Multifamily Energy Retrofit-Saving Money and Getting your Energy Company to pay for it
David Hepinstall, Executive Director, Association for Energy Affordability
Provident Ecopolitan Aerospace Park, Bangalore E- Brochure.pdf
Multifamily Energy Retrofit-Saving Money and Getting your Energy Company to pay for it
1. Con Edison
Multifamily
Energy Efficiency
Programs
2. Multifamily Energy Efficiency Retrofit
How to Make Your Building More Energy Efficient and
Get Incentives from Con Edison to Help Pay for It
presentation by
David Hepinstall, Executive Director
Association for Energy Affordability, Inc.
Con Edison Implementation Contractor
212-279-3903 direct hepinstall@aeanyc.org
1-877-634-9443 or www.aeanyc.org/conedmultifamily
2
3. Introduction
• Con Edison’s Multi-Family Energy Efficiency Program is an
Energy Efficiency Portfolio Standard (
gy y (EEPS) p g
) program
approved by the NYS Public Services Commission (PSC)
• This presentation will provide
– Overview of the Con Edison Program Guidelines
– Description of steps in the process, from building owner application
through receipt of i
th h i t f incentives f i t ll ti of program eligible
ti for installation f li ibl
measures
– Identification of the incentive amounts available for implementing
eligible measures
– Case studies of completed projects
3
4. Advantages of the Con Edison
Multi-Family Energy Efficiency P
M lti F il E Effi i Program
• The program gives owners flexibility to choose among
approved measures, selecting those that fit their operating
budget, green goals, and other investment goals for
each property.
p p y
• Unlike many energy efficiency programs, there is no
requirement to achieve a minimum amount of energy
savings in order to participate.
• If you install an approved cost effective measure in an
eligible building using a participating contractor, you are
entitled to the incentive.
4
5. Overview of Con Edison Multi-family
Energy Efficiency Program
• An EEPS program targeted to multi-family buildings in Con
Edison s
Edison’s Electric and Gas territory in NYC and Westchester
County
• Building Eligibility
– 5 to 75 Unit Buildings
– SBC paying Con Edison Customer
• Con Edison electric customer
– NYC (except part of Far Rockaway) and Westchester
– Eligible for ONLY electric measures
• C Edi
Con Edison fifirm gas f heating and/or DHW
for h i d/
– Eligible for both electric measures and measures producing therm
savings
5
6. Eligibility, continued
– Owners and property managers of
• rent-controlled rent-stabilized market-rate rentals
rent-controlled, rent-stabilized,
• affordable housing
• co-ops, and condos
co ops,
– No conflict with other SBC funded program (e.g.
NYSERDA)
Cannot pay for the same measure from 2 different SBC funded programs
6
7. We will discuss:
• The streamlined process for participating in this Con
Edison program
• Which of your buildings are eligible for incentives
• How you can learn which measures are right for your
building.
• Why you should act now to access these financial
incentives from Con Edison
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8. Property Managers – 3 things building owners
and real estate investors want:
• To optimize the income and cash flow they receive from their
properties. This program helps you manage energy usage, a key
component of operating costs.
• To reduce the risks and burdens of resident complaints. High
performance systems reduce complaints, so building staff can operate
the building systems proactively for everyone’s comfort, not reactively.
• To satisfy other legal requirements (rent regulations, sanitation, basic
building services like heat)
– For multifamily buildings over more than 50,000 sf, this now includes
benchmarking their energy use, and taking action to audit and
improve the energy efficiency of buildings as required by NYC’s
Greener, Greater Buildings Law in the coming years.
8
9. Real Estate Owners/Investors
– Energy efficiency upgrades are a dependable, non-speculative
way to improve the cash flow situation in your buildings by
managing operating costs effectively during what is still a down
market. These investments make the asset more profitable, whether
your time horizons are long term or short term
term.
