This document discusses the value of energy data and provides tips for improving energy efficiency. It recommends analyzing 36 months of utility bill data to identify savings opportunities. Engaging more participants in data sharing programs allows utilities to offer cost-effective efficiency programs. Various energy efficiency case studies and technologies are presented, such as lighting upgrades, building envelope improvements, and combined heat and power systems. Tracking energy usage can help set efficiency targets and baselines to work towards.
A high performance green building is designed for economic and environmental performance over its entire life cycle, considering unique local climate and cultural needs and providing for the health, safety and productivity of its occupants. With continuous care over its life cycle, it minimises energy use, CO2 emissions, and total environmental impacts, and provides ongoing measurable value to building owners, occupants and society.
A high performance green building is designed for economic and environmental performance over its entire life cycle, considering unique local climate and cultural needs and providing for the health, safety and productivity of its occupants. With continuous care over its life cycle, it minimises energy use, CO2 emissions, and total environmental impacts, and provides ongoing measurable value to building owners, occupants and society.
CIB World Building Congress Presentation: Life Cycle Energy Analysis of Resid...Melissa Gaspari
This presentation accompanies the research that incorporates human and social aspects into a Life Cycle Energy Analysis to support decision making, and a means to align the most effective life cycle improvements to the social intentions of home owners. It is a preliminary paper in hope to begin to fill the gap in connecting social aspects with lifecycle decision-making
Achieving net zero energy at scale gb12 111512Tom Hootman
Presentation on Achieving Net Zero Energy at Scale outlining the 6 best practices learned from work at NREL and other large scale net zero energy projects. Co-presented with Shanti Pless and David Okada.
Energy efficiency is a power house job creator. Recent research from ACEEE finds that changes to Pennsylvania’s energy efficiency laws could deliver more than 30,000 jobs to the Commonwealth. What do these jobs look like, and how do we make them a reality?
Casestudy of the HVAC systems for the LEED Platinum IGS Building
A presentation by Joe Ventresca of Max Green
Presented at the Columbus Green Building Forum's 2011 Green Building EXPO
A short and sweet guide to making your business more energy efficient by making changes to your lighting. Created by the Camden Climate Change Alliance and aimed at businesses based in the London Borough of Camden, UK. For more information please visit www.camdencca.org
The route and how Japan has successfully implemented energy efficiency for better utilization of their energy resources and sustaining their economy to grow
AlveCor Energy Solutions Referral Programjcorbier1
AlveCor Energy Solutions offers High-Yield Energy Savings Solutions for large electric purchasers. If you want to save a minimum of 8% per year on your electric costs and earn a GUARANTEED minimum of 33% annual interest on your investment, contact us. We'll conduct an initial evaluation of your situation for free and tell you if you qualify.
How to Win an Investment Approval from your BoardEMEX
Many companies struggle to create compelling business cases for large investment in Energy Reduction projects. The Ignite team has been helping clients for over 20 years to provide proof of concept and financial justification that can be seen directly in client P&Ls which in turn gives Board members faith in the deliverable outcomes of investment in Energy Efficiency.
CIB World Building Congress Presentation: Life Cycle Energy Analysis of Resid...Melissa Gaspari
This presentation accompanies the research that incorporates human and social aspects into a Life Cycle Energy Analysis to support decision making, and a means to align the most effective life cycle improvements to the social intentions of home owners. It is a preliminary paper in hope to begin to fill the gap in connecting social aspects with lifecycle decision-making
Achieving net zero energy at scale gb12 111512Tom Hootman
Presentation on Achieving Net Zero Energy at Scale outlining the 6 best practices learned from work at NREL and other large scale net zero energy projects. Co-presented with Shanti Pless and David Okada.
Energy efficiency is a power house job creator. Recent research from ACEEE finds that changes to Pennsylvania’s energy efficiency laws could deliver more than 30,000 jobs to the Commonwealth. What do these jobs look like, and how do we make them a reality?
Casestudy of the HVAC systems for the LEED Platinum IGS Building
A presentation by Joe Ventresca of Max Green
Presented at the Columbus Green Building Forum's 2011 Green Building EXPO
A short and sweet guide to making your business more energy efficient by making changes to your lighting. Created by the Camden Climate Change Alliance and aimed at businesses based in the London Borough of Camden, UK. For more information please visit www.camdencca.org
The route and how Japan has successfully implemented energy efficiency for better utilization of their energy resources and sustaining their economy to grow
AlveCor Energy Solutions Referral Programjcorbier1
AlveCor Energy Solutions offers High-Yield Energy Savings Solutions for large electric purchasers. If you want to save a minimum of 8% per year on your electric costs and earn a GUARANTEED minimum of 33% annual interest on your investment, contact us. We'll conduct an initial evaluation of your situation for free and tell you if you qualify.
How to Win an Investment Approval from your BoardEMEX
Many companies struggle to create compelling business cases for large investment in Energy Reduction projects. The Ignite team has been helping clients for over 20 years to provide proof of concept and financial justification that can be seen directly in client P&Ls which in turn gives Board members faith in the deliverable outcomes of investment in Energy Efficiency.
Research Support Facility: Three years of net zero operations, occupants, and...Shanti Pless
October 8th, 2015 Center for the Built Environment Industry Advisory Board Keynote on our efforts to deliver long term net zero energy performance at NREL
SBC on energy efficiency for SMEs Dec 2015Barbara Albert
This presentation helps small and medium sized business become a more profitable business by helping them increase their energy efficiency.
