturers of water heaters that are sold in the US must conform their equipment to new energy efficiency standards

Applies to all residential, gas, propane, and electric water heaters

Mandatory increase of 3% – 30% greater efficiency vs. current models

High Efficiency Natural Gas Hot Water Heaters

Tankless - Tankless water heaters provide a continuous flow of hot water, on demand

ENERGY STAR-certified Standalone Storage Tank gas water heaters

ENERGY STAR Condensing Storage Tanks with a TE of 0.95 or greater (have better insulation, heat traps, and more efficient burners than standard models. Modest impact on price but increase efficiency by about 7.5%)

Energy Star Heat Pump Water Heater

Pulls heat from the surrounding air and transfers it – at a higher temperature – into the tank to heat water

One of the most energy-efficient water heating systems 25 to 50 percent savings on electric water heating costs Dehumidify damp spaces such as a basement

Here’s how they work…

Condensing Water Heater

High Efficiency Gas Furnace

A furnace or boiler's efficiency is measured by annual fuel utilization efficiency (AFUE) which tells you what percent of fuel is converted to useful heat for your home

The higher the AFUE, the more heat you get for your heating dollar

Older furnace and boiler systems have efficiencies in the range of 56 to 70 percent

High-efficiency heating systems achieve efficiencies as high as 97 percent, converting nearly all the fuel to useful heat for your home

Please visit EnergizeCT for link to US Dept of Energy

Energy Star Air Conditioning

An ENERGY STAR-certified central air conditioner is 15 percent more efficient than a standard system (SEER rating)

Quality Installation and Verification (QIV)

Program. In addition to a list of qualified contractors, the QIV program offers additional rebates of $100 to $500 for qualifying systems

Please visit Energize CT for more info

Differentiating High Efficiency HVAC Systems

A split HVAC system - multiple sectionsIndoor coil section in the ductworkOutdoor coil section (compressor/condenser) installed on the outside of

the homeInside the home (attic, basement, closet) there may be a combined fan

and air conditioning coil in one box or separate coil and fan sections which can house a gas or oil heating furnace

Package system contains all components in one box (compressor, condenser, fan) typically found installed outside the home, in some cases on the roof and ducted into the home

Please visit Energize CT – referral to AHRI Directory(Air Conditioning, Heating and Refrigeration Institute)

How Heat Recovery Ventilators Work

Improve Air Quality Duct Configuration

Heat Recovery Ventilation (HRV)

Ductless Split Heat Pump A ductless heat pump, also known as a mini-split heat pump - highly efficient

heating and cooling system, operates at a fraction of the cost of baseboards and wall heaters – good for additions

During heating season, ductless heat pumps draw heat from outside air and move it inside. Tap into existing heat in the air, use less electricity to keep your home at a comfortable temperature. In the summer, extract heat from the air inside home and move it outside to provide cooling

Ductless heat pumps have three main parts:An indoor unit that mounts on the wall or ceiling An outdoor unit that typically sits on the ground A remote control that operates the inside unit

Invasive ductwork isn’t necessary, installation is easy, inexpensive and less disruptive

Please visit Energize CT

Two Configurations for AC or Heat Pumps

Ductless Mini Split Heat Pump

Let’s take a look at a Case Study…

Case Study

SolutionChoose Energy

Efficient Lighting

The new lighting standard – no more incandescent light bulbs

100, 75, 60, 40 watt

Please refer to your handout

SolutionUpdate Appliances

to Energy Star qualified products

Cost/Year How much electricity do your appliances use?

Energy Guide

SolutionInstall a programmable thermostat

Did you know? Homeowners can save about $180 a year by properly setting their programmable thermostats and maintaining those settings

(source: EPA)

SolutionReplace Windows

http://www.efficientwindows.org/factsheets_existing/Connecticut.pdfMust comply with energy codeEnergy Star certifiedLook for NFRC (National Fenestration Rating Council) labelEnsure proper installation

Energy efficient windows are rated according to their "r" value A higher r-value means higher resistance to heat flowThe cost of the window will increase based on the higher r-valueTypically, windows will range from $250 to $1,000 each

One Minute Break – Your Opinion Matters….

Please take a moment to complete our evaluation form…

Renewable Energy

Residential Solar

Residential Solar Hot Water

Geothermal Heat Pump

SolutionWater Heating With Solar

Uses sunlight to provide hot water Two or three solar collector panels are mounted on roof Sunlight heats an antifreeze solution circulating through the panels, which is then pumped to a heat exchanger The solution’s heat is transferred to water tank Will meet up to 80% of household’s hot water

Financing, discounts, rebate options are available – please check Energize CT

Case Study – Laird/Whitfield

About The Project

Location: Plainville, CT Building Type: One-story Ranch Building Size: 1,190 sq ft Year Built: 1955 Project: 18 Solar Panels CEFIA Financing: CT Solar Lease Annual Energy Cost Savings: $942 Estimated Solar Panel Energy Production:

5,886 kWh/year Approximate Total Home Energy Usage:

6,211 kWh/year

Case Study – Laird/Whitfield

Go Solar Connecticut

More than 12,800 Connecticut homeowners have invested in solar panels to date (a/o June 2015)

The Connecticut Green Bank’s Go Solar Connecticut initiative is to support the rapid expansion of solar with a suite of homeowner resources, including education, qualified installers, and financing.