– As the multifamily market in NYC area improves, if you decide to
sell, upgrades that strengthen cash flow will improve your building
financials f prospective customers, or free up money for additional
fi i l for ti t f f dditi l
investments in the property.
9
10. Affordable housing managers and
developers
d l
• More dependable cash flows can help you maintain affordable
rent l
t levels t serve your tenants and your organizational goals –
l to t t d i ti l l
including green goals – better.
• Tenant relations: Increase tenants’ comfort and help them save
tenants
money on utilities with the program’s free in-unit measures.
• If your building is master-metered, your bottom line will benefit
directly from the in-unit measures.
10
11. But what if you are a Broker?
– The multifamily market is improving – but
• prices are low
• many buildings and apartment units compete for investors’ dollars.
– An energy efficient building saves money on operating costs each
month – this is a selling point whether you are selling individual
coop or condo units or rental properties.
– Making your customers (or the property management firms they
employ) aware of Con Edison incentives is one way you can show
them that your service adds value to their properties.
11
12. Scope of the Multi-Family Program
• Includes both common area and in-unit measures designed to
produce therm or kWh savings supporting NYS EEPS g
g g goals.
• Incentives for installation of measures that meet the PSC’s
Total Resource Cost (TRC) test, as confirmed by the
guidelines i
id li issued b th PSC
d by the PSC.
• Incentives are paid only for completed work.
• Over $22 million available for measures installed prior to
December 2011, under the current program. Great
opportunity to g incentives in all y
pp y get your eligible p p
g properties.
• Over 800 Buildings with over 30,000 units expected in order to
achieve savings goals.
12
13. Program Incentives
• Building owners can receive specified incentives for various
p g
program eligible measures
g
• Financial incentives for
– Central system gas measures
– Common area electric
– In-unit measures
(See detailed list of measures and incentive amounts below)
• Program success determined by savings achieved, so
g y g ,
incentives tied to work completed
13
14. The most attractive incentives to save
money and energy
d
– If the building is heated by Con Edison gas (firm gas account),
or is electrically heated, it may qualify for
• An energy management system with an incentive as high as
$20,000. These systems generate dependable savings by delivering
co s s e e e s of ea g or cooling. Co o ab e e a s don’t o
consistent levels o heating o coo g Comfortable tenants do throw
open the windows in mid winter because their apartments are not
overheated
• Valuable incentives for heating system upgrades and insulation
g y pg
– All eligible buildings
• High efficiency lighting and occupancy sensors in hallways, stairwells,
laundry areas, b
l d basement storage and equipment rooms. V
t t d i t Very good
d
incentives for bi-level lighting.
• Encourage full participation by residents to get in-unit measures, esp. in
buildings with master metered electric accounts .
b ildi ith t t d l ti t
14
15. Typical Project Outline
• APPLICATION & ELIGIBILITY
• COMMON AREA ENERGY SURVEY
• IN-UNIT SURVEY AND DIRECT INSTALL
• OWNER’S AGREEMENT
• MEASURE INSTALLATION
• POST INSPECTION
• INCENTIVE PAYMENT
15
16. Building Application Process
• Call our Multi-Family InfoLine at 1-877-634-9443 or
• Download an application on our website
htttp://www.aeanyc.org/conedmultifamily
• Submit a signed “Owner Application/Participation
Agreement” for a single property (Form 100-1a) , or
• Submit a signed Portfolio Application for a set of buildings
from the same owner (Form 100-1b).
• AEA will confirm building eligibility and assign an account
manager (if not already involved).
16
17. How do I Schedule the Energy Survey?
• Call our InfoLine (1-877-634-9443). An assigned account
manager will contact you
you.
• Schedule a convenient time for Common Area and In-Unit
survey.
survey
• Promote maximum tenant participation.
• Auditors will collect data on the following:
- HVAC equipment
- Lighting
- Building Shell
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18. What do I Gain from the Surveys?
