Finger Lakes Energy $mart Communities Program - PowerPoint PPT Presentation

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Finger Lakes Energy $mart Communities Program

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  1. Finger Lakes Energy $mart Communities Program Matthew Griffiths, Coordinator Genesee Finger Lakes Regional Planning Council

  2. What is NYSERDA? • Public Benefit Corporation • Created by the Legislature in 1975 • Conduct finance programs for • Energy and Environmental Research and Development • Deployment of Energy Efficient Technologies (residential & commercial) • Low Income Residential

  3. NYSERDA SBC Strategy • PSC’s Public Policy Goals • Improve system wide reliability and peak reduction thru energy efficiency actions • Improve energy efficiency and access to energy options for underserved customers • Reduce environmental impacts of energy production and use • Facilitate competition to benefit end-users • NYSERDA portfolio of +30 SBC Programs • Significant Progress Towards Goals

  4. NY SBC Program Budget Allocation($787 Million – June 2001 thru June 2006)

  5. SBC Eligible Participants • Central Hudson Gas and Electric Corp. • Consolidated Edison Co. of New York, Inc. • New York State Electric and Gas Corp. • National Grid • Orange and Rockland Utilities, Inc. • Rochester Gas & Electric

  6. NYSERDA’s R&D Programs • Research and Development • Provide financial/technical assistance to New York businesses who are developing energy/ environmental technologies • New products manufactured in New York • Innovative processes that save energy • R&D Programs • Industry • Buildings • Energy Resources • Transportation and Power Systems • Environment

  7. What’s Hot • Distributed Generation/Combine Heat & Power • Industrial Process Improvements • Renewable Technologies • RPS Procurement • Site Renewable Mfg Plants • Transmission & Distribution - NYSERDA/Electric Power Research Institute (EPRI) developing a statewide strategic R&D plan • Hydrogen Infrastructure

  8. Technical Assistance Objective: Establish network of TA providers • Feasibility Studies • Energy Operations Management • Rate Analysis & Aggregation • CHP & Renewable Generation • FlexTech • Audits

  9. FlexTech • 36 engineering firms under contract with NYSERDA • First come, first serve • All types of energy engineering assistance is eligible • NYSERDA reimburses customer up to 50% of the study cost up to a maximum of $50,000

  10. Energy Audit Program • Small businesses and other facilities • Helps identify improvements that yield electric savings • Audit cost depends on annual electric bill Annual Electric BillEnergy Audit Fee Less than $12,000 $200 $12,000 - $48,000 $400 $48,000 - $100,000 $600 Audit fee is refundable if recommended measures are implemented

  11. New Construction Program Objective: • Transform the way buildings are designed and built Services: • Both new construction and substantial renovations • Technical assistance • Financial incentives to offset added costs associated with more energy-efficient equipment and systems • Commissioning

  12. New Construction Program • Applicants may choose among pre-qualified equipment ($50,000 cap/$120,000 for geothermal) , custom measures ($120,000 cap) or whole building design incentives ($300,000 cap/$375,00 for LEED certified buildings) • Whole building design and performance-based incentives are capped at 60% of the incremental costs of qualified electric energy-efficient measures • NYSERDA will fund the initial $5,000 for technical assistance and cost share (50/50) the remainder up to a maximum of $100,000

  13. New Construction Program • Incentives available for design and installation of advanced solar and daylighting technologies ($200,000 cap) • Building commissioning required for projects over $100,000 in incentives. • Applicants eligible for up to $50,000 in commissioning services

  14. Green Building Program • Designed to minimize the environmental and economic impacts of commercial, industrial, and institutional buildings in New York State. • Long-term goal is to make green design standard practice. • Services provided: Materials Analysis Energy Modeling LEED Assessment Commissioning Training Design Guidelines

  15. Commercial/Industrial Performance Objective: Build a Robust ESCO Industry • Provides incentives to contractors that deliver verifiable electric energy savings • Standard Performance Contract is between NYSERDA and contractor • Contractor - Energy Service Company or ESCO

  16. Commercial & Industrial Performance • Financial incentives paid on a performance basis to contractors implementing cost-effective electrical efficiency improvements. • $400,000 cap per end user. • Incentives paid per kilowatt hour of savings are: $0.05 for lighting efficiency $0.10 for motors & other pre-approved measures $0.20 for cooling Custom measures on a case-by-case basis

  17. Energy $mart Loan Fund • NYSERDA “buys down” the interest rate on loans by 4% • Loans must be with a lender participating in the Program – NYSERDA does not make the loans • Maximum amount bought down is $1,000,000 • Maximum length of buy down is 10 years

  18. Smart Equipment Choices Program • Incentives defray a portion of the incremental capital cost of energy-efficient equipment • All equipment is pre-qualified and paid on a per measure basis • Maximum incentive $10,000

  19. New York Energy $martSMProgram Economic and Environmental Benefits • $2.8 billion capital investment in New York • $1 of public benefit investment leverages additional $2.5 of private investment • $198 million annual reduction in energy costs • 4,200 net jobs created or retained • 1,400 GWh per year saved; equivalent to providing energy to 230,000 households • Annual emission reductions (tons) • Nitrogen oxides (NOx) – 1,280 • Sulfur dioxides (SO2) – 2,320 • Carbon dioxide (CO2) – 1,000,000 (equivalent to 200,000 fewer cars on the road)

  20. Contact Information: Matthew Griffiths 585-454-0190 ext 22 mgriffiths@gflrpc.org 518-862-1090 1-866-NYSERDA info@nyserda.org www,nyserda.org