Click here to load reader
Upload
recurve
View
1.437
Download
1
Embed Size (px)
Citation preview
Slide 1
Delivering On Our Promise
Sustainable Solutions to Achieve OurClimate and Economic Goals
1
AgendaRethinking Our ApproachStrategies for Carbon ReductionDisconnect Between Strategy and PolicyDelivering Market TransformationFrom Theory to PracticePathways to Success
Efficiency First Sustainable Spaces
Efficiency First, Washington DCRepresenting Americas Home Performance WorkforceNon-Profit Trade Association 400 Member CompaniesActive at National and State LevelSupporting a performance based market for residential energy efficiency retrofitting.
For More Information: www.efficiencyfirst.org
Efficiency First Sustainable Spaces
Carbon Saved: The Metric that MattersCARBON is the metric.Focus on PERFORMANCE and measurable results.The MARKET will innovate and deliver.
Efficiency First Sustainable Spaces
What is Americas Largest Source ofCarbon Emissions?IndustrialBuildingsTransportation
ResidentialBuildings21%
PassengerCars11.5%
Carbon Dioxide Emissions From Fossil Fuel Combustionhttp://www.pewcenteronthestates.org/uploadedFiles/Climate%20Change%20101,%20Technological%20Solutions.pdfhttp://www.pewclimate.org/docUploads/ustransp.pdf
Efficiency First Sustainable Spaces
What Does Achieving our Goals Look Like?Growth Curve to Retrofit 128MM Homes By 2030
10,000,000 Homes / yr.Home Performance 5MWeatherization (WAP) 3MMultifamily 1.5M
250,000 Homes / yr.Retrofit 128MM Homes By 2030http://www.barackobama.com/pdf/factsheet_energy_speech_080308.pdf
Efficiency First Sustainable Spaces
2030 Goal:25% Reduction in Residential Energy
CLIMATE: Equivalent to taking of all passenger cars off the road
JOBS: 1.25 million direct contracting jobs
ENERGY: Save as much energy as US imports yearly from Saudi Arabia
COMMUNITY:Keep energy dollars local and create an annuity
Efficiency First Sustainable Spaces
State of the Contracting Industry146,600 jobs have been lost in the residential building construction industry between April 2008 and 2009. Housing starts were down 12.8 percent last month from March [2009], to an annual pace of 458,000.
New home construction fell to its lowest pace on record in April
- New York Times, May 2009http://www.nytimes.com/2009/05/20/business/economy/20econ.html?_r=1&scp=2&sq=housing%20starts&st=cse http://www.businessexaminer.com/blog/8232nonresidential-construction-job-loss-slows/
Efficiency First Sustainable Spaces
Home Performance ContractingSustainable: Jobs in Home Performance do not require endless subsidies.Leveraged: Government subsidies stimulate private sector investment.Market-Based: Leverage business as the engine to achieve rapid growth.
A market-based* whole-house approach to retrofit existing homes for energy, health and comfort.*WAP or Low Income Weatherization serves the market up to 200% of poverty.
Efficiency First Sustainable Spaces
Achieving Market-Based Success
Efficiency First Sustainable Spaces
Over the past five years, we have come to the conclusion that these are the most important qualities in determining a successful business model in the home performance industry:Service: Are we solving real problems for our customers?Public Good: Are we saving energy and reducing residential carbon emissionsSustainability: Did we make a profit while conducting quality work?Scalability: Can we grow our business and the industry to meet future demand?
