Commercial Energy Retrofits
Commercial Energy Retrofits Save Energy, Save Money
June 5, 2012
Program Offering Widespread Energy Recovery (POWER) Façade Improvements
Commercial Loans
Camden POWER Program
Residential Loans
Commercial Grants
Commercial Energy Retrofits Save Energy, Save Money
June 5, 2012
Camden POWER Commercial A Better Buildings Neighborhood Initiative
Agenda Introductions Performing Smarter Retrofits Camden POWER Program Q&A
6
Figure prepared by National Renewable Energy Laboratory and the U.S. Department of Energy 7
Building Sector vs. Other Sectors
Automobile
Aircraft Systems
8
Energy Efficiency in Buildings
Building Cooling Sub Systems Glazing Sub Systems
9
An Emergent Organization • 22 initial performers • • • • •
• • • •
Research universities DOE laboratories Industrial firms Economic development agencies Community and technical colleges
Not a closed consortium Dynamic association Driven by performance An emergent organization
EEB Hub Performers: The Pennsylvania State University Bayer MaterialScience Ben Franklin Technology Partners of SE PA Carnegie Mellon University Collegiate Consortium Delaware Valley Industrial Resource Center Drexel University IBM Corporation Lawrence Livermore National Laboratory Lutron Electronics, Inc. Morgan State University New Jersey Institute of Technology Philadelphia Industrial Development Corporation PPG Industries Princeton University Purdue University Rutgers University United Technologies Corporation University of Pennsylvania University of Pittsburgh Virginia Tech Wharton Small Business Development 10 Center
Goal, Mission and Vision OVERALL GOAL: Reduce annual energy use in average size commercial, institutional and multifamily buildings in the region by 20 percent by 2020.
VISION: Develop, demonstrate and deploy market proven solutions in the Greater Philadelphia region so that the buildings sector accomplishes its full potential for ongoing energy efficiency.
MISSION: Accomplish the goal through informed people, validated information, and proven technologies. 11
EEB Hub Objectives 1.
Develop and deploy to the building industry a state-of-theart modeling platform to integrate design, construction, commissioning, and operation
2.
Demonstrate the market viability of integrating energy saving technologies for whole building solutions at the Navy Yard and elsewhere in the region.
3.
Identify policies that accelerate market adoption of energy efficient retrofits of commercial buildings and support policy makers in the development of such policies in the Greater Philadelphia region.
4.
Inform, train, and educate people who design, own, construct, maintain, or occupy buildings about proven energy saving strategies and technologies
5.
Help launch ventures with new and existing companies that will exploit market opportunities for providing whole building energy saving solutions. 12
Building 101 Instrumentation Project
More than energy and IEQ 1500 data points every 60 seconds Information displayed on a public dashboard Testbed for assessing technologies and systems while holding constant for occupancy, weather and other factors
13
Building 661 Retrofit Project
Advanced Energy Retrofit Living EEB Laboratory Permanent EEB Hub HQ
14
EEB Hub Collaborative Demonstrations The strategic focus of the Hub is on Advanced Energy Retrofits of existing average size commercial, institutional and multi-family buildings. The goals are to demonstrate transformative integrated building retrofit solutions and methods.
Test, measure and verify energy efficient Integrated Technology solutions. Develop and demonstrate Advanced Energy Retrofits scenarios. Focus on repeatable building solutions and not one-of-akind demonstrations. Create opportunistic energy audit strategies and design guidance leveraging existing marketplace activity. Opportunities for demonstration of Integrated Technologies will develop over the next several years.
6/18/2012
Slide: 15
Rutgers University Center for Green Building •
Provide information to NJGBM Managing Partners (State Agencies), developers and other stakeholders about policies to increase energy efficiency in commercial (and multifamily) buildings as consistent with EEB Hub goals
•
Perform cost-benefit evaluations of pilot incentives/policies as applied to specific commercial retrofit projects; also costbenefit evaluations of green/energy efficient commercial building projects
•
Development of a municipal guidance document for NJGBM implementation (will be housed within SJ toolkit for energy efficiency in buildings)
greenmanual.rutgers.edu 16
Elements of an Energy Efficient Building Retrofit • Set goals; Identify Opportunities for Cost Savings – Conduct Energy Audit (building engineering and financial analyses) – Create an Action Plan
• ‘RetroCommission’ Existing Building Systems • Implement ‘Low Cost / No Cost’ Measures • Evaluate and Prioritize EER Measures – Select ‘Integrated’ or ‘Staged’ approach develop plan to match scope of work – ‘Staged’ approach suits limited budgets, addresses sequential improvements in the order that reflects influence of one system on another: ‘Load’ based measures (lighting, plug loads, building envelope) Air & Water distribution retrofits Heating & Cooling System retrofits – ‘Integrated’ approach simultaneously address multiple building elements: Preferable approach when goals are ambitious; major systems require replacement; or building is being renovated or repurposed. 18
Elements of an Energy Efficient Building Retrofit • Measurement & Verification • Continuous Operation & Maintenance • Positive Outcomes – Reduced operating cost improved cash flow – Improved indoor environmental quality, improved occupant comfort & higher productivity – Increased building valuation (improved occupancy rates and increased rental value) – Reduced environmental impact of operations
19
Thank You Follow the EEB Hub: www.eebhub.org/HUBlog www.facebook.com/eebh ub www.twitter.com/eebhub
www.linkedin.com/(?)