SMEs are struggling with the ever rising energy costs that are adding to the overhead. It is also hard to get a proper handle on analysing bills and managing energy in a small to medium sized organisation as there is no money for a dedicated person to manage this area. And increasingly customers expect businesses to do the right thing and to be more sustainable. At the intersection of these three forces is the fear that competitors might do a better job.
This presentation helps SMEs think about ways on how they can manage their energy consumption so they spend less on utilities. This increases the bottom line and as a side effect, the business also understands and controls their energy consumption. If the success stories are shared well, customers will think positively about the company, which will further increase profits. Businesses will feel so much more confident about doing their bit and will have a more profitable business by following the steps that are outlined in this presentation.
Top 10 Products That Save Money - David McDougall, EnerNOCMassRecycle
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 www.massrecycle.org.
Variable refrigerant flow (VRF) systems, which were introduced in Japan in 1982, have become popular in many countries, yet they relatively unknown in the United States. VRF systems can condition multiple zones in a building, each of which may have different heating and cooling needs. Using sophisticated control technologies, VRF systems can modulate amount of refrigerant sent to each zone independently and in tune with diverse and changing space conditioning loads, providing substantial energy savings.
To learn more about the many VRF benefits read our guide below:
NY REV: How You Can Take Advantage of New York's Revolutionary VisionEEReports.com
REV will encourage & reward consumers to use new technologies to control energy usage. Our guide will show you how to benefit from this unprecedented initiative.
Green Homes, Islamabad Presentation .pdfticktoktips
Green Homes Islamabad offers beautifully designed 5, 8, and 10 Marla homes near the airport and motorway. Enjoy luxury, convenience, and high rental returns in a prime location.
Oeiras Tech City, Developed by RE Capital and REIG, Will Become Lisbon's Futu...Newman George Leech
Oeiras Tech City, a historic development in the Oeiras municipality of Lisbon, is acquired by RE Capital and REIG. It is located on a 93,000-square-meter plot of land and combines co-living, business, and residential areas. It highlights ESG principles and is close to Tagus Park, which improves the urban landscape of Lisbon.
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...BrickAndBolt
Load-bearing walls are the backbone of any home construction, providing crucial structural support that carries the weight of the house above. For companies like Brick and Bolt Mysore and Bricknbolt Faridabad, understanding and properly implementing these elements are key to constructing safe and durable buildings.
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
Simpolo Tiles & Bathware
Tile ho,
toh Simpolo.
Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
Gain worldwide recognition in the field of ceramic building products through Research and Innovation and bring an enhanced lifestyle within reach for every household.
One FNG by Group 108 Sector 142 Noida Construction UpdateOne FNG
One FNG by Group 108 is launching a new commercial project in Sector 142 Noida. Office space and high street retail shops on the FNG and Noida Expressway. For more information visit the website https://www.onefng.com/
Need MCA leads? No sweat! MCAs are great for small biz funding. Learn how to snag top-notch leads: businesses needing cash, with repayment ability, decision-makers, and accurate contacts. Use content, social ads, lead platforms, partnerships, and capture processes for quality leads.
https://www.leadgeneration.media/blog/b/streamline-your-mca-sales-process-with-pre-qualified-leads
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...JagadishKR1
Immerse yourself in the epitome of luxury living at Urbanrise Paradise on Earth. These opulent 4 BHK villas, nestled off the prestigious Kanakapura Road in Bangalore, redefine elegance and sophistication. With meticulous craftsmanship, breathtaking design, and unparalleled amenities, Urbanrise Paradise on Earth offers a sanctuary where every moment is infused with luxury and serenity. Experience a life of grandeur and indulgence at this exclusive residential enclave.
MC Heights-Best Construction Company in jhanglaraibfatim009
MC Heights stands as the epitome of excellence in construction within Jhang. With a commitment to unparalleled quality and innovative design, MC Heights redefines urban living in the heart of Jhang. Offering luxurious residential spaces, cutting-edge commercial complexes, and vibrant community areas, MC Heights caters to the diverse needs of modern lifestyles. Our dedication to superior craftsmanship and customer satisfaction ensures that every aspect of MC Heights exceeds expectations, making it the premier choice for those seeking unparalleled sophistication and comfort in Jhang.
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
Not only drawing attention for immediate surroundings including commercial centers and private schools but also providing the easily accessible location with closeness to Tem Highway and connection roads, ongoing construction of 3rd Bridge Connection roads and Metro Projects
Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
465 flats and 34 stores are designed with an outstanding approach and arranged with a unique perspective offering the following options: 1 plus 1, 2 plus 1, 3 plus 1, 3.5 plus 1, 4 plus 1, and 4.5 plus 1. It is planned so as to safeguard you and your loved ones based upon a modern, technological safety approach. As you experience the joy and luxury here, you will be content and feet at ease.
It is worth seeing both inside and outside with heart-warming cafes, tasty restaurants and elegant stores… And it is ready to offer a vivacious social life with a warm and cozy space design.
A folding swimming pool and indoor swimming pools, playgrounds, Turkish bath, sauna… It has them all. Everything you need for your well-being and for having a pleasant time will be at your service. You simply need to align the rhythm of life with the rhythm of Referans Bahcesehir.
https://listingturkey.com/property/referans-bahcesehir/
Avrupa Konutlari Yenimahalle - Listing TurkeyListing Turkey
Welcome to Avrupa Konutları Yenimahalle, where luxury living meets unparalleled convenience in the heart of Istanbul. Developed by Artaş Holding, one of Turkey’s leading construction companies, this prestigious residential project offers a contemporary lifestyle experience like no other.
https://listingturkey.com/property/avrupa-konutlari-yenimahalle/
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...Joseph Lewis Aguirre
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus on Public Safety as Job #1, Engagement, Wealth of HOA, Branding, Communication, Culture, Civic Responsibility
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
Scanning tenants in NYC requires a thorough and compliant approach to ensure you find reliable renters. For a positive rental experience, consider hiring a property management service. Belgium Management LLC specializes in NYC rental property management and tenant relationship management. We prioritize tenant satisfaction, making us a trusted name in New York property management. Our dedicated team ensures tenants feel valued and supported throughout their lease.
