Alternative Financing for Energy Efficiency

• Eddy Trevino • Matt Golden – – Investor Confidence Project

• Josh Briggs – QECBs

• Michael Flores– High Performance New Construction

• Denise Malloy– Performance Contracting for Public Sector Improvement

Projects

Texas LoanSTAR Program

12/18/13

Maximizing Energy Efficiency while Protecting the Environment

Texas LoanSTAR Program• Low interest revolving loan program for energy

efficiency building retrofits– Premise – Redirecting utility expenses to pay for energy

efficiency capital improvements • Borrowers - Public entities in Texas that own and

occupy their buildings

• 237 loans ($395 million)• Average loan size - $1.4 million • 6.6 year average payback• Cumulative energy savings – $405 million

Typical Energy Efficiency Measures

• Lighting (interior and exterior)• HVAC (chillers, pumps, VFD installations)• Energy Management Systems• Window Tinting• Water efficiency (interior and exterior)• Commissioning• Thermal Storage

• Notice of Loan Fund Availability (NOLFA)– Twice per year

• Loan Size – Max $7,500,000 (current announcement)• Interest Rate – 2% (on current announcement)

State Energy Conservation Office

http://www.seco.cpa.state.tx.us/

Eddy Trevino, Program Managereddy.trevino@cpa.texas.gov

512-463-1876