10
What Is Home Performance?Audit
Solution
Retrofit
Commissioning
Quality Assurance
Efficiency First Sustainable Spaces
Retrofitting Loading Order
InsulationAir SealingDuct SealingLightingAppliancesWater ConservationPlug LoadsBehavior
HeatingAir ConditioningVentilationWater Heating
Solar PVSolar ThermalWindWater Catchment
Efficiency First Sustainable Spaces
Section 1Rethinking Our Approach
ProductsAutomobile Performance
?1Miles PerGallon 60
Performance2
Efficiency First Sustainable Spaces
If your goal is efficiency with cars, you dont specify the parts with carsNot about the exhaust systemWe dont judge a car by its parts14
Home PerformanceProducts
?1
Home EnergyRating System85
Performance2
Efficiency First Sustainable Spaces
For a house we have all of these products, air conditioners, insulation, windows, radiant barrier. What are all of these different products one off?Just like with a car,The EPA used to specify specific scrubbers, but then they started to specify emissions. When they did emissions, they 15
System Performance: Heating Building Load - Stop Energy Leaks - Improvement: 20% - 40%
Delivery- Fix Leaky Ducts- Improvement: 30% - 50%
Behavior - Set Your Stat - Improvement: 5% - 10%
Equipment - Efficiency / Size - Improvement: 10% - 15%
Whole House vs. Products Savings
Whole House Solution:30% - 50% (Ducts, Insulation, Behavior, 40K BTU 90% Furnace)
High Efficiency Furnace:10% - 15% (100K BTU 96% Furnace)
Performance - Efficiency - Health - Comfort
Efficiency First Sustainable Spaces
1990 Clean Air ActPre 1990, EPA required emission scrubbers on smoke stacks.Clean Air Act (1990) sets emission performance standards and trading system.
1990SO2 Results: Emissions reduction Market innovation
Efficiency First Sustainable Spaces
Automatically created cost effective solutionsRemoves government from having to pick winnersTechnology neutral
17
We should be getting the savings were paying forPerformance is Fiscal Responsibility
Efficiency First Sustainable Spaces
Product Rebates Dont DeliverProduct Rebate Results: Screw-in CFLsExpected vs. Realized GWh Savings46% Less SavingsJanuary 2006 June 2008, California Public Utilities CommissionCalifornias Residential Energy Efficiency PortfolioCFL subsidies account for > 80% of residential energy efficiency savings. CFL subsidies will not be an allowable program after 2012.75MM rebated units, only 46MM verified installed.
Efficiency First Sustainable Spaces
What is all the fuss about retrofitting, why cant we just put on solar panels?Reduce Then Produce
Efficiency First Sustainable Spaces
The Firepower of the Lowly Caulk Gun Wall Street Journal
http://online.wsj.com/article/SB123629700922046051.htmlCost Per Ton of Carbon Abatement
Efficiency First Sustainable Spaces
When the money saved by renewable energy and energy efficiency more than pay for the capital and maintenance costs over a given period.
Based on a McKinsey report that focused on all of the different carbon reduction measures.Building efficiency is so cost effective, that in a very short period of time you are making money on that investment. Every year after that, your savings exceed the amount of money that you spent. Therefore you are making more money than you spent.This is vs. the more cost effective measures, where you find that they cost more to reduce carbon. They are clean, but they cost you more.We will need the alternative options at some point because you can only go so deep on energy efficiency.Presentation brand template6/11/2009 2:04 PMversion 121
Cost Effective Hybrid Model
Lighting Retrofit
40% Better Lighting Quality Reduced Lighting Maintenance Costs Improved Energy Management
Solar Electric
675kW Solar SystemThe Moscone Center - San Francisco, CAHybrid EE + RE Project
New Efficient T-5 Old Incandescent
Efficiency First Sustainable Spaces
Use municipal solar bond to finance solar electric system
Hurdle: Solar bond requires immediate cost-effectiveness
22
Moscone Center: Retrofit SummarySavings / Yr
Energy Reduction
Payback Period
Cost
Energy Efficiency$540,0004,500,000 kWh6 Years$3.2 MMSolar$99,000 825,000 kWh 42 Years$4.2 MM
$639,000 Annual utility bill savings$429,000 Annual debt service costs (20 year bond at 5.5%)
$210,000 ANNUAL NET SAVINGShttp://www.votesolar.org/moscone.html 5,325,000 kWh$639,00012 Years$7.4 MMHybrid
Efficiency First Sustainable Spaces
Annual Solar Generation: 825,000 kWhAnnual Efficiency Savings: 4,500,000 kWh
Annual Bill Savings: $639,000Annual Debt Service: ($429,000)
Annual Total Savings: $210,000
23
Reduce Then Produce
http://globalghgcostcurve.bymckinsey.com/
Efficiency First Sustainable Spaces
Level the playing field and unleash the market.