Torun Center Residences Istanbul - Listing TurkeyListing Turkey
THERE IS LIFE IN ITS CENTER!
The most energetic spot of the city that will add utterly different pleasures to your life, with a park that will make Istanbul breathe, delighting indoor and outdoor bistros, cafes, restaurants, the brand-new Food Hall concept, where dozens of unique tastes are served together, market area, cinema, theater, fitness club, SPA and event venue...
All the pleasures that will enrich your lives are awaiting you on the most beautiful side of the city, at Torun Center Residences. In Mecidiyeköy, where the heart of Istanbul beats, business, life and entertainment opportunities are located at the exact center, at Torun Center, the most beautiful side of the city.
Penthouse apartments and different styles of flats from 1 + 1 to 4 + 1, from 100 to 425 square meters in a 42-story residence tower, have been designed for those who want to live in the center of magnificence. Torun Center is the redefinition of a better life with specially landscaped floor gardens, apartment options with private balconies, and automatic glass systems equipped with Trickle Ventilation that offers clean air comfort.
Business and life in the same place
Excellent service
Torun Center has many delightful details, from a swimming pool to sunbathing and resting terrace. With 24/7 concierge services, 24/7 security, valet, technical service, closed-circuit camera system (CCTV), central heating and cooling system, it makes your life easier.
Delightful details
The two-story Torun Center Lounge, with its indoor and outdoor seating areas, children's playroom, private dining and TV lounge, promises unforgettable memories to you and your loved ones with its unique Istanbul view.
Neighboring to the most pleasant square of Istanbul
A few steps from the Torun Center Residences, you can reach the city's most modern city square and open the doors of a quality city life. Torun Center Residences brings together on the same project the long-awaited city life for Istanbul and gourmet restaurants, cafes, gym and SPA, and state-of-the-art cinema and Artı Stage, hosting the most famous plays of the season.
Located at the intersection of alternative public transportation options such as the metro and Metrobus, Torun Center comes to the fore as the most accessible office for both sides of Istanbul. With a central location and rich transportation lines, Torun Center offices make life easier for employees and increase productivity.
3. 7/2/2015
2
Proprietary & Confidential
The Value of Energy Data
George Belich
Energy ISA / EE Reports
35 years in the energy industry
as a Software engineer, systems
integrator, hardware developer,
product manager and
entrepreneur.
George has a proven track
record of bringing various
vendor solutions and
technologies together within
the energy management field.
4. 7/2/2015
3
Proprietary & Confidential
Valuable data can lead the way
Requirements can be problems
but this is an opportunity
The fine is much less than the
long term gains
36 months of utility bill data can
be revealing and reasonably
implemented
More participants will allow for
cost effective programs from
utilities and energy suppliers
Initial years of data showing
overall savings
You are working with a constantly
evolving tool
7. 7/2/2015
6
Proprietary & Confidential
The Score?
Define your building and utilities
Compare to others
Define Data normalized to weather
Measuring stick to your energy plan
10. 7/2/2015
9
Proprietary & Confidential
Why Is Your EUI Not Improving?
Perform the same analysis
Upward trends show some asset has lost its way
Note slight rise in cost here
This may be a high demand
due to some operation
11. 7/2/2015
10
Proprietary & Confidential
Simple Analytics Usage vs. Demand
The idea is to have a flat of a line as possible
From your utility bills take the simple relationship of monthly demand to monthly usage
Load factor is the total usage divided by the usage if you operated at the demand level for
the whole month
Close to 100 is ideal but not possible most of the time due to building operational
requirements
Low load factor implies the demand may be to high for the operational period. Detailed
load profile data from a utility or sub meter may be required to determine the time frame
that this occurred in.
Good Load Factor Bad Load Factor
12. 7/2/2015
11
Proprietary & Confidential
Taking On Projects
Have an energy efficiency audit done
Begin actions for efficiency
Obtain more detailed data from sub meters
Implement systems for energy management
Measure and verify your projects
13. 7/2/2015
12
Proprietary & Confidential
The Roadmap to Opportunities
Marc Karell
CCES /EE Reports
Licensed Professional Engineer
(P.E.), Certified Energy Manager
(CEM), and Existing Building
Certification Professional
(EBCP), with over 25 years of
experience.
Marc has a proven track record
of reliably performing energy
upgrades and complying with
current energy regulations –
and does so for the greatest
cost benefit.
15. 7/2/2015
14
Proprietary & Confidential
LL 87 Required Energy Work
Retro-commissioning certified by professional (i.e., EBCP) is a study reviewing
your current systems to ensure you are getting your money’s worth in operating
your systems
– LL 87 contains 28 areas that must be reviewed
– Low/no-cost upgrades of systems operating improperly must be implemented
Energy audit (ASHRAE II) certified by professional P.E. or CEM
– Interviews with operating personnel
– Review historic energy use data
– Site visits to see and review all major energy using equipment and building
– Estimate energy usage of different functions (HVAC, lighting, etc.)