[email protected] 20
Agenda Introductions Performing Smarter Retrofits Camden POWER Program Q&A
Commercial Loan Program Overview
Objective: Help Camden businesses conserve energy and reduce utility costs
Connect to incentives
New Jersey’s Clean Energy Program
Façade improvement grants (Camden UEZ)
Offer low-interest loans
Revolving loan fund managed by NJCC
Typical Payback Periods Commercial Energy Conservation Measure
Simple Payback Period (years)
Equipment Life Expectancy
Energy Mgmt. System (replacement)
2 to 6
15
Lighting retrofit & controls
2 to 5
20
Rooftop HVAC (replacement)
9 to 15
20
Windows (replacement)
15 to 50
40
Commercial Loan Program Features
Energy assessment
Connection to energy incentives
Up to $25,000 in façade improvement grants from the Camden UEZ
Low-interest loans provided by NJCC
Fixed rates of 2-5%
Terms of 1-7 years
Commercial Loan Program Costs
Initial energy assessment
$550 loan application fee
Covers credit check, title, and judgment searches
Commitment fee equal to the greater of 1% of the total loan amount or $500
Professional fees related to loan origination
All fees collected at closing
Can be funded with loan proceeds
How to Apply
Step 1: Contact NJCC
Step 2: Participate in Energy Assessment
Step 3: Review Energy Assessment
Step 4: Apply for Financing
Q&A
June 5, 2012
Program Offering Widespread Energy Recovery (POWER) Façade Improvements
Commercial Loans
Camden POWER Program
Residential Loans
Commercial Grants
Commercial Energy Retrofits Save Energy, Save Money
June 5, 2012
Camden POWER Commercial A Better Buildings Neighborhood Initiative
Agenda Introductions Performing Smarter Retrofits Camden POWER Program Q&A
6
Figure prepared by National Renewable Energy Laboratory and the U.S. Department of Energy 7
Building Sector vs. Other Sectors
Automobile
Aircraft Systems
8
Energy Efficiency in Buildings
Building Cooling Sub Systems Glazing Sub Systems
9
An Emergent Organization • 22 initial performers • • • • •
• • • •
Research universities DOE laboratories Industrial firms Economic development agencies Community and technical colleges
Not a closed consortium Dynamic association Driven by performance An emergent organization
EEB Hub Performers: The Pennsylvania State University Bayer MaterialScience Ben Franklin Technology Partners of SE PA Carnegie Mellon University Collegiate Consortium Delaware Valley Industrial Resource Center Drexel University IBM Corporation Lawrence Livermore National Laboratory Lutron Electronics, Inc. Morgan State University New Jersey Institute of Technology Philadelphia Industrial Development Corporation PPG Industries Princeton University Purdue University Rutgers University United Technologies Corporation University of Pennsylvania University of Pittsburgh Virginia Tech Wharton Small Business Development 10 Center
Goal, Mission and Vision OVERALL GOAL: Reduce annual energy use in average size commercial, institutional and multifamily buildings in the region by 20 percent by 2020.
VISION: Develop, demonstrate and deploy market proven solutions in the Greater Philadelphia region so that the buildings sector accomplishes its full potential for ongoing energy efficiency.
MISSION: Accomplish the goal through informed people, validated information, and proven technologies. 11
EEB Hub Objectives 1.
Develop and deploy to the building industry a state-of-theart modeling platform to integrate design, construction, commissioning, and operation
2.
Demonstrate the market viability of integrating energy saving technologies for whole building solutions at the Navy Yard and elsewhere in the region.
3.