Technology Neutrality
Efficiency First Sustainable Spaces
25
Meet Our HomeownersCity: Lafayette, CA
Concerns: High energy billsDaughter has asthmaDrafty/cold in the winter
Savings
Health
Climate
Comfort
Efficiency First Sustainable Spaces
26
Meet Their HomeAge:1958Size: 2,200 ft2Annual Electric: $1,115Annual Gas: $1,013Carbon Emissions: 8.6 Tons/Year
168
Infiltration:3405 CFM50 (.68 ACHnat)Attic Insulation:R 6.4 Fiberglass Batt (low quality)Wall Insulation:No InsulationFloor Insulation:No Insulation Duct Leakage:25%
Efficiency First Sustainable Spaces
Lets talk about what we currently focus on which are incentives that focus primarily on solar. Then lets compare that model to one that focuses on a combination of ee and solar27
Option 1: Efficiency RetrofitEnergy Efficiency Retrofit25% Reduction in Electricity54% Reduction in Natural GasImproved Health and Comfort
Work Scope
Duct SealingAir SealingAttic InsulationWall InsulationLighting RetrofitEnergy Star Refrigerator40% Reduction in Energy Bills
Efficiency First Sustainable Spaces
28
Option 2: Solar ElectricSolar Electric System73% Reduction in Electricity0% Reduction in Natural GasNo Health or Comfort ImprovementPeak Load Reduction
Work Scope
3.5 kW Solar PV40% Reduction in Energy Bills
Efficiency First Sustainable Spaces
Annual Savings: $825 $825
CO2 Reduction:2.7 tons 3.6 tons
Total Cost: $28,000 $10,800
Simple Payback:33.9 yrs 13.6 yrs What is the Real Cost?
60% Less
33% More3.5 kW Solar Electric
Energy Efficiency Retrofit
60% Faster* Based on carbon abatement achieved over 20 years.
Efficiency First Sustainable Spaces
A Ton of Carbon is a Ton of CarbonTotal Cost:$28,000$10,800Cost to Client:$13,300 $10,168Rebates / Incentives: $14,700$632
Annual Savings:$825 $825CO2 Reduction:2.7 tons3.4 tons
*Rebate / Ton of C0 2$246 $9SolarRetrofithttp://www.spur.org/publications/library/report/critical_cooling
Efficiency First Sustainable Spaces
31
Why Do We Value Carbon Abatement fromRenewables More than Efficiency?
Its the METER that MATTERS!
Efficiency First Sustainable Spaces
Section 2Strategies for Carbon Reduction
California Energy Commission (CEC):Loading Orderhttp://www.energy.ca.gov/2005publications/CEC-400-2005-043/CEC-400-2005-043.PDFEnergy EfficiencyDemand ResponseRenewable ResourcesDistributed Generation
HighLowPriorityPriority for use of Public Good Charges
Efficiency First Sustainable Spaces
This is the overarching measure that determines how public good money should be spentOrder that rate payer money should be spentThe loading order consists of decreasing electricity demand by increasing energy efficiency and demand responseCalifornia Energy Commission, 2003 Energy Action Plan
34
California Solar InitiativeBy January 1, 2008, the commission shall require reasonable and costeffective energy efficiency improvements in existing buildings as a condition of providing incentives for eligible solar energy systems
- CEC Guidelines for CA Solar Incentive Programshttp://www.cleanenergystates.org/library/Reports/CEC-300-2007-012-CMF_Guidelines_CA_Solar_Incentive_Programs_Dec2007.pdf
Efficiency First Sustainable Spaces
http://www.cleanenergystates.org/library/Reports/CEC-300-2007-012-CMF_Guidelines_CA_Solar_Incentive_Programs_Dec2007.pdf
35
California AB32: Global Warming Solutions ActEstablish a statewide GHG emissions cap for 2020, based on 1990 emission levels.
