Georgia Environmental Finance Authority - EECBG Stakeholder Presentation

1. EECBG Stakeholder Presentation Georgia Environmental Finance Authority October 10, 2023

2. Overview 2

3. EECBG Summary What: Energy Efficiency and Conservation Block Grant (EECBG) allocated to states and communities through the Bipartisan Infrastructure Law (BIL) Purpose: EECBG funds are an investment in infrastructure, designed to modernize and upgrade American infrastructure to enhance competitiveness, drive the creation of good- paying union jobs, tackle the climate crisis, and ensure stronger access to economic, environmental, and other benefits for disadvantaged communities. Who: Georgia Environmental Finance Authority- Lead Distributor • Funding has been provided directly to communities • GEFA funding will focus on providing grants to communities who did not receive direct funding, however all localities are able to apply • J40 requirement with 40% of funding allocated to disadvantaged communities State Allocation: $2,989,230 3

4. Blueprint Overview Blueprint Options GEFA is offering to local communities: Blueprint 1. Energy Planning Summary: Creating a strategic and proactive long-term road map to guide community efforts and actions towards a defined energy vision. Plans identify energy goals, actions to meet goals, articulate energy consumption data, energy sources and consumers to ensure effective completion of strategies. Who: Communities in early stages of energy planning or looking to refresh their strategies. Potential Activity Cost: <$50,000 4

5. Blueprint Overview Blueprint 2A. Energy Efficiency- Energy Audits and Building Upgrades Summary: Conducting energy audits/ assessments helps identify energy saving opportunities, technical updates and financial information to aid in retrofit evaluations. Retrofitting existing buildings provides opportunities to improve energy performance, operational costs (heating, cooling, HVAC, lighting, building envelope), and occupant control/health. Who: Governments with building-related energy goals such as tracking building operations and maintenance, reducing energy costs and capital improvements. Potential Activity Cost: Varying 5

6. Blueprint Overview Blueprint 2B. Energy Efficiency and Electrification in Buildings- Energy Savings Performance Contracts Summary: ESPC is a contracting and financing method that enables public and private-sector entities to implement facility improvements with little or no upfront capital by leveraging a guaranteed multi-year stream of avoided utility and other costs. Who: Government organizations facing aging infrastructure, rising energy costs, and limited budgets. Including organizations such as cities, housing authorities and school districts seeking to lower energy bills and lingering maintenance costs Potential Activity Cost: >$100,000 6

7. Blueprint Overview Blueprint 3B. Community Solar Summary: A varying size and customer type business model that facilities the creation of solar projects that allow multiple customers to “subscribe” to the project and receive a portion of the generated energy at set billings rates. This allows for lower energy burden, resilient grid infrastructure and investments towards communities (job creation, regional resilience, clean energy). Who: Most businesses and residents, including renters and homeowners who do not have access to solar ready property or the upfront capital. Potential Activity Cost: Varying 7

8. Blueprint Overview Blueprint 3B. Solarize Campaigns Summary: A local or regional coordinated campaign to encourage and support the community to “go solar” by installing solar energy systems. Customers receive a collective discount, while lowering energy costs and creating a reliable grid. Who: All communities, however the campaigns are usually run by a municipality in partnership with a local nonprofit organization Potential Activity Cost: Varying 8

9. Blueprint Overview Blueprint 4A. Electric Vehicles and Fleet Transition Summary: The planning and purchasing of electric vehicles for government fleets, as well as the associated charging infrastructure and site upgrades. Who: Governments seeking to stimulate the EV market and infrastructure within their jurisdictions and/or governments with aging fleets or scheduled replacements. Potential Activity Cost: Varying 9

10. Blueprint Overview Blueprint 6. Workforce Development Summary: A planned approach to enhance and broaden the skills of individuals outside the workforce seeking employment, entry-level workers looking for job growth, and experienced workers in the energy industries. This entails providing trainings, continuing education, and professional development opportunities. Who: Communities interested in supporting their community members to gain a first job, or enter a new career resulting from demand for skilled labor Potential Activity Cost: Varying 10

11. Questions? 11

12. Leah Lord Energy Resources Division Program Manager llord@gefa.ga.gov 47 Trinity Ave SW Fifth Floor Atlanta, GA 30334 gefa.georgia.gov