Identify policies that accelerate market adoption of energy efficient retrofits of commercial buildings and support policy makers in the development of such policies in the Greater Philadelphia region.
4.
Inform, train, and educate people who design, own, construct, maintain, or occupy buildings about proven energy saving strategies and technologies
5.
Help launch ventures with new and existing companies that will exploit market opportunities for providing whole building energy saving solutions. 12
Building 101 Instrumentation Project
More than energy and IEQ 1500 data points every 60 seconds Information displayed on a public dashboard Testbed for assessing technologies and systems while holding constant for occupancy, weather and other factors
13
Building 661 Retrofit Project
Advanced Energy Retrofit Living EEB Laboratory Permanent EEB Hub HQ
14
EEB Hub Collaborative Demonstrations The strategic focus of the Hub is on Advanced Energy Retrofits of existing average size commercial, institutional and multi-family buildings. The goals are to demonstrate transformative integrated building retrofit solutions and methods.
Test, measure and verify energy efficient Integrated Technology solutions. Develop and demonstrate Advanced Energy Retrofits scenarios. Focus on repeatable building solutions and not one-of-akind demonstrations. Create opportunistic energy audit strategies and design guidance leveraging existing marketplace activity. Opportunities for demonstration of Integrated Technologies will develop over the next several years.
6/18/2012
Slide: 15
Rutgers University Center for Green Building •
Provide information to NJGBM Managing Partners (State Agencies), developers and other stakeholders about policies to increase energy efficiency in commercial (and multifamily) buildings as consistent with EEB Hub goals
•
Perform cost-benefit evaluations of pilot incentives/policies as applied to specific commercial retrofit projects; also costbenefit evaluations of green/energy efficient commercial building projects
•
Development of a municipal guidance document for NJGBM implementation (will be housed within SJ toolkit for energy efficiency in buildings)
greenmanual.rutgers.edu 16
Elements of an Energy Efficient Building Retrofit • Set goals; Identify Opportunities for Cost Savings – Conduct Energy Audit (building engineering and financial analyses) – Create an Action Plan
• ‘RetroCommission’ Existing Building Systems • Implement ‘Low Cost / No Cost’ Measures • Evaluate and Prioritize EER Measures – Select ‘Integrated’ or ‘Staged’ approach develop plan to match scope of work – ‘Staged’ approach suits limited budgets, addresses sequential improvements in the order that reflects influence of one system on another: ‘Load’ based measures (lighting, plug loads, building envelope) Air & Water distribution retrofits Heating & Cooling System retrofits – ‘Integrated’ approach simultaneously address multiple building elements: Preferable approach when goals are ambitious; major systems require replacement; or building is being renovated or repurposed. 18
Elements of an Energy Efficient Building Retrofit • Measurement & Verification • Continuous Operation & Maintenance • Positive Outcomes – Reduced operating cost improved cash flow – Improved indoor environmental quality, improved occupant comfort & higher productivity – Increased building valuation (improved occupancy rates and increased rental value) – Reduced environmental impact of operations
19
Thank You Follow the EEB Hub: www.eebhub.org/HUBlog www.facebook.com/eebh ub www.twitter.com/eebhub
www.linkedin.com/(?)
[email protected] 20
Agenda Introductions Performing Smarter Retrofits Camden POWER Program Q&A
Commercial Loan Program Overview
Objective: Help Camden businesses conserve energy and reduce utility costs
Connect to incentives
New Jersey’s Clean Energy Program
Façade improvement grants (Camden UEZ)
Offer low-interest loans
Revolving loan fund managed by NJCC
Typical Payback Periods Commercial Energy Conservation Measure
Simple Payback Period (years)
Equipment Life Expectancy
Energy Mgmt. System (replacement)
2 to 6
15
Lighting retrofit & controls
2 to 5
20
Rooftop HVAC (replacement)
9 to 15
20
Windows (replacement)
15 to 50
40
Commercial Loan Program Features
Energy assessment
Connection to energy incentives
Up to $25,000 in façade improvement grants from the Camden UEZ
Low-interest loans provided by NJCC
Fixed rates of 2-5%
Terms of 1-7 years
Commercial Loan Program Costs
Initial energy assessment
$550 loan application fee
Covers credit check, title, and judgment searches
Commitment fee equal to the greater of 1% of the total loan amount or $500
Professional fees related to loan origination
All fees collected at closing
Can be funded with loan proceeds
How to Apply
Step 1: Contact NJCC
Step 2: Participate in Energy Assessment
Step 3: Review Energy Assessment
Step 4: Apply for Financing
Q&A