Local governments: 15% reductions in GHG by 2020.
http://www.arb.ca.gov/cc/factsheets/ab32factsheet.pdf
Efficiency First Sustainable Spaces
Adopt mandatory reporting rules for significant sources of greenhouse gases by January 1, 2008. Adopt a plan by January 1, 2009 indicating how emission reductions will be achieved from significant GHG sources via regulations, market mechanisms and other actions. Adopt regulations by January 1, 2011 to achieve the maximum technologically feasible and cost-effective reductions in GHGs, including provisions for using both market mechanisms and alternative compliance mechanisms. Convene an Environmental Justice Advisory Committee and an Economic and Technology Advancement Advisory Committee to advise ARB. Ensure public notice and opportunity for comment for all ARB actions. Prior to imposing any mandates or authorizing market mechanisms, requires ARB to evaluate several factors, including but not limited to: impacts on Californias economy, the environment, and public health; equity between regulated entities; electricity reliability, conformance with other environmental laws, and to ensure that the rules do not disproportionately impact low-income communities. Adopt a list of discrete, early action measures by July 1, 2007 that can be implemented before January 1, 2010 and adopt such measures. 36
California Air Resource Board (CARB): AB32 Implementation Plan
Increased Building Efficiency and Appliance Standard
26.4 Million Metric Tons
California Solar Initiative
2.1 Million Metric Tons12Xhttp://www.arb.ca.gov/cc/cc.htm
Efficiency First Sustainable Spaces
Proposing a package of strategies for cutting the states greenhouse gas emissions to 1990 levels by 202037
California Public Utility Commission: Long Term EE Strategic Planhttp://docs.cpuc.ca.gov/efile/RULINGS/85173.htm
CPUC Existing Home Retrofitting Goal
40% energy reduction in existing homes energy use by 20201MM Homes Per Year125K Retrofitting Jobs$13+ Billion / Year
Source: California Public Utilities Commission
Efficiency First Sustainable Spaces
CA Energy Efficiency Strategic Plan Existing Residential Goals (from CPUC presentation by Michael Wheeler)By 2020:25% of existing single family homes have a 70% decrease in purchased energy from 2008 levels75% of existing single family homes have a 30% decrease in purchased energy from 2008 levels100% of existing multi-family homes have a 40% decrease in purchased energy from 2008 levels
By 2015:On average, existing homes will have a 20% decrease in purchased energy from 2008 levels
[The Goal] is to reach all existing homes and maximize their energy efficiency potential through delivery of a comprehensive package of cost-effective, whole-house energy efficiency retrofit measures.California Public Utilities Commission (CPUC), Long Term EE Strategic Plan
California Public Utility Commission is a state agency that regulates privately held utilities.
Goal #2: Home buyers and renvoators will implement a whole-house approach to energyConsumption that will guide their purchase and use of existing and new homes, home equipment (eg. HVAC systems), household appliances, and plug load amenities.
The overall objective of Goal 2 is to reach allexisting homes and maximize their energyefficiency potential through delivery of acomprehensive package of cost-effective,whole-house energy efficiency retrofitmeasuresincluding building shell upgrades,high-efficiency HVAC units, and emerging deepenergy reduction initiatives withcomprehensive audits, installation services andattractive financing. This can be achievedthrough parallel and coordinated initiativesamong utility programs, market mechanisms,and state and local government policies.
The IOUs currently offer a wide range of energyefficiency programs for existing homes, includingaudits, efficient appliance rebates, lightingprograms, and consumer education. This Planenvisions a refocusing of these programs tomove from a widget based approach to awhole house approach to program delivery tooffer comprehensive packages of audits,demand side management options and tools,rebates and financing options, and installationservices.
