1. A Community-Wide Energy Initiative for Aquidneck Island

2. Why Energy Matters Environment Poverty Ninigret Pond after North Cape Oil Spill

3. Why Energy Matters War Security Chevron Empire oil terminal after Katrina

4. Source: Jeremy Weiss and Jonathan Overpeck, The University of Arizona, as per Mongabay.com Our coast if sea level rises about 20 feet (six meters)

5. Efficiency AND Conservation Amenity—what it is you really want Avoid the “Take Back Effect”

6. Efficiency Is Cheapest! Energy Efficiency * ~3 cents/ lifetime kWh cost of efficiency, 2007 Nat’l Grid DSM program Source: Energy Information Administration, Annual Energy Outlook 2008, pg. 69 “Electricity Supply,” www.eia.doe.gov/oiaf/aeo/pdf/0383(2008).pdf

7. Energy Efficiency Supply Curve Starts with the items with the quickest payback Carbon goal Cost of energy

8. Cost of Cutting Carbon

9. Energy Efficiency Cost Effectiveness Low-Cost No Cost Negative Cost

10. Efficiency Cost Effectiveness Source: Amory Lovins, RMI.org

11. “Least Cost Procurement” State law requires utility to secure ALL cost effective: –Energy efficiency –Demand response –Distributed generation Pilot for Aquidneck Island proposed! PUC Docket 3931

12. Two Last Bits of Jargon –Demand response is a way to reduce peak energy demand by shifting uses from the peak to other parts of the day. –Distributed generation is decentralized, site-based energy production such as a solar panel on a home or a wind turbine at a farm.

13. Distributed Generation Nimble—takes advantage of new opportunties faster Minimizes risk Reduces need for transmission and distribution Can diversify mix of renewable resources New England GreenStart green power sources

14. Transportation -transit -transit oriented development -sustainable biodiesel -pedestrian friendliness -transit, transit, transit -hearing Oct. 30

15. One model: A $100 million initiative to implement massive energy efficiency and clean energy generation throughout the City of Cambridge (pop.100,000) Reduce peak demand by 50 MW & fossil fuel use by 5% over 5 years Reduce Cambridge’s carbon footprint by at least 150,000 tons over 5 years A collaboration between the City of Cambridge, Cambridge Health Alliance, and the Henry P. Kendall Foundation, Barr Foundation, and Chorus Foundation Source: CEA The Cambridge Model

16. Cambridge Energy Alliance (new nonprofit) will provide a full range of technical, project management, monitoring, and financial services A stable of private energy service companies (ESCOs) and contractors have been hired to perform energy assessments and implement measures CEA’s independent engineers will monitor and verify the work of the ESCOs and their contractors CEA’s revolving loan fund will be used to finance work and customers will pay back from their savings. Retrofitting will be emphasized Will enable consumers to take measures with longer paybacks, e.g., combined heat & power and solar

17. Existing Initiatives on Aquidneck Cool Cities / Transportation Reform Project Newport Goes Green Task Force Town of Portsmouth wind turbine Interfaith Power & Light Step It Up Newport Newport Biodiesel National Grid RI Office of Energy Resources ESCO oversight

18. Local Renewable Energy Community Wind Solar –Hot water –Solar heating (passive and active) –Photovoltaics (solar electric) Biodiesel It’s here, it’s now, it’s working!

19. Come together! Aggregating energy consumers helps reduce costs Aggregator can negotiate for better service Aggregator can ensure measurable savings, an essential ingredient for financing efficiency A nonprofit aggregator could receive grants and public funds, take loans and make loans from socially responsible investors Aquidneck Island’s three municipalities & Navy have experience planning together

20. Aggregator’s potential roles Plan Integrate municipal & Navy efforts Coordinate fundraising Manage funds Implement the program, engage a contractor, or create a division to do so.

21. Potential Funding Sources –Ratepayer-funded incentives through National Grid for gas & electric efficiency, renewables, and combined heat and power –Economic Development Corporation for renewable project development –Renewable energy certificates and/or carbon credits –Foundation grants –Private investment (lenders)

22. What If Libraries Loaned These?

23. 17 Gordon Avenue Providence, RI 02905 (401) 861-6111 Karina Lutz (401) 632-0988 karina@ripower.org