– Develop ECMs to save you energy and costs
You do not HAVE to implement the ECMs, but ……
16. 7/2/2015
15
Proprietary & Confidential
Don’t Think of LL 87 As Only for Compliance,
It Is An Opportunity For Great Financial Benefits
Yes, reports must be submitted on time or else! And poor reports
may be rejected and made to be re-done!
But there are also many positive benefits. It gives you info to
upgrade your systems to save you a lot of $!
Audit ECMs result in significant energy cost savings, good paybacks,
and strong ROIs. And incentives and low interest loans exist for
positive cash flow.
17. 7/2/2015
16
Proprietary & Confidential
ECMs
Feasible, site-specific strategies to improve your energy efficiency,
reducing your energy usage and costs.
All result in major energy cost savings that will pay back initial
capital costs and much more.
– Energy is a growing segment in a building’s cost and with rising energy rates in
the future.
And there are many secondary financial benefits, too.
18. 7/2/2015
17
Proprietary & Confidential
Additional Financial Benefits On Top Of Direct Cost Savings
A more energy efficient building attracts more potential tenants:
– Higher rents, greater re-sale value.
– You have the upper hand!
Lower O&M costs. For example, your O&M staff will need to replace LED lights
much less often than others, freeing them for other tasks. This:
– Reduces your costs even further,
– Allows you to better meet deadlines, and
– Reduces risk of accidents of staff going up on cherry pickers and ladders.
19. 7/2/2015
18
Proprietary & Confidential
Additional Financial Benefits On Top Of Direct Cost Savings
New ECM technologies also results in reduced capital expenses and
storage space requirements.
Better comfort and lighting improves worker productivity and retail
sales. Not hypothetical: proven!
– Studies show that better temperature control and better lighting result in more
focused and productive workers and happier shoppers.
20. 7/2/2015
19
Proprietary & Confidential
ECM Case Study: Light Industrial/Office Buildings
Two light industrial/office buildings wished to reduce their high
energy costs and had a professional energy audit done, revealing a
number of ECMs; building owner implemented most, including:
– Replacement of windows
– Installation of new insulation on exterior walls and roof
– Fuel switched from No. 6 oil to natural gas and new, more efficient boiler
– Installation of new temperature control system
– Lighting upgrade
– Installation of solar hot water and PV systems
Building owner realized these benefits from the ECMs:
– Reduced energy costs in first year by over 60%
– Allowed owner to renovate a rarely used portion of building, allowing them to rent it,
bringing in additional revenue
– Significantly reduced time spent in O&M, freeing staff for other tasks
– Improved comfort level of staff, raising productivity
21. 7/2/2015
20
Proprietary & Confidential
Proven Advanced EE Technologies
Andy Padian
PadianNYC Consulting/NESEA
30 years of experience in the
unique building science of
multifamily buildings, and has
performed detailed energy
analysis on hundreds of
buildings across the country.
Mr. Padian is a frequent
contributor to energy and
sustainable publications, and
has spoken at numerous
conferences across the country
over the last 30 years.
22. Anytime you look at a group of your buildings,
the difference in energy use per square foot
always looks like these graphs:
0.00
5.00
10.00
15.00
20.00
25.00
30.00
35.00
1 22 43 64 85 106 127 148 169 190 211 232 253 274
Series1
0
5
10
15
20
25
30
35
40
Heat
Hot Water
0
20
40
60
80
100
120
<200 200-249 250-299 300-399 400-499 500-599 600-699 700-799
Dual Fuel
Oil
Gas
Drop Page Fields Here
Count of Fuel/Room
Range
FUEL TYPE
Fuel Cost/Room ($)
0
5
10
15
20
25
30
35
40
45
50
1
($/ft2/Year)
21
Proprietary & Confidential
23. As stated previously, that is why it
is important to find out how much
energy you are using, and which
devices/appliances/systems are
causing you the greatest usage and
cost.
22
Proprietary & Confidential
24. Let’s Look at lighting for a minute
• 20 years ago, we converted
incandescent to fluorescent, saved
66% with 500% increase in lifetime
• Today, you can take that lighting out,
save another 50% and with another
500% increase in lifetime
23
Proprietary & Confidential
25. Energy Efficiency
& Energy Costs
Light Emitting
Diodes (LEDs)
Incandescent
Light Bulbs
Compact
Fluorescents
(CFLs)
Life Span (average) 50,000 hours 1,200 hours 8,000 hours
Watts of electricity used
(equivalent to 60 watt bulb).
6 - 8 watts 60 watts 13-15 watts
Kilowatts of Electricity used
(30 Incandescent Bulbs per year
equivalent)
329 KWh/yr. 3285 KWh/yr. 767 KWh/yr.
Annual Operating Cost
(30 Incandescent Bulbs per year
equivalent)
$32.85/year $328.59/year $76.65/year
Chart courtesy of : http://www.designrecycleinc.com/led%20comp%20chart.html
Lighting Comparisons: Watts, Hours, Costs
24
Proprietary & Confidential
26. Remember Your Old Hot Water Maker?
Old Model 50% Efficient
New Model 90+ Efficient
And there is a much more
efficient way to generate hot
water and save more energy
25
Proprietary & Confidential
27. Combined Heat and Power (CHP)
and Tri-Generation
Cogeneration or combined heat and power
(CHP) is the use of a heat engine or power
station to generate electricity and useful heat at
the same time. Trigeneration or combined
cooling, heat and power (CCHP) refers to the
simultaneous generation of electricity and
useful heating and cooling from the combustion
of a fuel or a solar heat collector.