38
Section 3Disconnect Between Strategy and Policy
Plans vs. RealityStrategies get it right:Set the end goalFocus on performance not product
Policies get it wrong:Focus on product incentivesMisaligned incentives when compared to results
Efficiency First Sustainable Spaces
We have established that if we care about cost effective results, our policies will reward the solution that reduces carbon emissions at the least cost to the public. 40
Stimulus Tax Credit30% Capped @ $1500(No Labor Included)30% Capped @ $1500(Labor Included)30% Uncapped(Labor Included)Average Credit (Dollars)http://www.sustainablespaces.com/stimulus.pdf
Efficiency First Sustainable Spaces
Home Specs:
2500 sqft
1100 sqft attic insulation (+ air sealing which is not covered) @ $0.81 sqft with 30% rebate capped @ $1500 = $270
1 High Efficiency Furnace and Duct Sealing: $7,400 @ 30%rebate capped at $1500 = $1,500
3.5 kWh solar @ $8500 / kWh with 30% uncapped rebate = $8,925
41
California State Rebates $0.15 / sqft$300 / unit$1.40 / W Average Rebate (Dollars)http://dsireusa.org/incentives/index.cfm?re=1&ee=1&spv=0&st=0&srp=1&state=CA
Efficiency First Sustainable Spaces
Home Specs:
2200 sqft
1100 sqft attic insulation (+ air sealing which is not covered) @ $0.15 / sqft rebate = $165
1 Furnace: $300 rebate for 94AFUE and higher furnace
3.5 kWh solar @ ~$1.40 / watt = $4900
42
Cost-EffectivenessAnnual Rate of Return (%)
Efficiency First Sustainable Spaces
Insulation / Airsealing: $3260 labor and materials30% reduction in load (20% gas / 10% electric)$1,115 annual electric$1,013 annual gassavings = $32410% annual payback
96 AFUE Furnace / Duct Seal: $7400 install (labor and materials) 50% gas usage from heating ~ 362 thermsAnnual : 362 therms @ $1.40 per therm = $506.80 16% reduction by replacing 80% efficient with 96% efficiency furnace = $81 annually 30% reduction of gas usage with sealed ducts is 217 therms @ $1.40 = $304 2% annual payback
Solar: 3.5 kWh solar @ $8500 / kWh = $29,750 $1,115 annual savings 4% annual payback
43
Local JobsLabor as % of Project Cost
Efficiency First Sustainable Spaces
Insulation / Airsealing: 1100sqftMaterials: $1,125Labor: $2,135Percentage = Labor / Total = 65%
96AFUE Furnace and Duct SealingMaterials: $3,320Labor: $1,950Percentage = Labor / Total = 37%
3.5 kWh Solar SystemMaterials: $25,287Labor: $4,500Percentage = Labor / Total = 15%
* Solar panels are 60% of the cost - they're mostly made up of pure silicon, which is expensive and takes a long time to make. * The inverter makes up about 10% of the cost * All the other parts, like wires and racking, is about 15% of the cost * Labor is also about 15% of the cost Link: http://www.sunrunhome.com/learn_about_solar/cost_of_solar/
44
Misaligned Priorities?
Incentives
Effectiveness
Efficiency First Sustainable Spaces
How are these policies being implemented locally?
Efficiency First Sustainable Spaces
San Francisco Climate Action PlanReducing overall greenhouse gas emissions to 20% below 1990 levels by 2012
http://sfenvironment.org/downloads/library/climateactionplan.pdf
19% Residential
Efficiency First Sustainable Spaces
Solar Incentive as Disincentive for EE90% energy efficiencyCreated a city level incentive for solarThe market for EE and Solar are the same marketplace when you benefit one side of the equation, you are unintentionally dis-incentivizing the other
Incentives programs encourage investments in energy efficiency by lowering the consumers cost of implementing energy efficiency actions. Incentives can take the form of direct rebates to customers or manufacturers, low-interest loans, or payments to customers or energy services companies for delivered energy savings. -SF Climate Action, pg 3-19
47
San Francisco Climate Action Plan
Residential Reduction Goals from Energy EfficiencyCombined Reduction Goals from Renewables
85% of SFs residential climate goalsdelivered through Energy Efficiency
Efficiency
Solarhttp://sfenvironment.org/downloads/library/climateactionplan.pdf
Efficiency First Sustainable Spaces
This is solar in general, even if we had x amount of stuff was residential its 90% energy efficiencyWhat is san Francisco doing 6,000 for residential? Energy efficiency is second to none If you put a solar system in SF, what does it do? What is the implementation plan SF solar incentive disincentivizes EE.Incentive amount 60% plus or greaterIn San Francisco we are killing the energy efficiency when it is 90% of solution
48
San Francisco ImplementationSF - Solar Energy Incentive Program $6,000 Residential City Solar Incentive Plus: $1.50 Watt CA Rebates and Federal Tax Credits 30%
SF Residential Energy Efficiency Program No Incentives
http://www.sfenvironment.org/downloads/library/solarincentives.pdf2 kW Solar System in San FranciscoPublic Contribution: 70%
Efficiency First Sustainable Spaces
6000 + SF not only incentivizing the wrong stuff, but by doing so, they are dis-incentivizing everything else
49
One Market Incentives favoring renewables disincentivizes energy efficiency.
