View
2
Download
0
Category
Preview:
Citation preview
Conservation & Demand Management (CDM) Program Update Mike Mulqueen Lead - CDM Business Development Housing Services Energy Forum October 27, 2015
Toronto Hydro
Agenda • CDM 2016 – Update
• Current Programs
• New Pilot Programs & Innovation
2
Toronto Hydro
CDM - UPDATE
3
Toronto Hydro
Conservation First Directive … What’s been happening? • Ministry of Energy Directive received March 31, 2014 • Conservation will not be going away any time soon
– Most cost-effective alternative to new generation – Renewal & Change
• Local Distribution Companies (LDCs) now have energy-only targets (i.e. kWh)
• LDCs formally launching in 2015 (July 1st in Toronto) • LDCs are engaged in program development and renewal
4
Toronto Hydro
How should the marketplace react?...
5
….and carry on
Toronto Hydro
CDM Beyond 2015
• Provincial Long-Term Energy Plan commits CDM to 6 more years of stable funding
• Seamless transition for customers: work with your LDC • 2011-14 Incentive levels to remain unchanged in 2015 • Incentive rates may change starting in 2016
2014 2015
2011-14 Programs
Project Completion
2015-20 Programs APPLICATIONS
APPLICATIONS
Start Date
6
Amending Agreement
Toronto Hydro
CAUTION for Social Housing • Projects submitted on or before July 31, 2014 were
approved under the previous social housing adder rules.
• These projects must be completed by December 31, 2015 or the incentive is at risk
• All projects completed after December 31, 2015 will be re-calculated and paid at the current social housing adder which is 2 times the standard incentive (up to 50% of project costs).
7
Toronto Hydro
PROGRAM DEVELOPMENT
8
Toronto Hydro
CDM Program Evolution
9
Ist
Generation
(2015)
Interim Transition Programs
Redesigned Programs
Additional New Province-Wide
& Regional Programs
2nd Generation
(2016)
Starting any time
Toronto Hydro
2nd Generation and Beyond CDM Business Program Development
10
Enhancement
• Retrofit (2016)
• Audit (2016) • Home Assistance (2016) • Energy Manager (Jan. 2016) • HPNC (2016) • P&S Upgrade (2016) • P&S Upgrade/3rd Party (2015Q4) • Existing Building Commissioning • saveONenergy/LDC websites
New
• Upstream/Midstream (2017) • Operational Savings (2017) • Direct Install (Regional)
Current incentive rates to remain at least until February 2016
Toronto Hydro
CURRENT PROGRAMS
11
Toronto Hydro 12
How to Get Started www.saveonenergy.ca/Find-Programs-in-My-Area.aspx
Toronto Hydro
Audit Funding Program
13
• Supports different types of “one-time” audits
• Funding to cover up to 50% of audit cost
• $0.10/sq ft up to $25,000
• Covers 50% of most travel expenses
• Requires approved 3rd party auditor
• Building Systems Audit can be focused on specific systems, with up to $5000 available:
• HVAC fans & pumps
• Booster pumps
Toronto Hydro
Retrofit Program
14
• Funding to install high-efficiency equipment & control systems
• Cover up to 50% of project costs
• $0.10/kWh (non-lighting)
• $0.05/kWh (lighting)
• Monitoring & Targeting is eligible
• Sub-metering is eligible and provides up-front incentives
• Rooftop Unit Air Conditioning program allows for emergency replacement; enrolment up to 45 days after installation
• Use in combination with Building Systems Audit to accelerate pump, fan and compressor projects
Toronto Hydro
HVAC
Lighting
Controls
Other: • Pumps • Monitoring & Targeting • Elevators • Appliances • Building Envelope • Submeters • Pool
Eligible Retrofit Measures
15
Toronto Hydro 16
Home Assistance Program • FREE energy efficiency upgrades for all income-
qualified residential customers (aligned with Ontario Electricity Support Program)
• Non-Profit buildings 3 storeys or less are eligible
• Home Energy Assessment to determine upgrades
• Professional installation of energy-efficient equipment such as:
• Lighting, power bars, aerators
• Appliances (fridges, freezers, window ACs)
• Draftproofing and attic insulation (electrically-heated homes only)
• Where practical, program delivery co-ordinated with natural gas programs
Toronto Hydro 17
Toronto Hydro
Case Studies: Lighting Upgrades
18
Masters Condominium Four buildings, 950,000 sq feet. 12 to T8 upgrade in common areas - Project Cost: $83,320 - Incentive: $20,893 - Electricity Cost Savings: $41,785 - Simple Payback time: Under 2 years
Toronto Community Housing 31 mid to high-rise apartment buildings LED lighting upgrades in common areas and parking garages
• Total Project Costs: $1,310,688 • Total Incentives: $520,177 (includes $338,560 social housing adder) • Electricity Cost Savings: $435,880 • Simple Payback time: 1.8 years (with incentives) • Simple Payback time: 3 years (without incentives)
Toronto Hydro
Case Studies: Booster Pumps
19
GWL Realty Advisors 24-storey condominium Variable speed drives installed on pumps
