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Sustainability Incentives presentation


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

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Sustainability Incentives presentation

  1. 1. NYSERDA Incentives for Buildings and Businesses May 13, 2009 A Presentation By: Diana Pangestu, NYSERDA Energy $mart Communities Coordinator SOLAR ONE
  2. 2. What is Solar One? <ul><li>New York City’s preeminent not-for-profit on sustainability – Achieving our mission through education, outreach, and action. </li></ul>
  3. 3. What is NYSERDA?
  4. 4. What is the SBC? <ul><li>The System Benefits Charge </li></ul><ul><li>Established by the Public Services Commission in 1996 to fund Energy efficiency, R&D, Affordability </li></ul><ul><li>New York Energy $mart programs are available to all electricity customers of the following utilities: </li></ul><ul><ul><ul><ul><ul><li>Central Hudson </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Con Edison </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>New York State Electric & Gas </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>National Grid </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Rochester Gas and Electric </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Orange and Rockland </li></ul></ul></ul></ul></ul>
  5. 5. Current Funding and Initiatives
  6. 6. New York Energy $mart SM Programs to Cover
  7. 7. NYSERDA Program Structure
  8. 8. Energy Audit Program <ul><li>NYSERDA contracts with engineering firms to provide energy technical services. </li></ul><ul><li>Cost of audit is $100-$400, which is reimbursable if owner installs recommended measures. </li></ul>For Small Facilities with under $75,000 in Annual Electricity Bills.
  9. 9. Flexible Technical Assistance <ul><li>NYSERDA contracts with engineering firms to provide energy technical services </li></ul><ul><li>Services include Retro-commissioning, Long-term Energy Management, Capital Budget Strategies for Upgrades </li></ul><ul><li>NYSERDA cost-shares 50% of energy study up to $500,000 ($1,000,000 for Con Ed territory) for 5 years. </li></ul>Energy Audit for Larger Commercial Facilities
  10. 10. Technical Assistance <ul><li>Use your own energy services technician. </li></ul><ul><li>Services akin to those of Flexible Technical Assistance. </li></ul><ul><li>NYSERDA cost-shares 50% of energy study up to $500,000 ($1,000,000 for Con Ed territory) for 5 years. </li></ul>Energy Audit for Larger Commercial Facilities
  11. 11. Existing Facilities Program <ul><li>Pre-Qualified Incentives </li></ul><ul><li>Projects receive pre-qualified incentives for installing energy conservation measures, up to $30,000. </li></ul><ul><li>Available for lighting, HVAC, Chillers, Motors, Refrigeration, Interval Meters, Variable Frequency Drives (VFDs), Commercial Kitchen Equipment and Washers </li></ul>Equipment Rebates for Commercial Facilities
  12. 12. Existing Facilities Program <ul><li>Performance-Based Incentives </li></ul><ul><li>Larger and custom projects – projects must qualify for at least $10,000 in incentives. </li></ul><ul><li>Electric Incentives, Gas Incentives, Demand Response Incentives, Combined Heat and Power Incentives </li></ul><ul><li>Total incentives may not exceed 50% of project costs or $2 million per facility. </li></ul>Grants for Commercial Facilities
  13. 13. New York Energy $mart SM Programs to Cover
  14. 14. New Construction Program <ul><li>Technical assistance to evaluate and design energy efficiency options </li></ul><ul><li>Cash back for installation of cost-effective electric efficiency measures in new or renovated buildings </li></ul><ul><li>Additional incentives for green buildings, solar technologies, peak-load management and energy benchmarking. </li></ul>Various Incentives and Rebates for New Construction Commercial Facilities
  15. 15. New Construction Program: Eligible Project Types <ul><li>New Construction Project : New building, or a portion within a new building </li></ul><ul><li>Substantial Renovation Project: </li></ul><ul><li>A change of use and reconstruction of an existing building or space within; </li></ul><ul><li>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 </li></ul><ul><li>Reconstruction of a vacant structure or space within a building. </li></ul>
  16. 16. New Construction Program: Three Approaches <ul><li>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. </li></ul><ul><li>Whole Building Design with Green Building Option: P romotes 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. </li></ul><ul><li>Custom Approach: Through this approach, potential energy saving opportunities and associated incentives are calculated for a variety of individual measures. </li></ul>
  17. 17. New York Energy $mart SM Programs to Cover
  18. 18. Multifamily Performance Program <ul><li>New program (May 2007) </li></ul><ul><li>Existing Buildings and New Construction </li></ul><ul><li>Market Rate and Affordable </li></ul><ul><li>20% ENERGY REDUCTION TARGET </li></ul><ul><li>Provide incentives for energy and energy-related improvements </li></ul>
  19. 19. MFP Incentives
  20. 20. MFP Process <ul><li>Hire a Multifamily Performance Partner  . </li></ul><ul><li>Complete a Program Application and Participation Agreement. </li></ul><ul><li>Benchmark your project. </li></ul><ul><li>Develop an Energy Reduction Plan. </li></ul><ul><li>Implement the Energy Reduction Plan. </li></ul><ul><li>Confirm achievement of the target. </li></ul>
  21. 21. New York Energy $mart SM Programs to Cover
  22. 22. Photovoltaic Incentives <ul><li>Cash incentives to bring down the cost of PV systems 30%. </li></ul><ul><li>First come/first serve. </li></ul><ul><li>Systems must be connected to utility grid. </li></ul><ul><li>Available only to eligible installers; must be passed on to customer </li></ul><ul><li>Website: </li></ul>
  23. 23. PV Incentives- Residential <ul><li>Standard Residential Systems: </li></ul><ul><li>Up to first 4 kW: $3/watt, or $3,000/kW </li></ul><ul><li>5kW – 8 kW: $2/watt, or $2,000/kW </li></ul><ul><li>Building Integrated Systems: </li></ul><ul><li>Up to 5kW: $4.50/watt, or $4,500/kW </li></ul><ul><li>6kW – 10 kW: $3.50/watt, or $3,500/kW </li></ul><ul><li>ENERGY STAR Labeled Home: </li></ul><ul><li>Up to 5kW: $4.50/watt, or $4,500/kW </li></ul><ul><li>6kW – 10 kW: $3.50/watt, or $3,500/kW </li></ul>
  24. 24. PV Incentives- Commercial <ul><li>Standard Non-Residential Systems: </li></ul><ul><li>Up to first 40 kW: $3/watt, or $3,000/kW </li></ul><ul><li>40kW – 80 kW: $2/watt, or $2,000/kW </li></ul><ul><li>Building Integrated Systems: </li></ul><ul><li>Up to 25kW: $4.50/watt, or $4,500/kW </li></ul><ul><li>26kW – 50 kW: $3.50/watt, or $3,500/kW </li></ul><ul><li>School, Non-Profit, Government: </li></ul><ul><li>Up to 25kW: $5.00/watt, or $5,000/kW </li></ul>
  25. 25. New York Energy $mart SM Programs to Cover
  26. 26. Energy $mart Loan Fund <ul><li>Only for Residential Projects. Loan Fund for Commercial Projects suspended. </li></ul><ul><li>Provides low-interest loans through participating lenders for energy efficient improvements . </li></ul><ul><li>4.0% buy-down on the interest rate of the loan with a 3% floor. </li></ul><ul><li>Download the “Loan Fund Borrower Package” at </li></ul>
  27. 27. Diana Pangestu, Energy $mart Communities Coordinator – Manhattan and Staten Island Solar One Email: [email_address] Ph. (212) 785-0734 Contact Information NYSERDA