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Welcome Home to Savings Renewable Energy in Subsidized Multifamily Housing Building Revolutionaries.

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Presentation on theme: "Welcome Home to Savings Renewable Energy in Subsidized Multifamily Housing Building Revolutionaries."— Presentation transcript:

1 Welcome Home to Savings Renewable Energy in Subsidized Multifamily Housing Building Revolutionaries

2 Agenda Challenge Solution One-stop shop Six-step action plan Hypothetical case-study impact Conclusion

3 Challenge 100 MW of renewable energy in federally subsidized housing by 2020 Overcome the split incentive Streamline financing and installation process

4 Solution Comprehensive HUD database Streamlined process Easy decisions for owner Hassle- and worry-free financing Encourages participation Improves transparency Establishes trust and relationships Building Assessment Energy Audit One stop shop Clean energy alternatives Incentives Financing

5 Six-Step Action Plan Eligibility Criteria Energy Audit Optimum Solutions Financing Follow- up Education, Awareness & Outreach

6 Six-Step Action Plan, continued 2 Creation of a comprehensive database for HUD Multifamily family housing with 40 – 80 units Eligibility Criteria Privately Owned Existing multifamily units HUD subsidized Projects not refinancing units >30 years old Not PHAs (public housing agency)

7 Six-Step Action Plan, continued 3 Multifamily Inventory of units for the elderly and Persons with Disabilities, CA 2014 Eligibility Criteria Privately Owned Existing multifamily units HUD subsidized Projects not refinancing units >30 years old Not PHAs (public housing agency)

8 Six-Step Action Plan, continued 4 Goal: Hassle-free decision making Analyze data for owner Offer design alternatives Based on Price Based on payback Based on project length

9 Six-Step Action Plan, continued 5 Zip code Climate data Available rooftop sq. ft. (for solar panels) Available grounds sq. ft. (for ground source heat pumps) Total # of units Unit Sizes Total # occupants

10 Six-Step Action Plan, continued 6 Natural Gas Usage data Electric Usage data Water Utility Usage data Party responsible for utility bill: Living Unit Space heat  Tenant  Owner Hot Water  Tenant  Owner Electricity  Tenant  Owner Cooking Gas  Tenant  Owner * Assumed owner pays for common area utilities

11 Six-Step Action Plan, continued 7 Primary heating fuel Natural gas Electric Other Type of Heating System Central boiler Individual forced air Individual electric Type of Air Conditioning Central A/C Window Units (#:___) None

12 Six-Step Action Plan, continued 8 Energy efficiency rating* of: Refrigerator/freezer:__ Dishwasher:__ Oven:__ Microwave:__ Interior lights:__ *As listed when new Age of: Refrigerator/freezer:__ Dishwasher:__ Oven:__ Microwave:__ Interior lights:__

13 Six-Step Action Plan, continued 9 Hire certified weatherization auditor Check for leaks and thermal bridges Walls Attic Basement Doors Windows

14 Optimum Solutions Strategy: Money Time Scenario 1Scenario 2 Scenario 3Scenario 4

15 Optimum Solutions, continued 2 Solar energy Ground source heat pump Weatherization Additional renewable energy? Future solution?

16 Optimum Solutions, continued 3 On Bill Repayment (OBR) + Incentives + Policies Provides upfront costs Flexibility Public vs. Private Loan vs. tariff Win – win situation for all

17 Optimum Solutions, continued 4 Avoid bill neutrality

18 Six-Step Action Plan, continued 10 Compare utility bills pre- and post- clean energy project installation Verify that money is being saved so bills can be paid Provision of reserve funding for projects not realizing expected savings

19 Six-Step Action Plan, continued 11 Partner with local building owner and manager associations Form local advisory committees Free on-site assessments Multiple pathways for participation Owners use HUD website HUD contacts owners Multiple pathways for execution Prescriptive rebates vs. performance-based incentives Variable program intensity Fast-tracking smaller projects

20 Hypothetical Case study Project Details: Location: Fresno, Ca Units:61 Area(rooftop): 15,000 sq. ft. AmountTimeline $5000 (min)3yrs 100,000 (max)6yrs Hypothetical Case study Project InformationMultifamily housing Project cost$80,000 Rebates/Incentives amount$27,000 Financeable amount$53,000 Estimated Energy Production15kW Estimated Monthly Electricity Cost Savings $740 Monthly debt repayment$737 Months to Fully repay loan72 (6 years) Source:

21 Hypothetical Case study, continued 2 Potential renewable energy production 15kW/61 units 6 MW for California alone

22 Conclusion One-stop shop Six-step process Customizable projects Simplified decisions Savings for all parties


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