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CAN DO Energy Solutions

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Specifically targeting small business clients because of funding availability. ... Are we going to have more incentives? RPS Renewable Portfolio Standard ... – PowerPoint PPT presentation

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Title: CAN DO Energy Solutions


1
CAN DO Energy Solutions
  • Bernie DeBias, Director of Economic Development

2
Business Model -
  • Providers and financing to address energy needs
    pending the planned 2010 rate cap expiration
  • Focus on (1) Reduced kwh (2) Saving Money (3)
    Job Retention

3
Environment Rising Energy Costs
  • Rate caps expected to expire Dec. 31, 2009 in PPL
    footprint
  • Neighboring States Rate Increases
  • DE 50 (residential)
  • MD 70 (residential)
  • Increases projected at approx 54 increase
    overnight
  • 3 shift industrial predicted at 100 increase
  • Average industrial rate based on industries
    surveyed in 2008 approximates .08 per kwh
  • 54 increase equates to .12 per kwh

4
Market
  • Solutions for
  • Industry
  • Retail
  • Professional
  • Small Business

5
Geography
  • Luzerne County focus

6
How can we help contractors?
7
Working With Quality Vendors to Reduce kwh Usage
by identifying technology and funding
8
Funding by Technologies
  • Energy Efficiency (target Small business or
    large industrial client)
  • Renewable Energy (industrial, commercial)

9
National Financial Incentives
  • (http//www.dsireusa.org/)

10
PA Energy Efficiency Incentives (Grant)
  • DEP Small Business Energy Efficiency Grant Up
    to 25 of a project up to a maximum of 25,000
    provided that the capital improvement implements
    a 20 energy saving and saves the business a
    minimum of 1,000 per year in energy costs.
    Requires Energy Star Equipment
  • Guidelines opened January, 2009
  • About 2 million left unallocated
  • Long lead time Can be matched with other programs

11
PA Energy Efficiency Incentives
  • PPL Lighting Rebate 2,500
  • 100 or less employees
  • 25,000 square feet or less
  • Small Business
  • PPL good standing customers for past 3 years
  • Minimum project cost of 2,500

12
PA Energy Efficiency (Grants)
  • DEP Small Business Advantage Grant one time per
    year 50 match up to 7,500
  • Projects that reduce energy consumption, promote
    pollution prevention and increase a companys
    bottom line.
  • New guidelines usually summer money goes very
    quickly

13
PA Energy Efficiency Loans
  • The Sustainable Energy Fund can provide flexible
    loan terms statewide for energy efficiency
    projects, and structure debt repayment around
    energy savings.
  • Will take subordinate lien positions.
  • Can be matched with grant programs (e.g. lighting
    rebate), and other loan programs.
  • Minimum loan amount 10,000- Maximum of
    1,000,000.
  • Will do 100 short term construction loans until
    permanent financing in place
  • Will fund LEED Certified Construction projects
  • Small or large industry

14
PA Energy Efficiency Loans
  • DEPs Pollution Prevention Assistance Account
  • 75 of project up to a maximum of 100,000
  • 2 interest rate, fixed for up to 10 years
  • Funds equipment that reduces energy consumption
    (energy star)
  • Small Business 100 or fewer employees

15
PPL Leed Certification Program
  • Will fund up to 5,000 of LEED certification
    process to get a building LEED certified.

16
PA Energy Efficiency Loans (Residential)
  • Keystone Help Loans up to 35,000 for
    residential energy efficiency improvements, up to
    10 years.
  • Only qualified contractors can participate.

17
Other PA State Energy Grants
  • Pennsylvania Energy Development Authority Up to
    1 million available for implementation of energy
    efficiency / demand side projects
  • Competitive grants due by end of May (5-29)
  • Guidelines available now on dep.state.pa.us

18
Other PA State Energy Grants Energy Harvest
  • DEP Comes out one time per year to provide
    grant funds for eligible projects
  • Maximum grant of 500,000
  • Must find a non-profit sponsor
  • Targets energy and environmental concerns
  • Schools are eligible

19
PA Energy Independence Strategy
  • 650 million in PA designed to increase the use
    of alternative energy, improve energy efficiency,
    and reduce energy consumption.
  • To date Wind and Solar programs have been
    designed, geothermal, and DEPs Small Business
    Energy Efficiency Program are all a part of this
    legislation.

20
CAN DOs Role-
  • Partner with vendors to provide multiple energy
    solutions
  • Identification of funding resources (grants and
    loans) to buy down cost
  • Financial Packaging / Underwriting of certain
    loans/grants
  • 1 fee for all financial packaging and
    grantwriting.
  • Maintain contact with appropriate public
    officials on projects.

21
CAN DO/ Friedman Partnership
  • Preparing for 2010
  • Friedman completes energy audit demonstrating
    reduced kwh usage / cost savings
  • CAN DO develops funding proposal and submits
    applications on behalf of clients.
  • Contractor implements.
  • Specifically targeting small business clients
    because of funding availability.

22
Are we going to have more incentives?RPS
Renewable Portfolio Standard
23
Questions?
  • Bernie DeBias
  • Director of Economic Development
  • 570-454-1508 Ext. 2025
  • bdebias_at_hazletoncando.com
  • Thank you!
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