Efficiency First Sustainable Spaces
Section 4Delivering Market Transformation
What it Takes to Scale Home PerformanceIncrease Consumer DemandFinancing IncentivesCatalyze Market TransformationPerformanceStandards
Efficiency First Sustainable Spaces
Achieving Market TransformationIncentivesFinancingStandards
Efficiency First Sustainable Spaces
Performance-Based IncentivesIncentivize Results Reward performance not productsAllow the market to make choicesIncentivesStandardsFinancingTechnology NeutralityStop picking winnersInspire innovation
Efficiency First Sustainable Spaces
What Models Can We Apply?Performance based on before and after Home Energy Rating Score (HERS).
20% minimum improvement in energy performance grants rebate of $3,000.
5% in performance improvement adds $1,000.
IncentivesStandardsFinancingCurrently in US House Climate Bill(Retrofit For Energy and Environmental Performance)http://energycommerce.house.gov/Press_111/20090331/acesa_discussiondraft.pdf
Efficiency First Sustainable Spaces
Households may select a combination of energy efficiency measures, from a prioritized climate-specific list based on average savings, that show an average improvement of a 10% energy savings to receive the incentive (10% = $1000, 20% = $2000). Prescriptive incentives will sunset after 1 year or upon an EPA decision based on results. Households are eligible to receive a $3,000 incentive for a 20% improvement in energy performance of the home. The amount of the incentive would increase with higher performance at a rate of $150 for each 1% improvement. The incentive amount shall not exceed 50% of the total project costs.
55
Home Performance FinancingNo upfront costsPaid over long-terms, up to 20 yearsReduced interest rates compared to traditional loansThe retrofit stays with the property and so should the loanStandardsFinancingIncentivesGoals:
Efficiency First Sustainable Spaces
On Property Tax Bill FinancingOn Utility Bill FinancingNational Green BankGreen Mortgage ProductsAggregated ESCO Model
http://www.euci.com/pdf/0409-solar-finance.pdfhttp://www.ci.berkeley.ca.us/ContentDisplay.aspx?id=26580xStandardsFinancingIncentivesWhat Models Can We Apply?
Efficiency First Sustainable Spaces
Home Performance StandardsContractor Accreditation - Building Performance Institute (BPI) All Building Analysts (auditors) CertifiedConstruction Team Lead Trade CertificationYearly review of customer data5% Field Quality Assurance
StandardsIncentivesFinancing
Certified Energy Auditor RESNET Certified RaterBPI Certified Building Analyst
Efficiency First Sustainable Spaces
Section 5From Theory to Practice
Lets Apply the Future ModelHow does a level playing field for energy efficiency influence adoption?
Efficiency First Sustainable Spaces
Energy Efficiency RetrofitHERS Before: 168HERS Post: 121Improvement: 28%
Retrofit
168
121
Efficiency First Sustainable Spaces
Retrofit with Performance IncentivesTotal Cost:$10,800Rebates / Incentives: $4,832Cost to Client:$5,968
Annual Savings (Gas/Elec.):$825CO2 Reduction:3.4 tons
*Rebate / Ton of C0 2 $71Retrofit* Based on carbon abatement achieved over 20 years.
