Watch this Product & Resources Overview to learn about our new Energy solution and how efficient buildings make for better learning environments. A full-service energy upgrade program with flexible financing options, this program allows charter schools to access energy efficiency and renewable energy solutions for their buildings—­­improving the learning environment while reducing utility and maintenance expenses.

1. Copyright © 2018 Charter School Capital, Inc. All Rights Reserved.
CHARTER
SCHOOL
ENERGY
PROGRAM
OVERIEW

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
AGENDA
Introductions
Quick Thought Experiment
Our Process

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
 Leads a sales staff which has
developed energy services and
renewable energy projects across 35
states
 Successful projects with 25+ charter
schools
 Passion for investing in K-12 education
 Chartered Financial Analyst
 7+ years in financial and strategy
consulting
 BS in Business Administration from
Northeastern University
 MBA from Darden School of
Business at the University of Virginia
RICH COLLINS
Director of Strategy & Product
Development
Charter School Capital
DAVID SMART
President & COO – Energy
Reduction
BioStar Renewables
ABOUT US
 Graduate of Amherst College
 6+ years at Charter School Capital,
helping charter schools reach their
goals
 Passionate about working with charter
school leaders to make their visions a
reality
RYAN ELDRIDGE
Senior New Business Analyst
Charter School Capital

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Copyright © 2018 Charter School Capital, Inc. All Rights Reserved.
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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
CASE STUDY: HVAC REPLACEMENT
That’s a perfectly reasonable way to solve an immediate Need and CS Energy is happy to help by
providing bids for HVAC replacement or financing
Problem Solution Costs (-)
HVACs are past
useful life and
militance has
been
skyrocketing; two
units have quit
recently
Replace broken units
Benefits (+)
• Cost of units paid for out of
cash reserves
• Installation expense paid for
out of cash reserves
• Back to operating condition
• Ongoing maintenance savings

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
Practical
Visionary and
Creative

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Setting & Meeting
Practical Goals
• Managing in year budget
• Planning for necessary
building maintenance costs
• Hiring and retaining staff

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
Meeting Visionary and
Creative Goals
• Enhancing the educational
environment for students and
staff (lighting, comfort, air
quality, safety)
• Improving Governance /
Citizenship
• Expanding the school’s mission
• Building community and
outreach
• Supporting student and staff
success and satisfaction

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
Did we miss an opportunity
to help us achieve our
school's mission and vision
by…
• Improving the classroom
environment for our staff
and students?
• Reducing our overall
impact on the
environment?
• Utilizing cash reserves
for educational
programs?
Successful replacement
of HVAC units kept our
school operational!

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
OUR APPROACH IS HOLISTIC AND BEGINS WITH A DEEP
DIVE INTO YOUR LONG TERM GOALS
Final Project Design
Funding / Financing
Options
Initial Design / Option
Creation
AnalysisConsult
CHARTER SCHOOL ENERGY PROCESS
• Initial call
• In person meetings
• Key stakeholder
discussions
• Utility bill analysis
• Physical site
analysis
• Maintenance record
analysis
• Regional / state
energy program
analysis
• Recommended
required
replacements /
updates
• Optional
enhancements
• Initial contractor
installation bids
• Estimated
maintenance and
utility savings
• Detailed plan and
product lists
• Final contractor
selection
• Implementation
timeline
• Energy-upgrade
program grants
eligibility options
• Tailored financing
options
• Financing levels tied
to required and
optional energy
projects
Mission to Drive Charter School Success

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
UNDERSTANDING YOUR FULL STORY ALLOWS US TO
CREATE A COMPREHENSIVE AND TAILORED PROGRAM
What is your education model and
mission?
• Are you STEM focused?
• Montessori program?
• Outdoor / environmental focus?
What are your growth / expansion
aspirations?
Current financial position and
budget?
• Spending priorities?
• CAPEX plan
What do you want the overall look
and feel of the facility to be?
• Is it warm and inviting?
• Is it modern or cutting edge?
How energy resilient is the
school? Are there contingency
measures in place?
Productivity loss due to sick days:
• Average Daily Attendance counts
• Faculty absence
• Academic performance
Was the facility originally built as
a school or was it repurposed?
Final Project Design
Funding / Financing
Options
Initial Design /
Option Creation
AnalysisConsult
Do you have environmental or
emission reduction goals?

