sustainability incentives presentation

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NYSERDA Incentives for Buildings and Businesses May 13, 2009 A Presentation By: Diana Pangestu, NYSERDA Energy $mart Communities Coordinator SOLAR ONE

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Presentation by Diana Pangestu of Solar1.org regarding government sponsored sustainability incentives. Given at GreenPearl.com's Building Owners Cash Flow seminar on May 13, 2009

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Page 1: Sustainability Incentives presentation

NYSERDA Incentives for Buildings and

Businesses

May 13, 2009

A Presentation By:

Diana Pangestu, NYSERDA Energy $mart

Communities Coordinator

SOLAR ONE

Page 2: Sustainability Incentives presentation

What is Solar One?

New York City’s preeminent not-for-profit on sustainability – Achieving our mission through education, outreach, and action.

Page 3: Sustainability Incentives presentation

What is NYSERDA?

Page 4: Sustainability Incentives presentation

What is the SBC?

The System Benefits ChargeEstablished by the Public Services Commission in 1996

to fund Energy efficiency, R&D, AffordabilityNew York Energy $mart programs are available to all

electricity customers of the following utilities:• Central Hudson

• Con Edison

• New York State Electric & Gas

• National Grid

• Rochester Gas and Electric

• Orange and Rockland

Page 5: Sustainability Incentives presentation

Current Funding and Initiatives

Page 6: Sustainability Incentives presentation

New York Energy $martSM Programs to Cover

Page 7: Sustainability Incentives presentation

NYSERDA Program Structure

Page 8: Sustainability Incentives presentation

Energy Audit Program

• NYSERDA contracts with engineering firms to provide energy technical services.

• Cost of audit is $100-$400, which is reimbursable if owner installs recommended measures.

For Small Facilities with under $75,000 in Annual Electricity Bills.

Page 9: Sustainability Incentives presentation

• NYSERDA contracts with engineering firms to provide energy technical services

• Services include Retro-commissioning, Long-term Energy Management, Capital Budget Strategies for Upgrades

• NYSERDA cost-shares 50% of energy study up to $500,000 ($1,000,000 for Con Ed territory) for 5 years.

Flexible Technical AssistanceEnergy Audit for Larger Commercial Facilities

Page 10: Sustainability Incentives presentation

• Use your own energy services technician.

• Services akin to those of Flexible Technical Assistance.

• NYSERDA cost-shares 50% of energy study up to $500,000 ($1,000,000 for Con Ed territory) for 5 years.

Technical AssistanceEnergy Audit for Larger Commercial Facilities

Page 11: Sustainability Incentives presentation

Pre-Qualified Incentives• Projects receive pre-qualified

incentives for installing energy conservation measures, up to $30,000.

• Available for lighting, HVAC, Chillers, Motors, Refrigeration, Interval Meters, Variable Frequency Drives (VFDs), Commercial Kitchen Equipment and Washers

Existing Facilities ProgramEquipment Rebates for Commercial Facilities

Page 12: Sustainability Incentives presentation

Performance-Based Incentives• Larger and custom projects – projects must qualify for at least $10,000 in incentives.

• Electric Incentives, Gas Incentives, Demand Response Incentives, Combined Heat and Power Incentives

• Total incentives may not exceed 50% of project costs or $2 million per facility.

Existing Facilities ProgramGrants for Commercial Facilities

Page 13: Sustainability Incentives presentation

New York Energy $martSM Programs to Cover

Page 14: Sustainability Incentives presentation

New Construction Program

• Technical assistance to evaluate and design energy efficiency options

• Cash back for installation of cost-effective electric efficiency measures in new or renovated buildings

• Additional incentives for green buildings, solar technologies, peak-load management and energy benchmarking.

Various Incentives and Rebates for New Construction Commercial Facilities

Page 15: Sustainability Incentives presentation

New Construction Program: Eligible Project Types

New Construction Project: New building, or a portion within a new building

Substantial Renovation Project:

• A change of use and reconstruction of an existing building or space within;

• Construction requiring that the building or space within be out of service for at least 30 consecutive days (if only part of the building or space is out of service for at least 30 days, approval must be obtained through NYSERDA to be eligible); or

• Reconstruction of a vacant structure or space within a building.

Page 16: Sustainability Incentives presentation

New Construction Program: Three Approaches

1. Whole Building Design: Designed for projects where the applicant elects to examine interactions between energy efficiency improvements and their effect on overall energy needs throughout the entire building.

2. Whole Building Design with Green Building Option: Promotes the design and construction of buildings, giving careful consideration to three main elements: healthy indoor environment, maximum energy efficiency, and conservative, thoughtful use of natural resources.

3. Custom Approach: Through this approach, potential energy saving opportunities and associated incentives are calculated for a variety of individual measures.

Page 17: Sustainability Incentives presentation

New York Energy $martSM Programs to Cover

Page 18: Sustainability Incentives presentation

Multifamily Performance Program

• New program (May 2007)• Existing Buildings and New

Construction• Market Rate and Affordable• 20% ENERGY REDUCTION

TARGET• Provide incentives for energy

and energy-related improvements

Page 19: Sustainability Incentives presentation

MFP Incentives

Page 20: Sustainability Incentives presentation

MFP Process

1. Hire a Multifamily Performance Partner www.getenergysmart.org.

2. Complete a Program Application and Participation Agreement.

3. Benchmark your project.

4. Develop an Energy Reduction Plan.

5. Implement the Energy Reduction Plan.

6. Confirm achievement of the target.

Page 21: Sustainability Incentives presentation

New York Energy $martSM Programs to Cover

Page 22: Sustainability Incentives presentation

Photovoltaic Incentives

• Cash incentives to bring down the cost of PV systems 30%.

• First come/first serve.

• Systems must be connected to utility grid.

• Available only to eligible installers; must be passed on to customer

• Website: www.powernaturally.org

Page 23: Sustainability Incentives presentation

PV Incentives- Residential

Standard Residential Systems:• Up to first 4 kW: $3/watt, or $3,000/kW • 5kW – 8 kW: $2/watt, or $2,000/kW

Building Integrated Systems:• Up to 5kW: $4.50/watt, or $4,500/kW • 6kW – 10 kW: $3.50/watt, or $3,500/kW

ENERGY STAR Labeled Home: • Up to 5kW: $4.50/watt, or $4,500/kW • 6kW – 10 kW: $3.50/watt, or $3,500/kW

Page 24: Sustainability Incentives presentation

PV Incentives- Commercial

Standard Non-Residential Systems:• Up to first 40 kW: $3/watt, or $3,000/kW• 40kW – 80 kW: $2/watt, or $2,000/kW

Building Integrated Systems:• Up to 25kW: $4.50/watt, or $4,500/kW • 26kW – 50 kW: $3.50/watt, or $3,500/kW

School, Non-Profit, Government: • Up to 25kW: $5.00/watt, or $5,000/kW

Page 25: Sustainability Incentives presentation

New York Energy $martSM Programs to Cover

Page 26: Sustainability Incentives presentation

Energy $mart Loan Fund

Only for Residential Projects. Loan Fund for Commercial Projects suspended.

Provides low-interest loans through participating lenders for energy efficient improvements .

4.0% buy-down on the interest rate of the loan with a 3% floor.

Download the “Loan Fund Borrower Package” at www.getenergysmart.org.

Page 27: Sustainability Incentives presentation

Diana Pangestu, Energy $mart Communities Coordinator – Manhattan and Staten Island

Solar OneEmail: [email protected]

Ph. (212) 785-0734

Contact Information

NYSERDAwww.getenergysmart.orgwww.nyserda.orgwww.powernaturally.org