45% Incentive
Efficiency First Sustainable Spaces
62
Hybrid Whole-House SolutionEnergy Efficiency Retrofit25% Reduction in Electricity54% Reduction in Natural GasImproved Health and Comfort
2.1 kW Solar Electric SystemReduced from 3.5 kW to 2.1 kW40% Reduction in ElectricityPeak Load Reduction
Work Scope
Duct SealingAir SealingAttic InsulationWall InsulationLighting RetrofitEnergy Star Refrigerator+2.1 kW Solar PV65% Reduction in Energy Bills
Efficiency First Sustainable Spaces
63
Value Engineered Hybrid SolutionTotal Cost: $10,800 $17,000 $27,800Rebates / Incentives: $4,832* $7,300 $12,132Cost to Client: $5,968 $9,700 $15,668
Annual Savings: $825 $550 $1,375CO2 Reduction: 3.4 tons 1.8 tons 5.2 tons
Rebate / Ton of C0 2 $71 $280 $121SolarRetrofit*Includes potential rebates from REEP incentive plus existing State rebates.Hybrid
Efficiency First Sustainable Spaces
64
5.0 tons$1,37512.4 Years$15,668HybridThe Whole-House Hybrid HomeSavings / Yr
Carbon Reduction
Simple Payback
Cost
Energy Efficiency$8253.4 tons7.2 Years$5,968Solar$5501.6 tons21.5 Years$9,700
6.3 Years
13.6 Years
9.7 YearsPayback withRate Increase
Savings
Health
Comfort
Climate
Efficiency First Sustainable Spaces
Annual Solar Generation: 825,000 kWhAnnual Efficiency Savings: 4,500,000 kWh
Annual Bill Savings: $639,000Annual Debt Service: ($429,000)
Annual Total Savings: $210,000
65
Finance for Immediate Savings $15,688 financed at 6% over 20 years
Year: 1 10 20 Monthly Payment: $112 $112$112 Monthly Savings: $117 $159$230* Based on Electric Rate increase of 4% per year, and Gas rate increase of 6%.$12,970 Total utility bill savings: $39,850 Total cost of loan (20 years at 6%): $26,880
NET SAVINGS: $12,970
Efficiency First Sustainable Spaces
Section 6Pathways to Success
Creating the Future Model Using the market to achieve scale and transformation
Efficiency First Sustainable Spaces
Tier 3: Prescriptive Measures
List of MeasuresInsulationWindowsSolarHVACGeneral ContractorPick from list of eligible measuresMust combine measures to achieve 20% average savings or greaterLower level of incentiveProgram sunsets after 12 months
Efficiency First Sustainable Spaces
Tier 2: Third Party Rater
HERS RatingHERS RatingBPI AnalystBPI AnalystThird Party HERS Rater Work scope generated through softwareTest-in / Test-outRetrofittingSpecialty trade contractorsHome Performance Contractor Any General Contractor must become accredited within 6 months of taking first incentive.
InsulationWindowsSolarHVACGeneral Contractor(Accredited After 6 Months)Test-InHERS RatingTest-OutHERS Rating
Efficiency First Sustainable Spaces
BPI AccreditedHome Performance ContractorTier 1: Home PerformanceTest-InBPI AnalystTest-OutBPI AnalystPerformance-Based SolutionsBPI Accredited Contractor / StaffQuality Assurance
Home Performance ContractorBPI Accredited
Efficiency First Sustainable Spaces
Pathways to Success
Performance
HERS RatingHERS RatingBPI AnalystBPI AnalystInsulationWindowsSolarHVACGeneral Contractor(Accredited After 6 Months)Test-InHERS RatingTest-OutHERS RatingBPI AccreditedHome Performance ContractorTest-InBPI AnalystTest-OutBPI AnalystHome Performance ContractorBPI Accredited
List of MeasuresInsulationWindowsSolarHVACGeneral ContractorSunsets After 12 Months
Prescriptive
Efficiency First Sustainable Spaces
The Time To Act Is Now!Change the way we talk about efficiency from products to systems.Start incentivizing our success in terms of results and measure performance.Fix the imbalances in the market.Set in place the foundation for a the American Home Performance Retrofitting Industry.
Efficiency First Sustainable Spaces
A Foundation for Home PerformanceLevel the playing fieldMake it easy to say yesDrain the swamp
Efficiency First Sustainable Spaces
Delivering On Our PromiseSustainable Local JOBSCost Effective CARBON AbatementSignificant Homeowner SAVINGSEffective Use of STIMULUS
Seize this opportunity to achieve our climate and economic goals
Efficiency First Sustainable Spaces
Delivering On Our Promise
Sustainable Solutions to Achieve OurClimate and Economic Goals
For More Information: www.efficiencyfirst.org
76