Case Study – The Stout’s

About The Project Location: Newtown, CT Building Type: Two-story Colonial Building Size: 2,618 sq ft Year Built: 1967 Project: 40 Solar Panels Total Project Cost: $33,000 CEFIA Financing: CT Solar Loan Annual Energy Cost Savings: $1,958 Estimated Solar Panel Energy Production:

12,238 kWh/year Approximate Total Home Energy Usage:

17,713 kWh/year

The Stout’s

1) Submit an application for the energy audit through your local utility company

2) Receive an energy audit by a program qualified contractor

3) Utilize the hes workbook from your energy audit to develop your home energy solutions plan

4) Implement your home energy solutions plan on your timeline

Home Energy Solutions Core Services Process

Home Energy Solutions Case Study

The Clients long-term Goal was to

“Go Solar” in the most

cost-effective way possible

Plan was to include:

1.Adding Heat Pump/Central Air Conditioning to The Home

2.Reducing Reliance on Fossil Fuels by Sizing the System for 100% of Electrical Usage

3.Making Long-term Investments to offset Future Energy Costs

Home Energy Solutions Case Study

Existing House Has Hot Water Oil Fired Heating

Homeowners Currently using Window Air Conditioners

Home Has Very Good Solar Orientation

Home is Twelve Years Old

Energy Audit recommended Minor Air Sealing and Attic Insulation Upgrades

Adding Split Ductless Heat Pump System

Goal is to Offset Seasonal use of Oil Fired Hot

Water Heating

1. Use Heat Pump as Primary Heating and Cooling Beginning in March and Through November Annually

2. Anticipated Heating Oil Reduction 150 – 200 Gallons Annually

(Savings will be variable, estimated at $400 - $800 annually in todays’ dollars)

Preparing For The Solar Array Installation

Solar Preparation Included:

1.Cut Down Four Pine Trees (Necessary for optimizing solar system performance)

2.Replacing the Roof (Option done at the owners preference to avoid future expense)

3.Heat Pump to add Central Air Conditioning and to Offset Fossil Fuel Consumption Seasonally

Preparing For The Solar Array Installation

Costs to Go Solar:

Energy Audit $99.00Tree Removal $1500.00Roof Upgrades $2800.00Heat Pump $5800.00Solar Array $13600.00Total Investment Made $23799.00HE Loan @ 3.75% for Ten Years @ $250.15 Per MonthROI Estimate is Just Under Ten Years at the Current Cost of Electricity and Heating Oil

Basic Solar Process

Necessary Components Illustrated Components

Basic Solar Process

Annual Solar Radiation Levels

Solar Array Rail & Micro Inverter Installation

Electrical Connections for Panels and System

Micro Inverter For Each PanelMain Power Connector For Array

Exterior Disconnect for Array Interior Disconnect and Solar Meter (for Net Metering)

Photo-Voltaic Solar Required Equipment

This is 500 Square Feet of Panels on the Ground (approximately 3.5’ x 5.5’ each panel)

Panels Simply Bolt on to the Rail System

Installed Photo Voltaic Solar Array

System Diagnostic Capabilities

System Array Communication Flexible Reporting Capabilities

System Communication and Reporting

Reaching Grid Parity Costs Being Driven Down

Historical and Current Solar Costs

Solar Installations Don’t Have To Be Ugly

Solar Installations Still Don’t Have To Be Ugly

Wiring Can Be Seamless and Inside The Home

Anticipate a Future Variety of Stylistic Choices

Solar Installations , Not a DYI Job

What Would Be Required to “Go Solar”?

• Use Enough Electricity to Justify the Investment

• Have Adequate Space in Yard or on Roof for Array

• Have the Proper Orientation for (at least) 5 Hours of Direct Sunlight Daily

• Have a Shade Free Zone to Maximize Array Output

• Have Available Funds or Adequate Financing

• Have HVAC Equipment that uses electricity wisely

SolutionRetrofit Geothermal Heat Pump

The geothermal heat pump typically costs about the same as a high-efficiency gas furnace and central air conditioner

The additional cost of digging and installing the ground loops is the incremental cost over a furnace/air conditioner system

Federal 30 percent tax credit for Energy Star- qualified geothermal systems (including the ground loop) installed before Dec. 31, 2016

Geothermal Piping Configuration

Geothermal Piping Configuration

Geothermal Piping Configuration

Is it Really all Unicorns and Rainbows?

Questions???

Thank you!