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
ANALYSIS EXAMPLES: UTILITY BILLS
RAW UTILITY BILL DATA ENERGY CONSUMPTION ANALYSIS
Final Project Design
Funding / Financing
Options
Initial Design /
Option Creation
AnalysisConsult

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
ENERGY UPGRADE OPTION EVALUATION
Problem Solution Costs (-)
Final Project Design
Funding / Financing
Options
Initial Design /
Option Creation
AnalysisConsult
HVACs are past
useful life and
militance has
been
skyrocketing; two
units have quit
recently
Replace broken units
Replace rest of units
with high-efficiency
Install smart controls
Air purification
Benefits (+)
• Cost of units
• Installation expense
• Back to operating condition
• Ongoing maintenance savings
• Cost of units
• Installation expense
• Ongoing maintenance savings
• Additional utility savings
• Cost of controls
• Installation expense
• Further utility savings
• Better classroom environment
and control
• Cost of units
• Installation expense
• Additional utility savings
• Better classroom environment
• Less productivity loss

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
ENERGY UPGRADE OPTION EVALUATION: WITH FINANCING
Problem Solution Costs (-)
HVACs are past
useful life and
militance has
been
skyrocketing; two
units have quit
recently
Replace broken units
Replace rest of units
with high-efficiency
Install smart controls
Air purification
Financing
Benefits (+)
• Covered by financing • Back to operating condition
• Ongoing maintenance savings
• Ongoing maintenance savings
• Additional utility savings
• Further utility savings
• Better classroom environment
and control
• Additional utility savings
• Better classroom environment
• Less productivity loss
• Potential issuance expense
• Principal and Interest
payments
• Lower initial capital outlay or
elimination of capital outlay
Final Project Design
Funding / Financing
Options
Initial Design /
Option Creation
AnalysisConsult

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
LIGHTING PROJECT EXAMPLE: NO FINANCING
LIGHTING FINANCING EXAMPLE:
• Turnkey LED lighting upgrade on
elementary school with annual
energy costs of $16.5k
• $42.7k up-front total lighting
project cost
• Annual energy and maintenance
cost savings of $12.8k
• Note: useful life of lights likely
exceed 10-years and energy
rates will likely increase, driving
expected savings higher
10-YEAR LIGHTING UPGRADE ECONOMICS
$12,832
$12,832
$12,832
$86,320
-$50k
-$30k
-$10k
$10k
$30k
$50k
$70k
$90k
0 1 2 3 4 5 6 7 8 9 10
Energy Bill Savings Project Cost
Annual Net Benefit Cumulative Net Benefit
Final Project Design
Funding / Financing
Options
Initial Design /
Option Creation
AnalysisConsult

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
LIGHTING PROJECT EXAMPLE: WITH 5-YEAR LOAN
LIGHTING FINANCING EXAMPLE:
• Turnkey LED lighting upgrade on
elementary school with annual
energy costs of $16.5k
• 5-Year loan with equal monthly
payments totaling $11.8k per
year
• Annual energy and maintenance
cost savings of $12.8k
• Note: useful life of lights likely
exceed 10-years and energy
rates will likely increase, driving
expected savings higher
Final Project Design
Funding / Financing
Options
Initial Design /
Option Creation
AnalysisConsult
10-YEAR LIGHTING UPGRADE ECONOMICS
$12,832
$(11,843)
$989
$12,832
$69,106
-$50k
-$30k
-$10k
$10k
$30k
$50k
$70k
$90k
0 1 2 3 4 5 6 7 8 9 10
Energy Bill Savings Loan Payment
Annual Net Benefit Cumulative Net Benefit

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
SAMPLE DESIGNS: LIGHTING LAYOUT
LIGHTING FIXTURE REDESIGN AND ANALYSIS
Final Project Design
Funding / Financing
Options
Initial Design /
Option Creation
AnalysisConsult

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
SAMPLE DESIGNS: SOLAR ARRAY AND ROOFING
SOLAR ARRAY DESIGN ROOFING REPLACEMENT
Final Project Design
Funding / Financing
Options
Initial Design /
Option Creation
AnalysisConsult

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Copyright © 2019 Charter School Capital, Inc. All Rights Reserved.
THANK YOU
FOR
ATTENDING!
QUESTIONS?
EMAIL: rcollins@charterschoolcapital.org
RICH COLLINS
Director of Strategy & Product Development
Charter School Capital
DAVID SMART
President & COO – Energy Reduction
EMAIL: dsmart@biostarrenewables.com.com
RYAN ELDRIDGE
Senior New Business Analyst
Charter School Capital
EMAIL: reldridge@charterschoolcapital.org