• Free In-Unit Direct Installs:
- CFLs smart strips, showerheads faucet aerators
CFLs, strips showerheads, aerators.
Common Area Survey Report containing:
- Description of building conditions
- Recommendations for energy efficiency upgrades
- Scope of Work table showing measure costs, savings,
and Con Edison incentives
AEA account managers will review energy efficiency upgrade
incentives and contractor selection options with you.
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19. Measure Implementation and Incentive
Payment Process
P tP
1. An owner receives and reviews results of survey.
2. Owner agrees to proceed with work and signs a proposed Scope of
Work/Owner Agreement confirming the measures to be done.
3. Incentives are payable to the owner and/or contractor only upon
“confirmation of completion” of installation of measure(s) by a
participating contractor.
4.
4 Measures can be phased but are all subject to100% inspection by the
program team.
5. AEA submits incentive payment requests to Con Edison for completed
work that meets all program guidelines.
6. Incentive checks will be issued by AEA (or Con Edison) monthly,
p
pursuant to p g
program rules, once measure is reported as completed.
, p p
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20. Installing the Measures:
Participating C t
P ti i ti Contractors
t
• The current list of participating contractors can be found at
www.aeanyc.org/conedmultifamily.
• If you have your own preferred contractor, refer the
principals of th fi to AEA’s b i f orientation t program
i i l f the firm t AEA’ brief i t ti to
rules and requirements to become an approved contractor.
• Contractor Orientations are held the 2nd Tuesday of each
month at the AEA Training Center, 105 Bruckner Blvd,
Bronx, NY 10454. (Contact mrolnick@aeanyc.org to sign
up for a contractor orientation session).
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25. Case Study 1
Manhattan, Recent Construction
Con Edison MFEEP In-Progress
Survey Findings:
- 5 Residential stories, 61 units
- Masonry & framing, insulated walls and roof
- Effi i t lamps and fixtures, but lights are on
Efficient l d fi t b t li ht
when unoccupied!
- Poor boiler controls
- No pipe insulation
Estimated T t l C t t O
E ti t d Total Cost to Owner: $9,315
$9 315
Con Edison MFEEP Incentive: $14,905
First Year Energy Savings: $4,519
Annua l El ectri ci ty Annua l Fi rs t Yea r Sa vi ngs (1) Es t. ConEd Es t. Tota l Es t.
Energy Cons erva ti on Owner's
Cons umpti on Dema nd Energy Mea s ure MFEEP Si mpl e Owner's
Mea s ure El ectri c Ga s Cos t
(kWh) (kW) Sa vi ngs Cos t Incenti ve Pa yba ck Si mpl e
CA Li ghti ng 643 0.1 ‐ $161 ‐ $425 $114 $311 2.6 1.9
Moti on Sens ors 426 0.1 ‐ $107 ‐ $625 $250 $375 5.9 3.5
Bi ‐Level Fi xtures 3366 0.1 ‐ $842 ‐ $8,100 $4,050 $4,050 9.6 4.8
Ins ul a ti ng HTG Pi pes ‐ ‐ 303 ‐ $424 $200 $120 $80 0.5 0.2
Ins ul a ti ng DHW Pi pes ‐ ‐ 243 ‐ $340 $380 $228 $152 1.1 0.4
Energy Ma na gement
‐ ‐
Sys tem 1,889 ‐ $2,645 $14,489 $10,142 $4,347 5.5 1.6
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26. Case Study 2
Bronx, Walk Up
Con Edison MFEEP Complete
Survey Findings:
- 5 Stories, 66 Units
- Masonry construction
-U i
Uninsulated roof cavity
l t d f it
- T12 lighting fixtures
- Atmospheric heating boilers
- Poor pipe insulation
Estimated T t l C t t O
E ti t d Total Cost to Owner: $92,108
$92 108
Con Edison MFEEP Incentive: $36,185
First Year Energy Savings: $11,505
Annua l El ectri ci ty Annua l Fi rs t Yea r Es t. ConEd Es t. Es t. Tota l Es t.
