Mark Faulkenberry Webinar for Colorado Geo Energy & Heat
Pump Association February19, 2013
Slide 2
Slide 3
Slide 4
Blue Canyon74.3 MW Buffalo Bear18.9 MW Red Hills123 MW Rocky
Ridge150 MW (Commercially available Jun 2012) Total366 MW Once
Rocky Ridge is operational approximately 17% of WFEC annual energy
production will come from wind!
Slide 5
CASPER Cross Air State Pollution Rule 30 M project on CC NG
units EPA Regulation Regional Greenhouse Gas Initiative Clean Air
transport Rule Hazardous Air Pollutant Coal Combustion Residual
(Coal ash) Clean Water Act
Slide 6
30 MW in Reduced Capacity 30,000 kW @ $1850/kW = $55,000,000
Principal only No carbon costs considered Sacrifice energy sales
for capacity reduction
Slide 7
You can lead a horse to water But you cant make him drink!
Slide 8
Big difference between SEER & EER
Slide 9
Listening to consumers Cost Urgency Issues Education Change
stereo-typical GS home
Slide 10
1 kWh of energy from the grid Plus: 3-5 kWh of energy from the
earth Yields: 4-6 kWh of energy for the building Another form of
utility plant for delivering Renewable Energy to the load
Slide 11
Co-op partners to become a premiere Thermal Energy Services
Provider Co-op installs, owns, and maintains loop for fixed monthly
service fee added to electric bill Co-op contracts with 3 rd party
for construction and maintenance of the loop Co-op provides low
interest financing for equipment, installation, & basic energy
efficiency improvements (insulation & seal) Note: the financing
will be limited to positive cash flow applications and only offered
through pre-approved installers.
Slide 12
Customer HVAC Contractor Loop Contractor Electric Cooperative
New Role for Electric Cooperative
Slide 13
Cost for System 3 Ton System 200ft/ton + 100 ft. = 700 ft. 700
ft. x $7/ft. = $4900 4 Ton System 200ft/ton + 150 ft. = 950 ft. 950
ft. x $7/ft. = $6650 Using RUS Financing 3 Ton $18-$25/month Tariff
Rate 4 Ton $25-$28/month
Slide 14
System Cost 3 Ton (Less Loop) $10,000 Less WFEC Rebate $ 1,200
Total Loan $ 8,800 Less 30% Fed Credit $ 2,640 Net Balance $ 5,800
Note: Additional 30% State Tax Credit in NM Amortized Cost $8,800 @
3% (10 years) $84.97/month
Slide 15
Projected Annual Savings $3,830/yr. Using Geo Design Software
Less Annual TSC Costs $ 300/yr. $25/mo. x 12 months Less Facilities
Payments $1,019/yr. $84.97/mo. x 12 months Cash Flow Positive
$2,511/yr. Sample used: 2400 sq. ft. (15 yr. old) STD EFF 10
SEER
Slide 16
Projected Annual Savings $1,959/yr. Using Geo Design Software
Less Annual TSC Costs $ 300/yr. $25/mo. x 12 months Less Facilities
Payments $1,019/yr. $84.97/mo. x 12 months Cash Flow Positive
$640/yr. Sample used: 2400 sq. ft. (15 yr. old) STD EFF 10
SEER
Slide 17
Slide 18
Caddo Electric Cooperative First out of the gate Huge Success
New Construction & Retrofits Roosevelt EC - 1st to offer
services in NM Kiamichi seeking Board Approval in Feb Seven (7)
other co-ops planning to present to their Boards by mid year.
Numerous others awaiting the results of Geo Validation Project
Slide 19
Research to validate the 0.65 kW/ton Largest Testimonial
advertising campaign in our cooperatives history Imagine... 25
retrofit installations (Volunteers) Spreading across two states All
sub-metered to acquire actual before and after demand reduction All
coordinated to flip the week of July 29
Slide 20
Estimated Project Cost $315,000 The Players WFEC and our co-op
family Cooperative Research Network (CRN) Verbal commitments for
financial support from ClimateMaster & Bosch Water Furnace
considering Looking for other financial support
Slide 21
Found a Strategic Partner with extensive experience with GSP
installations. Participating cooperatives will work with said
entity through their Key Accounts programs and targeted consumer
groups Third party will engineer, bid out installations, and
oversee the entire project thus assuring quality installation.
Dairy Pilot in New Mexico
Slide 22
Must match replacement time frame Each pre-approved dealer must
submit a plan for dealing with urgency issues - Summer- Portable
Cooling Tower - Winter -Utilize backup heat strip and offer a $50
credit for the month utilized Equipment inventory has to be
addressed
Slide 23
Internal Family Buy-in Shared Vision leading the way Custom
Business Plans GSHP Manufactures & Dealers Unbiased We want
competition Determining who wants to play External General Public
No brainer when the system goes out Fall of 2012 effort Go Go Geo
Challenge
Slide 24
Slide 25
Title Sponsor Touchstone Energy Cooperatives of OK Co-Sponsors
1. ClimateMaster 2. Bosch (Florida Heat Pump) 3. Water Furnace
Other Industry Beneficiaries
Slide 26
The goal is to challenge high school juniors and seniors to use
their creativity in the production of a 1-3 minute video which
delivers our message. How Geo Works Overview of incentives
currently available Savings Benefits Renewable Environmental
benefits Then by using their social media network deliver our
message to all of their friends and family as they go online and
view/vote for their favorite videos
Slide 27
Co-op & GSP dealers promote .within their Service Territory
(No cost to the co-op or dealer other than sweat equity) Entire
program is managed online (website) - intro video - rules &
entry process - message to be delivered - general research
information on GSHP Students submit videos online Videos previewed
before posted All videos posted at the same time for voting
Slide 28
Slide 29
REGIONAL COMPETITIONSTATE COMPETITION Five (5) Regional
competitions winner from each advancing to state finals Top Five
(5) vote getters are judged Winner Scholarships 1 st Place - $3000
2 nd Place - $2000 3 rd Place - $1000 1st place winners school
awarded $2500 Finalist videos posted for finals online voting State
Finalists come to OKC for interviews Judges interview finalists and
score the group Winner Scholarships 1 st Place - $7000 2 nd Place -
$3500 3 rd Place - $2000 1st place winner school awarded $2500
Slide 30
Michael Ming Oklahoma Secretary of Energy Betty Thompson Miss
Oklahoma Stephen McKeever Oklahoma Secretary of Science &
Technology
Slide 31
Online voting 25 points (Ranges from 25-10) Message delivery35
points (5 pts per message) Creativity- Wow25 points Technical
Merit10 points Videography 5 points Total100 points Finals criteria
will be modified to include interview scores