26
Proprietary & Confidential
30. Chiller/HVAC/ Controls/Process
Efficiency
• Many building still manually controlled
• Maintenance/Management making daily
decisions
• Too much time spent running systems
• Need better control systems with excellent
documentation
• Off the shelf or custom?
• Great when coupled with Smart Thermostats and
Cloud-based Automation Solutions
29
Proprietary & Confidential
31. Fuel Switching
• If coupled with an energy efficiency retrofit,
usually a great idea
• Changing boilers, make sure you’re increasing
efficiency
• Gas is cheaper than oil now, wasn’t 10 years
ago
• Fuel flexibility is always a good idea
30
Proprietary & Confidential
32. Other Simple Cutting Edge
Technologies
• Thermal and Battery Storage
• Demand Response Enablement
31
Proprietary & Confidential
33. 7/2/2015
32
Proprietary & Confidential
No/Low Cost Financing Options
Posie Constable
NYC Energy Efficiency
Corporation
Posie heads NYCEEC’s efforts to
create the financial innovation
to help NYC’s building owners
and project developers
implement clean energy
projects such as heating system
conversions, solar thermal and
solar PV, efficient lighting
retrofits, cogeneration, passive
house construction and other
technologies.
35. 34
NYCEEC’s OBJECTIVE FOR THIS WEBINAR
Introduce NYCEEC
Tell you about NYCEEC’s flexible financing in NYC
− Fund up to 100% of project costs
− Partners with all incentive providers
− Use savings to pay back loan
Learn about your projects that need financing
NYCEEC can tailor a financing solution to
meet your project needs
36. 35
ABOUT NYCEEC
Established in 2011, NYCEEC is a non-profit specialty finance company
that develops financing solutions for projects that save energy or reduce
greenhouse gases
NYCEEC provides loans and technical expertise to make NYC buildings
cleaner, greener and more affordable
NYCEEC was initially funded and supported by the US Department of
Energy, City of New York and private philanthropic foundations
38. 37
LOANS FOR CLEAN ENERGY PROJECTS
Energy Efficiency
HVAC equipment upgrades
Lighting upgrades
Building management systems
Controls
Clean Fuel Conversion
Converting from dirty oil to cleaner
alternatives
Renewables
Solar PV
Solar thermal
Cogeneration
Combined heat power (CHP)
Fuel cells
Demand Response
Demand response enablement
Battery storage
NYCEEC provides financing for a broad range of projects, including:
39. 38
NYCEEC LOAN BENEFITS
Up to $6 million for clean
energy projects
Technical guidance Flexible loan structure
Up to 100% upfront
equipment costs
Clean energy project
analysis
Interest-only loans
Multiple draws
Capitalized interest
Partners with all incentive
providers
Generally no additional
requirements above the
incentive programs
Finance costs not covered
by incentives
Construction costs
Engineering quality
assurance
Soft costs (energy
surveys)
Performance evaluation
40. 39
DIRECT LENDING: POTENTIAL PROJECTS
Borrowers can be building owners, vendors and project developers
Commercial
buildings
(office, retail,
hospitality, etc.)
Healthcare &
educational
Facilities
(universities, K-12,
non-profit and
religious facilities)
Multifamily
(co-op, condo,
rentals, over 5
units)
Ineligible:
municipal
buildings and
single family
Property types including:
41. 40
INDICATIVE PROGRAM TERMS
Flexible financing solutions to meet borrowers’ needs
Deals can be closed within 3-6 weeks
Financing is subject to final credit approval
Loan to cost Up to 100% of project costs
Loan size Minimum $30,000; maximum $6,000,000
Term 3 to 10 years (Average: 5-7 years)
Average Interest Rate 6-7.5%
Amortization Fully amortizing loans over term of the loan
42. 41
LOAN PROCESS
Contact NYCEEC
Complete NYCEEC
Application
NYCEEC reviews loan
package
Potential site visit with
NYCEEC engineers
Credit review and
approval
Loan disbursement
Construction
1. Scope Project
2. Structure Loan
3. Finalize Loan
43. TITLE OF THIS PRESENTATION
S E P T E M B E R 2 3 2 0 1 5
DEAL SPOTLIGHTS
44. 43
ROOSEVELT LANDINGS
B Y T H E N U M B E R S
$5 million$7.4 million 1$818,000
PROJECTED ANNUAL
COST SAVINGS
Roosevelt Landings
wanted to upgrade
outdated systems and
improve the complex’s
resiliency.
The project’s technical
complexity and long
payback meant that
traditional loans were
not available.
T H E C L I E N T
CHALLENGE Roosevelt Landings is a mixed-income multifamily complex, consisting of 9 buildings
and over 1,000 multifamily dwellings.
NYCEEC’s expertise was key to structuring a financing strategy that made sense for
Roosevelt Landings and unlocked significant energy efficiency investment potential.
NYCEEC provided a $5 million loan under a combined energy services agreement and
power purchase agreement structure to fund energy efficiency measures and
cogeneration.
Construction began with no upfront costs
Energy cost savings used to repay loan
Pioneering use of ESA to finance EE in multifamily sector
Largest multifamily air sealing project to date
Improvements: Cogeneration, whole-building air sealing, floor slab insulation, networked
programmable thermostats and high-efficiency boilers
O V E R V I E W & T H E N Y C E E C S O L U T I O N
T H E R E S U L T S
118%
PROJECTED ENERGY
SAVINGS
NYCEEC LOANEE + COGEN PROJECT
45. 44
PASSIVE HOUSE: NEW CONSTRUCTION
B Y T H E N U M B E R S
$2.9 million$5.9 million
The real estate developer
sought flexible mortgage
financing that could
accommodate the
construction schedule and
needs of a highly energy
efficient buildout.