• Project Cost: $19,130 • Incentive: $6,508 • Electricity Cost Savings: $7,810 • Simple Payback time: 19 months
CAPREIT Eight high-rise apartment buildings Replacement of cold water booster pumps Most pumps reduced in size (ie. 10HP to 3HP) Variable speed drives installed
• Project Cost: $209,588 • Incentive: $41,829 • Electricity Cost Savings: $43,586 • Simple Payback time: 3.8 years
Toronto Hydro
NEW PILOT PROGRAMS & INNOVATION
20
Toronto Hydro
• Demand Control Ventilation uses CO2 sensors to monitor fresh air requirements for the space and adjusts the dampers to control the intake of outside air
• Typically reducing energy by 20 to 40% • VFDs help save energy by ensuring the fans run at speeds appropriate to
requirements • When the system isn’t conditioning indoor air, the VFD reduces fan speed to
use 60 to 80% less energy
21
Toronto Hydro 22
• Optimizing hydronic systems by retrofitting pumps with Variable Frequency Drives (VFDs) could reduce electricity use by up to 30%
• VFDs together with balancing by a qualified professional can impact electricity consumption
• Paybacks on installations range from 2 to 4 years but can be as quick as 4 months, depending on pump size
Toronto Hydro
Summary • CDM incentive programs are continuing • Include conservation in your capital plans • Speak to your LDC – We can help you with any project,
large or small. • Stay tuned for new program announcements
23
Toronto Hydro 24
Toronto Hydro 25
Disclaimer The information in these materials is based on information currently available to Toronto Hydro Corporation and its affiliates (together hereinafter referred to as “Toronto Hydro”), and is provided for information purposes only. Toronto Hydro does not warrant the accuracy, reliability, completeness or timeliness of the information and undertakes no obligation to revise or update these materials. Toronto Hydro (including its directors, officers, employees, agents and subcontractors) hereby waives any and all liability for damages of whatever kind and nature which may occur or be suffered as a result of the use of these materials or reliance on the information therein. These materials may also contain forward-looking information within the meaning of applicable securities laws in Canada ("Forward-Looking Information"). The purpose of the Forward-Looking Information is to provide Toronto Hydro’s expectations about future results of operations, performance, business prospects and opportunities and may not be appropriate for other purposes. All Forward-Looking Information is given pursuant to the "safe harbour" provisions of applicable Canadian securities legislation. The words "anticipates", "believes", "budgets", "could", "estimates", "expects", "forecasts", "intends", "may", "might", "plans", "projects", "schedule", "should", "will", "would" and similar expressions are often intended to identify Forward-Looking Information, although not all Forward-Looking Information contains these identifying words. The Forward-Looking Information reflects the current beliefs of, and is based on information currently available to, Toronto Hydro’s management. The Forward-Looking Information in these materials includes, but is not limited to, statements regarding Toronto Hydro’s future results of operations, performance, business prospects and opportunities. The statements that make up the Forward-Looking Information are based on assumptions that include, but are not limited to, the future course of the economy and financial markets, the receipt of applicable regulatory approvals and requested rate orders, the receipt of favourable judgments, the level of interest rates, Toronto Hydro’s ability to borrow, and the fair market value of Toronto Hydro’s investments. The Forward-Looking Information is subject to risks, uncertainties and other factors that could cause actual results to differ materially from historical results or results anticipated by the Forward-Looking Information. The factors which could cause results or events to differ from current expectations include, but are not limited to, the timing and amount of future cash flows generated by Toronto Hydro's investments, market liquidity and the quality of the underlying assets and financial instruments, the timing and extent of changes in prevailing interest rates, inflation levels, legislative, judicial and regulatory developments that could affect revenues, and the results of borrowing efforts. Toronto Hydro cautions that this list of factors is not exclusive. All Forward-Looking Information in these materials is qualified in its entirety by the above cautionary statements and, except as required by law, Toronto Hydro undertakes no obligation to revise or update any Forward-Looking Information as a result of new information, future events or otherwise after the date hereof.
Recommended