1 Jeff Davis Senior VP/CFO Presbyterian Senior Living Achieving Green Savings and Sustainability.

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Presentation transcript:

1 Jeff Davis Senior VP/CFO Presbyterian Senior Living Achieving Green Savings and Sustainability

2 » Geothermal – Strong energy savings, better resident comfort, low maintenance. » Have constructed 295 affordable units with geothermal, and 97 market rate since » Average savings of 27% vs conventional systems built in the same time frame with the same basic materials/sizes. » $325 unit savings a year on LIHTC units - $96,000 total PSL – Prevention – Building it Right The Frist Time

3 ˃Energy star appliances ˃Low flow toilets ˃Motion detectors and timers ˃Improved insulation and packaging PSL – Prevention – Building it Right The First Time

4 ˃$2 million of endowment allocated for energy related improvement. ˃Facilities compete for funds. ˃75% of savings is paid back, 25% saved at facilities vs budget. ˃The first $700k approved will have a 3.5 year payback. The Future – Internal Energy Loan Fund

5 Questions? Energy Savings and Sustainability