T H E C L I E N T
CHALLENGE NYCEEC partnered with BuildForward Capital and real estate developer Urban Artisan to
finance the first Passive House condominium in Manhattan. The project is a 6-unit
condominium in Harlem.
NYCEEC is the lead lender, providing a $2.9 million mortgage to cover construction costs.
NYCEEC’s loan enabled the construction of a new building efficiency standard. Passive House
is a voluntary international building standard that results in approximately 90% reduction in
heating and cooling energy use and up to a 75% reduction in total energy use compared to
current code-compliant building practices.
First Passive House project in Manhattan
Significant energy cost savings
Cost-efficient funding for highly energy efficient and innovative new
construction project
Improvements: New construction, ultra-low energy building built to Passive
House standards
O V E R V I E W & T H E N Y C E E C S O L U T I O N
T H E R E S U L T S
162%
PROJECTED
ENERGY SAVINGS
NYCEEC LOANEE PROJECT
46. 45
RIVER ARTS
B Y T H E N U M B E R S
$350,000$350,000
River Arts wanted to
convert to natural gas to
save money and comply
with Local Law 43.
The co-op needed rapid
access to financing to join
the 158th street natural
gas cluster in order to take
advantage of the no cost
gas connection from
ConEd.
T H E C L I E N T
CHALLENGE River Arts is a 244 unit co-op overlooking the Hudson River on Riverside Drive in Lower
Washington Heights.
NYCEEC is financing 100% of the project costs by providing a $350,000 loan. NYCEEC
quickly turned around a loan for the co-op, enabling it to join the natural gas cluster and receive
a no cost gas connection from ConEd.
In addition, NYCEEC is financing the co-op’s Local Law 87 audit and retrocommissioning
report and new building management system.
New in-unit sensors will improve tenant comfort
Comply with Local Law 43: Clean Heat
Comply with Local Law 87: Audits and Retro-commissioning
Energy cost savings used to repay loan
Significant greenhouse gas reduction
Improvements: Heavy #6 oil to natural gas conversion, in-unit sensors
O V E R V I E W & T H E N Y C E E C S O L U T I O N
T H E R E S U L T S
146%
PROJECTED
GHG REDUCTION
NYCEEC LOAN
EE + FUEL CONVERSION
PROJECT
$80,000
PROJECTED ANNUAL
COST SAVINGS
47. 46
FRANKLIN PLAZA
B Y T H E N U M B E R S
$285,000$3.8 million 1$2.2 million
PROJECTED ANNUAL
COST SAVINGS
Franklin Plaza was
enthusiastic about the
significant opportunity to
save money through
energy efficiency
upgrades, but lacked the
technical expertise and
financial resources to
make it happen.
Franklin Plaza was in the
process of refinancing its
mortgage with the NYC
HDC.
T H E C L I E N T
CHALLENGE Built in 1960, Franklin Plaza is an affordable multifamily co-op in East Harlem with 14
20-story buildings and 1,632 units.
Franklin Plaza sought a green mortgage from HDC’s and NYCEEC’s Program for
Energy Retrofit Loans (PERL). Through PERL, Franklin Plaza received an additional
$2 million specifically for energy upgrades, as part of a larger $36.7 million renovation
and refinancing.
NYCEEC provided the co-op with technical assistance, helping them prioritize the
energy efficiency upgrades that would modernize the facility and help keep apartments
affordable.
Co-op included energy upgrades as part of larger capital project
Preserved affordability and improved building comfort
Substantially modernized facility and upgraded building systems
Unlocked additional $1.8 million loan from NYC HPD
Improvements: #6 oil to natural gas conversion, separation of heat and hot water systems,
elimination of wasteful steam pipe, steam distribution improvement
O V E R V I E W & T H E N Y C E E C S O L U T I O N
T H E R E S U L T S
137%
PROJECTED
GHG REDUCTION
NYCEEC
CREDIT ENHANCEMENT
EE + FUEL CONVERSION
PROJECT
48. 47
CUBIT POWER SYSTEMS
B Y T H E N U M B E R S
$6.3 million$14.4 million
Cubit Power Systems
sought flexible, cost-
effective financing that
could match the
cogeneration project’s
construction schedule and
bridge the timing of
incentive payments.
T H E C L I E N T
CHALLENGE Cubit Power Systems sought financing to build and operate a cogeneration plant at a new
manufacturing plant in Staten Island.
The cogeneration plant will maximize the production of electricity to sell to the grid and,
secondly, maximize the use of waste heat for on-site manufacturing purposes.
NYCEEC provided a $6.3 million loan to fund the construction and operation of the
cogeneration project. Income from energy produced will repay the loan.
Highly energy- and cost-efficient manufacturing plant
Projected 34% energy use reduction
Significant GHG reduction compared to traditional manufacturing processes
Income from energy produced will repay the loan
Improvements: Cogeneration plant
O V E R V I E W & T H E N Y C E E C S O L U T I O N
T H E R E S U L T S
12%
PROJECTED
GHG REDUCTION
NYCEEC LOAN
COGENERATION
PROJECT
34%
PROJECTED
ENERGY SAVINGS
49. 48
SUMMARY
Flexible Offer a variety of custom financing solutions
Nimble Can close deals within 3 to 6 weeks
Innovative Engineers on staff provide technical support
NYCEEC provides innovative financing solutions and technical expertise
to help NYC building owners save money and transform their properties into
cleaner, greener and more affordable buildings.
