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Creative Sources of Funding - Augustine Pimentel, NSTAR


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Presentation delivered at MassRecycle's 4th Annual Green Office / Green Facility Conference, Bentley University, June 15, 2010. Get invited to next year’s conference by signing up to MassRecycle’s free email newsletter at

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Creative Sources of Funding - Augustine Pimentel, NSTAR

  1. 1. Direct Install Program Augie Pimentel
  2. 2. Small Business, Direct Install Program <ul><li>Turnkey retrofit services for the small business owner < 300 kW </li></ul><ul><ul><li>Dedicated vendors selected from a competitive bid process </li></ul></ul><ul><ul><li>Includes a free energy audit, identification of energy efficient opportunities (lighting, lighting controls, motors, refrigeration and gas measures), direct installation, and paperwork filled out by vendor. </li></ul></ul><ul><li>Financial Incentives </li></ul><ul><ul><li>70% of total project cost </li></ul></ul><ul><ul><li>12-month 0% Off-Bill Financing </li></ul></ul>
  3. 3. Rivers School Case Study <ul><li>Ice Rink and Student Fitness Facility </li></ul><ul><li>Performed lighting upgrades </li></ul><ul><li>130,550 kWh saved annually or </li></ul><ul><li>$17,000 saved per year </li></ul><ul><li>.7 year payback </li></ul>