Energy Cons erva ti on
gy Owner's
Cons umption Dema nd Energy
E Mea
M s ure MFEEP
MFEEP Sta d d
St nda rd Si mple O
l Owner's '
Mea s ure El ectric Ga s Cos t
(kWh) (kW) Sa vi ngs Cos t Incenti ve to High Pa yba ck Si mpl e
CA Li ghting 17,794 2.5 ‐ $4,449 ‐ $9,300 $2,108 $7,192 ‐ 2.1 1.6
Motion Sens ors 556 0.2 ‐ $139 ‐ $800 $300 $500 ‐ 5.8 3.6
Condens ing Boil er ‐ ‐ 2,460 ‐ $3,444 $106,470 $30,000 $76,470 $39,780 11.6 2.8
Ins ul a te HTG Pi pes ‐ ‐ 55 ‐ $77 $40 $25 $15 ‐ 0.5 0.2
Ins ula te DHW Pipes ‐ ‐ 14 ‐ $20 $50 $30 $20 ‐ 2.6 1
Ins ula te Roof Ca vi ty ‐ ‐ 2,410 ‐ $3,374 $11,633 $3,722 $7,911 ‐ 3.4 2.3
Notes:
(1) Savings and analysis is based on an average rate for natural gas of $1 40 per therm and a blended rate for electricity consumption of $0 25 per kWh
$1.40 $0.25 kWh.
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(2) Estimated total simple payback and owner's simple payback are based on the payback of the incremental cost of upgrading to a higher efficiency replacement unit versus a standard
efficiency unit, not the total cost.
27. Case Study 3
Manhattan, Walk-up
Con Edison MFEEP In-Progress
Survey Findings:
- 4 Residential stories, 8 Units
- Masonry construction
- P l sealed d
Poorly l d doors
- Old and magnetically ballasted fixtures
- Poor pipe insulation
- No boiler controls
Estimated T t l C t t O
E ti t d Total Cost to Owner: $1,136
$1 136
Con Edison MFEEP Incentive: $1,604
First Year Energy Savings: $554
Annua l El ectri ci ty Annua l Fi rs t Yea r Es t. ConEd Es t. Tota l Es t.
Energy Cons erva ti on Owner's
Cons umpti on Dema nd Energy Mea s ure MFEEP Si mpl e Owner's
Mea s ure El ectri c Ga s Cos t
(kWh) (kW) Sa vi ngs Cos t Incenti ve Pa yba ck Si mpl e
CA Li ghti ng 1,397 0.02 ‐ $349 ‐ $1,200 $260 $940 3.4 2.7
Ins ul a te DHW Pi pes ‐ ‐ 100 ‐ $140 $490 $294 $196 3.5 1.4
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28. Leverage your own and other people’s
money NOW
• Besides leveraging your own investment in energy and bill
savings measures by acting now, it is possible to leverage
other resources when permitted (e.g., the federal
Weatherization Assistance Program)
g )
• The SBC payments on your utility bills help to create the
funding for this program.
• Get started now and take full advantage of the program
incentives available from Con Edison in 2011.
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29. THE GREEN TEAM CONTACT SUMMARY
Green Team Call Center: 1-877-870-6118
• Oil to Gas Conversion
1-800-643-1289 or www.coned.com/sales/naturalgas/home.asp
• Residential programs
1-800-430-9505 or www.coned.com/energyefficiency
• Small Business – Direct Install
1-888-945-5326 or www.coned.com/energyefficiency/businessdirect.asp
• Commercial programs
1-877-797-6347 www.coned.com/energyefficiency
1 877 797 6347 or www coned com/energyefficiency
• Multi-Family Program
1-877-634-9443 or www aeanyc org/conedmultifamily
www.aeanyc.org/conedmultifamily
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