51. 7/2/2015
50
Proprietary & Confidential
Investor Ready Energy Efficiency
Jeff Milum
EDF’s Investor Confidence
Project
Jeff leads the Environmental
Defense Fund’s Investor
Confidence Project (ICP), which
is implementing a system to
credential Investor Ready
Energy Efficiency™ projects.
Projects with the ICP seal will
benefit from reduced
transaction costs and actuarial
data that will unlock access to
capital markets.
55. BASELINING
• Existing Building
• Drawings
• Weather File
• Energy Usage
• Energy Rates
• Occupancy
ICP Energy Performance Protocols
SAVINGS
• Model File
• Calibration Data
• Bid Packages
• Certifications
COMMISSION
• Cx Plan
• Cx Authority
• Test Procedures
• Facilities Req.
OPERATIONS
• BMS Points
• Fault Plan
• Maintenance
Plan
MEASUREME
• M&V Model
• Regression
Model
• Adjustments
• Impact
• Baseline
Adjustments
Cx
54
56. Investor Confidence Project Protocols
Commercial Multifamily
Large Projects
(project size >$1M)
Standard Projects
(project size <$1M)
Targeted Projects
(limited interactivity)
EPP – Standard
Commercial
EPP – Targeted
Commercial
EPP – Large
Commercial
EPP – Large
Multifamily
EPP – Targeted
Multifamily
EPP – Standard
Multifamily
55
57.
58.
59.
60. Investor Ready Energy Efficiency™
IREE is the logo in the lobby,
like LEED but for a building
retrofit project.
59
61. “Energy efficiency is in a category by itself. With the
exception of one company packaging energy efficiency,
energy efficiency projects do not yet meet the
requirements of capital markets.
The industry is just too disaggregated. No two projects or
contracts are alike. Securitization is not practical or
possible under these circumstances.
Say you have 1,000 energy efficiency projects. Standard
& Poor’s would have to read 1,000 documents to assess
the risk. Fees won’t pay for that level of review.”
Michael Eckhart
Managing Director and Global Head of Finance and Sustainability at Citigroup
60
63. 7/2/2015
62
Proprietary & Confidential
Enhanced Incentives & Rebates
Tim Lezgus
Con Edison
Business Development
Manager for Con Edison’s C&I
Energy Efficiency and Demand
Management Programs.
Tim works to educate Con
Edison’s commercial customers
and market partners of
available utility incentives to
increase the energy efficiency
of Con Edison’s customers.
65. 64
Demand Management Program
• Con Edison still accepting new DMP
applications
• All DMP projects must be installed and
operational by June 1, 2016
• C&I Energy Efficiency program
extended until the end of 2016
• ETIP filing will layout Demand Side
Management programs beyond 2016
66. DMP Key Projects & Incentives
Project Current C&I
Incentives/kW
DMP
Incentive/kW
Total Customer
Benefit/kW
Thermal Storage $600 $2,000 $2,600
Battery Storage $600 $1,500 $2,100
HVAC/Controls/Process $0.16/kWh $1,250 $0.16/kWh + $1,250/kW
Lighting/LED $0.16/kWh $800 $0.16/kWh + $800/kW
DR Enablement $200 $600 $800
Non-Electric AC Steam AC Program $500-$1,000
CHP Incentives have not changed from original program. See:
NYSERDA PON 2568
Load Reduction Additional Bonus
Projects over 500kW Additional 10% of kW incentive
Projects over 1MW Additional 15% of kW incentive
Bonus first
installed, first
paid
65
67. Demand Response Enablement
• Facility must register in the New York Independent System
Operator (NYISO) Installed Capacity (ICAP) Special Case
Resources (SCR) Program; Proof of enrollment required
• Support for new DR equipment and software will not
exceed the incremental kW enabled to the NYISO ICAP
SCR Program
• New or existing generators – must permitted to
participate in Demand Response
• In addition to the NYISO SCR program, customers are also
eligible, but not required, to enroll in the Con Edison CSRP
and DLRP
66
68. 67
Commercial Real Estate – other measures
to consider
Electric:
• Lighting/LEDs/Occupancy
Sensors/Exterior Lighting
• Motor Replacements/Variable
Frequency Drives on Motors and Air
Handling Units
• Air Damper replacements
• Building Management/Energy
Management Controls Systems
• Elevator Motor/Controller replacements
• Kitchen/Refrigeration Equipment
• Plug Loads
• Data Center/IS/IT Infrastructure
Upgrades
Gas:
– Boiler/Hot
Water
Heater/Chiller
replacements
– Set-back
thermostats
– Insulation
69. Case Study - LED Lighting Upgrade
Overview
• Large office building, Midtown
Manhattan
• 595K square feet, 27 floors
• Project description: Lighting fixture
replacement in tenant areas
• Technology: 2L CFL fixture to 2L
LED engine
68
Before After Difference
Incentive $132,000 $262,000 $130,000
Payback 2.2 years 1.5 years 7 months earlier
68
70. Case Study - BMS Upgrade Overview
• Large office building, Midtown
• 1.7 million square feet, 42 floors
• Project Description: Replace old
pneumatic system with new direct
digital control (DDC) for better control
of building’s Chiller Plant and Air
Handlers
• Technology: Install new DDC
controllers and flat-screen monitoring
systems for the building control room
69
Before After Difference
Incentive $94,000 $450,000 $356,000
Payback 5.7 years 3.2 years 2.5 years earlier
69
Hi I am Posie Constable, Director of Business Development for New York City Energy Efficiency Corp. and I am really excited to be here to tell you about projects that we have financed that may be similar to measures that your building might install to save money, reduce energy use, improve tenant comfort and improve resiliency. That also translates into higher value for the building at the time of refinance or potential sale.
