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Finger Lakes Energy $mart Communities Program

Finger Lakes Energy $mart Communities Program Matthew Griffiths, Coordinator Genesee Finger Lakes Regional Planning Council What is NYSERDA? Public Benefit Corporation Created by the Legislature in 1975 Conduct finance programs for Energy and Environmental Research and Development

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Finger Lakes Energy $mart Communities Program

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  1. Finger Lakes Energy $mart Communities Program Matthew Griffiths, Coordinator Genesee Finger Lakes Regional Planning Council

  2. What is NYSERDA? • Public Benefit Corporation • Created by the Legislature in 1975 • Conduct finance programs for • Energy and Environmental Research and Development • Deployment of Energy Efficient Technologies (residential & commercial) • Low Income Residential

  3. NYSERDA SBC Strategy • PSC’s Public Policy Goals • Improve system wide reliability and peak reduction thru energy efficiency actions • Improve energy efficiency and access to energy options for underserved customers • Reduce environmental impacts of energy production and use • Facilitate competition to benefit end-users • NYSERDA portfolio of +30 SBC Programs • Significant Progress Towards Goals

  4. NY SBC Program Budget Allocation($787 Million – June 2001 thru June 2006)

  5. SBC Eligible Participants • Central Hudson Gas and Electric Corp. • Consolidated Edison Co. of New York, Inc. • New York State Electric and Gas Corp. • National Grid • Orange and Rockland Utilities, Inc. • Rochester Gas & Electric

  6. NYSERDA’s R&D Programs • Research and Development • Provide financial/technical assistance to New York businesses who are developing energy/ environmental technologies • New products manufactured in New York • Innovative processes that save energy • R&D Programs • Industry • Buildings • Energy Resources • Transportation and Power Systems • Environment

  7. What’s Hot • Distributed Generation/Combine Heat & Power • Industrial Process Improvements • Renewable Technologies • RPS Procurement • Site Renewable Mfg Plants • Transmission & Distribution - NYSERDA/Electric Power Research Institute (EPRI) developing a statewide strategic R&D plan • Hydrogen Infrastructure

  8. Technical Assistance Objective: Establish network of TA providers • Feasibility Studies • Energy Operations Management • Rate Analysis & Aggregation • CHP & Renewable Generation • FlexTech • Audits

  9. FlexTech • 36 engineering firms under contract with NYSERDA • First come, first serve • All types of energy engineering assistance is eligible • NYSERDA reimburses customer up to 50% of the study cost up to a maximum of $50,000

  10. Energy Audit Program • Small businesses and other facilities • Helps identify improvements that yield electric savings • Audit cost depends on annual electric bill Annual Electric BillEnergy Audit Fee Less than $12,000 $200 $12,000 - $48,000 $400 $48,000 - $100,000 $600 Audit fee is refundable if recommended measures are implemented

  11. New Construction Program Objective: • Transform the way buildings are designed and built Services: • Both new construction and substantial renovations • Technical assistance • Financial incentives to offset added costs associated with more energy-efficient equipment and systems • Commissioning

  12. New Construction Program • Applicants may choose among pre-qualified equipment ($50,000 cap/$120,000 for geothermal) , custom measures ($120,000 cap) or whole building design incentives ($300,000 cap/$375,00 for LEED certified buildings) • Whole building design and performance-based incentives are capped at 60% of the incremental costs of qualified electric energy-efficient measures • NYSERDA will fund the initial $5,000 for technical assistance and cost share (50/50) the remainder up to a maximum of $100,000

  13. New Construction Program • Incentives available for design and installation of advanced solar and daylighting technologies ($200,000 cap) • Building commissioning required for projects over $100,000 in incentives. • Applicants eligible for up to $50,000 in commissioning services

  14. Green Building Program • Designed to minimize the environmental and economic impacts of commercial, industrial, and institutional buildings in New York State. • Long-term goal is to make green design standard practice. • Services provided: Materials Analysis Energy Modeling LEED Assessment Commissioning Training Design Guidelines

  15. Commercial/Industrial Performance Objective: Build a Robust ESCO Industry • Provides incentives to contractors that deliver verifiable electric energy savings • Standard Performance Contract is between NYSERDA and contractor • Contractor - Energy Service Company or ESCO

  16. Commercial & Industrial Performance • Financial incentives paid on a performance basis to contractors implementing cost-effective electrical efficiency improvements. • $400,000 cap per end user. • Incentives paid per kilowatt hour of savings are: $0.05 for lighting efficiency $0.10 for motors & other pre-approved measures $0.20 for cooling Custom measures on a case-by-case basis

  17. Energy $mart Loan Fund • NYSERDA “buys down” the interest rate on loans by 4% • Loans must be with a lender participating in the Program – NYSERDA does not make the loans • Maximum amount bought down is $1,000,000 • Maximum length of buy down is 10 years

  18. Smart Equipment Choices Program • Incentives defray a portion of the incremental capital cost of energy-efficient equipment • All equipment is pre-qualified and paid on a per measure basis • Maximum incentive $10,000

  19. New York Energy $martSMProgram Economic and Environmental Benefits • $2.8 billion capital investment in New York • $1 of public benefit investment leverages additional $2.5 of private investment • $198 million annual reduction in energy costs • 4,200 net jobs created or retained • 1,400 GWh per year saved; equivalent to providing energy to 230,000 households • Annual emission reductions (tons) • Nitrogen oxides (NOx) – 1,280 • Sulfur dioxides (SO2) – 2,320 • Carbon dioxide (CO2) – 1,000,000 (equivalent to 200,000 fewer cars on the road)

  20. Contact Information: Matthew Griffiths 585-454-0190 ext 22 mgriffiths@gflrpc.org 518-862-1090 1-866-NYSERDA info@nyserda.org www,nyserda.org

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