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Jan 2015 funding opps webinar jan 13
- 1. Audio Access To access the audio portion of this presentation: Dial 1 +(888) 858-2144 When prompted, enter the Meeting Access Code: 7177356#7177356#
- 2. Webinar January 13, 2015 Noon Mountain TimeWebinar January 13, 2015 Noon Mountain Time
- 3. Objectives of this Conversation: Explore Utility company-based EE and Sustainability Programs: Energy audits, rebates, preferred contractor list Investor-owned Xcel EnergyInvestor-owned Xcel Energy Consumer-owned United Power U.S. Bank loan options specific to SMEs, EE and Sustainability
- 4. Presenters: Matt Varilek Small Business Administration, Region VIII Communications Director Martha Young Founder, Sustainability4SMEs; business analyst and writer Emily Startz / Sam DomeierEmily Startz / Sam Domeier Xcel Energy Product Portfolio Managers, business energy efficiency (DSM) programs Manage Xcel Energy’s CO audits/studies and energy efficiency financing programs Doug Priest U.S. Bank representative and liaison through Xcel Energy alliance Funding the Green Industry since 2000 Tom Green United Power community affairs and key accounts representative. Tom has more than 20 years’ experience in the electric cooperative world performing a variety of member services duties.
- 5. •US SBA Region VIII Communications Director •Opening remarks•Opening remarks
- 7. Why we are conducting this webinar: 51.0% 50.0% 60.0% Rebates and Incentives Utilized 21.0% 25.0% 33.0% 12.0% 7.0% 0.0% 10.0% 20.0% 30.0% 40.0% Federal energy-related incentives including rebates and tax credits State energy-related incentives including rebates and tax credits Utility company rebates Manufacturer or Vendor rebates None, we have not utilized any of these programs Other
- 8. Cost as a Hurdle 31.1%35.1% Hurdles Encountered with Green Implementations Employee apathy Leadership initially not on board with the efforts Local regulatory policies State regulatory policies 18.9% 17.6% 14.9% 10.8% 50.0% 10.8% 14.9% 50.0% 32.4% State regulatory policies Federal regulatory policies Lack of info on how to implement the initiative Upstream supply chain unwilling to comply with requests Upstream supply chain unable to comply with requests Initiative was too expense to implement Initiative was too complex to implement Initiative interfered with other business processes
- 9. Xcel Energy Emily Startz / Sam Domeier Xcel Energy Product Portfolio Managers, business energy efficiency (DSM) programs Manage Xcel Energy’s CO audits/studies and energy efficiency financing programs
- 10. Xcel Energy Business energy efficiency (DSM) programs Audits & studies (Energy Analysis, Building Tune-Up, Small Business Lighting, Refrigeration, Recommissioning) Equipment efficiency (Compressed Air, Cooling, Energy Management Systems, Heating, Lighting, Motor and Drive Efficiency) Customized solutions (Business New Construction, Custom Efficiency, Process Efficiency) Interruptible & time of use (Interruptible Service Option Credit)
- 11. Xcel Energy Energy Efficiency Financing Financing is provided and serviced by third-party lenders Business financing approval and review is performed byBusiness financing approval and review is performed by the lender Xcel Energy rebates can and should be used in conjunction with business financing Businesses can choose to finance projects using a lender that is not affiliated with Xcel Energy
- 13. Xcel Energy Estimate Monthly Payments Business FinancingBusiness Financing Information Sheet Case studies Talking points
- 14. U.S. Bank Doug Priest, representative and liaison through Xcel Energy alliance Funding the Green Industry since 2000Funding the Green Industry since 2000
- 15. U.S. Bancorp Equipment Finance 48 Hour Underwriting 30 Day Funding 125% Financing $399 Filing Fee$399 Filing Fee Credit Based up to $150,000 3, 4 and 5 year terms Funding in the 25 Western States 25cross the nation
- 16. Municipal Government and Non-Profit Entities Specializes in leasing and financing for municipal and non-profit issuers Tax-exempt leases Taxable / FMV leases Tax-exempt conduit issues Industrial development bonds Equipment types include Computers and networking equipment Telecommunications Medical – imaging, radiology, robotics, EMR Aircraft, ambulances, fire trucks Energy management Water storage and metering Parking meters And more U.S. Bank is not responsible for and does not guarantee the products, service or performance of third party providers. U.S. Bank and its representatives do not provide tax or legal advice. Each client's tax and financial situation is unique. Clients should consult their tax and/or legal advisor for advice and information concerning their particular situation.
- 17. United Power Tom Green is the community affairs and key accounts representative. Tom has more than 20 years’ experience in the electricTom has more than 20 years’ experience in the electric cooperative world performing a variety of member services duties.
- 18. United Power Consumer-owned utility cooperative 2nd largest in the state of Colorado and growing Energy audits Energy Management Tools & ResourcesEnergy Management Tools & Resources Energy calculators, Success stories and how-to Rebates Renewable energy Commercial & Industrial Street, Area and Security lighting
- 19. EE Rebates Available Today United Power offers rebates on select Energy Star ® electric appliances, high-efficiency electric water heaters, ground-source and air-source heat pumps, electric thermal storage systems, high-efficiency electric motors, solar electric and solar hot water installations and small wind systems. Rebates for energy efficiency are enhanced by the cooperative’s wholesale power provider, Tri-State Generation & Transmission. Appliance to Date Units United Power Tri-State 2014 Rebates Air Source Heat Pumps 54 $17,750 $30,825 $38,575 Heat Pumps 54 $17,750 $30,825 $38,575 Ground Source Heat Pumps 340 $143,950 $89,013 $232,963 Electric Water Heater 61 $21,360 $4,775 $26,135 ENERGY STAR Applicances 1,943 $15,610 $74,140 $89,750 Electric Motors 1 $100 $800 $900 Variable Speed Motor 1 $100 $3,800 $3,900 ECM Motors – Pilot Pjt 1 $0 $6,600 $6,600
- 20. Peak Demand Reduction To manage United Power’s growing summer peak, the cooperative began installing load control devices on member air conditioners in 2008. The devices cycle air conditioners on and off for brief intervals during high demand days to reduce expensive peak power purchases. Residential members receive a $30 bill credit each year they participate. Commercial members receive a rebate of $9 per ton on commercial systems. The Cycled Air program now reaches 5,100 homes. During a hot summer day, United Power can shed over 6.5 MW of high price peak power saving the utility hundreds of thousands of dollars—a savings we pass on to participating members through an annual bill credit.
- 21. Other Incentives Time of Day Commercial Lighting LED Bulb Rebates Net MeteringNet Metering Solar Electric & Solar Hot Water Incentives Small Wind Incentives Community Projects
- 22. United Power Demand metering Economic development Resources and Programs Tax incentivesTax incentives Preferred vendors/contractor lists Customer recognition for EE and Renewables
- 25. Wrap Up David Leavitt, U.S. Small Business Administration, Region VIII Communications Director