As I run through my slides, Ill leave it to you to follow the text, as I will be talking about finer point issues.
So here is what I hope to cover-
I want to tell you about NYCEEC’s flexible financing and how we fund up to 100% of project costs, partner with incentive providers and use the savings to pay back our loans.
And at the conclusion, I hope to have you come away with the view that financing shouldn’t be the obstacle to starting your clean energy project. We are here to help!!
NYCEEC is a 501c3 non-profit corporation.
Our mission is to provide clean energy financing solutions for private building owners across all building types in NYC.
We are not an agency of the City but we are closely aligned with their climate action goals.
We are not a bank, don’t take deposits and don’t have bank regulatory oversight-meaning, flexible underwriting and keen to solve your problems.
Since our founding in 2011 and through March of this year, this is what we have accomplished-
$50 million in projects across 45 buildings comprised of over 4.1MM SF. While impressive for a startup in a short period of time, we have lots of wood to chop to have an impact. Help us by bringing us your project!
So providing clean energy financing solutions-
We do this in 2 ways: (1) we provide financing for building owners both directly and indirectly through our lending partners, and (2) secondly, we provide technical assistance to our partners and building owners.
As such, we are staffed with business development and credit professionals and engineers.
We are both building and measure agnostic, so long as the project makes sense and saves energy.
These are some key measures we can fund.
No two of our projects look alike, which is to say that each building and measure has its own characteristics and pay backs. Contractors want to get paid out on their own timetable, and incentive awards also have unique milestones so NYCEEC aims to provide flexibility in our documents--multiple draws during construction, interest only until commissioning, covering engineering studies and soft costs, working with the utilities and incentive providers, etc.
Whether we provide a direct loan or an energy savings agreement, we have experience in working with banks, mortgage providers and utilities.
As I mentioned, we are building type agnostic, having funded multifamily, hospitality and industrial. We are currently restricted to buildings in the five boros but hope to put spandex in our boundaries soon!
We primarily provide minimally secured financing, based on the savings from the energy measures. This shows a range of some of our key terms.
That means we work with the contractors to determine how much the building will save per year, and match the loan term so that the savings cover the principal and interest. That means you wont have to put up any money up front and once the savings have paid us back, the rest of the savings for years to come reduce the building expenses-that means lower maintenance and more reliability.
We have developed a streamlined underwriting and approval process. We want to have an impact in NYC and that means we have to work quickly to help buildings take advantage of currently generous incentives! They wont be around for long so ACT NOW!
We have worked closely with coop Boards, we can come to your meetings and conduct site visits with you and the engineers and contractors to make sure the project is valid and one that saves energy and makes economic sense.
Hopefully, one of these projects that we have financed might look like what you envision for your building.
Roosevelt Landings is a 1000+ unit market rate multifamily rental for which NYCEEC provided $5MM in debt to cover cogen, efficient boilers, air sealing, insulation and in-unit thermostats.
We entered an ESA with the project developer, Urban Greenfit, along with a Power Purchase Agreement.
We had to negotiate with FNMA to get a security interest in the cogen via the ESA. Financing would otherwise have been difficult given the 8.8 year term, and technical complexity.
Combined measures save roughly $818,000 annually!
NYCEEC strongly supports Passive House standards for gut rehabs and new construction and we are leading the way in financing such projects. The air tight building envelopes, quality windows and doors, and ventilation and heat exchangers would be an ideal building standard for the City to adopt. As we increase our book on these projects and capture and publish the energy savings and tenant comfort, we hope to influence developers to incorporate these features.
We are funding a six unit new construction condo to passive house standards as well as a 4 unit rental gut rehab.
NYCEEC helped numerous buildings comply with the City’s LL43 Clean Heat initiative to eliminate dirty heating fuel. River Arts used NYCEEC financing to pay for their LL887 audit and incorporate EE measures along with converting to dual fuel to save money and reduce green house gas. The savings from the conversion and more efficient building management systems will cover the debt service and the building didn’t pay anything upfront.
Franklin Plaza, an affordable MF coop comprised of 14 twenty story buildings, was the first to use the (Program for Energy Retrofit Loans) program developed by NYCEEC and NYC HDC. This green mortgage product allowed the borrower to tap into addition funds because of the energy efficiency upgrades they installed. Replacing the aging #6 fired boilers and separating heating from domestic hot water will save the complex $2.2MM annually and help to preserve affordability.
Here, NYCEEC’s $6.3MM loan is part of a larger $14.4MM financing to construct a cogen powered ice plant in SI. The multiple draw loan matches the construction milestones and bridges NYSERDA incentives. The plant will produce electricity to sell to the grid to generate revenue, while using waste heat for on-site ice manufacturing. Income from the energy produced will repay NYCEEC’s loan. The project is expected to save the company $1.250MM annually.
In summary, here’s what we do and here is how.
Our operators are standing by!! Here is my contact info. Thank you.
THIS is where you go into you near short term goals
Keep near term simple. Increase Deal flow
I modified the long term – as I think reducing performance risk can be confusing.
Also – this is where to talk about transitioning to project finance
Our standard 2 slides – but – let’s explain the protocols as simply as humanly possible
I think we’ve transitioned away from this metaphor – but for this audience – I think maybe we want to use it