Energy Efficiency Programs for Your AG Business Randy Vagnini Connecticut Light & Power & Yankee Gas

Energize Connecticut State’s new branding initiative to help consumers save money and use clean, affordable energy. A partnership of the Energy Efficiency Fund, the Clean Energy Finance and Investment Authority(CEFIA), and local electric and gas utilities Energy efficiency is a valuable resource: –Reduces air pollutants and greenhouse gases –Saves customers money –Reduces need for more energy generation –Creates jobs 2

Program Funding & Administration Electric customers pay 3 mils** per kilowatt-hour. Additional revenue streams are ISO’s Forward Capacity Market, plus Regional Greenhouse Gas Initiative (RGGI), plus Class III RECs Natural gas programs are funded through gas utility bills and approved by the Public Utilities Regulatory Authority ** Oct 31 DEEP Draft Decision - expanded funding up to another 3 mils 3

Small Business Energy Advantage (SBEA) Turnkey energy-saving services Cost-effective energy savings 4

Who is Eligible to Participate? Existing Commercial and Industrial customers with an average 12-month peak demand between 10 kW (kilowatts) and 200 kW A municipal / governmental agency facility that meets the above criteria

How Does the Program Work? 1.CL&P or UI confirms your eligibility 2.You are contacted by an authorized contractor 3.SBEA contractor conducts “No Cost” audit 4.SBEA contractor submits proposal

The Proposal All possible energy-efficiency measures Complete costs and estimated energy savings Available SBEA program incentives Your financing options

Your Project Project starts approximately 30 days after contract is signed Option to pay nothing up front Program incentives offset costs Interest-free financing available for qualifying customers on your electric bill by CL&P or UI 8

Financial Incentives Up to 35% of installed cost of standard lighting Up to 40% of installed cost of high performance lighting (LED & induction) Up to 40% of installed cost of non-lighting measures Comprehensive Initiative – Lesser of: Up to 50% of installed cost, or Energy savings up to 0.50/kWh or $1,500/kW

Financing 10 TypeMinMaxRateTerm Max PymtSource SBEA/ Muni $500$100,0000%4 yrsOn-BillUtility C&I$2,000$1 Million (1 st $100,000 w/ subsidy) 2.99% or 4.99% 5 yrs3 rd Party PURA Loan (>50 kW savings) $1 Million 1% below rate/no more than prime 10 yrs3 rd Party

Success Story Savings: $5,600 annually 31,913 kWh annually 395,816 kWh lifetime Equivalent to 47 homes provided with electricity for one year Fish Family Farm Total cost: $35,933 Incentive: -(16,171 ) Net cost: = $19,762 Estimated payback time: 3.5 years Net monthly savings: $491.50

Contacts Small Business Program Oversight CL&P: Randy Vagnini (860) UI: Dennis O’Connor (203) Financing Questions CL&P: Anne Marie Jensen (860) UI: Roy Haller (203)

13 QUESTIONS? Thank you! WISE-USE EnergizeCT.com