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Economics of Energy Efficiency
Energy Change Solutions
Carolyn Schrader
Topics • Green Everywhere and Everything• Primary Drivers to Change• Competitive Advantage• Practitioners
Energy Change Solutions
Everything Is Coming Up Green
• Green car racing• Bamboo anything• Green real estate law
Energy Change Solutions
Everything Is Coming Up Green
• Wal-Mart – sustainability plan requirement of all suppliers
• Smart Grid (monitoring energy usage at user location) – players include Cisco, IBM, Oracle
Energy Change Solutions
3 Primary Drivers to Change
• Investment– Federal government– Cost of new power plants
• Laws & regulations– Federal, state, local
• Competition– Who can make money– Who can save money– Who will be forced to change
Energy Change Solutions
Stimulus Bill – Energy California’s Share
• Energy Efficiency & Conservation Block Grant
• State Energy Program• Smart Grid• Weatherization Assistance • Applied Research, development,
demonstration and deployment• Military facilities• Science & Research facilities• Clean fossil fuel• Environmental clean up• Agriculture/bio-fuel
• $351 mil
• $266 mil• $ 5 mil• $185 mil• $ 13 mil
• $245 mil• $184 mil• $308 mil• $ 62 mil• $ 5 mil
Energy Change Solutions
Stimulus Bill – Energy California’s Share
California’s total share = $1.6 billion• Plus competitive bidding opportunities
on $15.3 billion
Energy Change Solutions
Federal Tax Deductions - Commercial Buildings
• Solar installation
• Owners or designers of new or existing commercial buildings that save at least 50% of the heating and cooling energy of a building that meets ASHRAE Standard 90.1-2001.
• Measures affecting the building envelope,
lighting, or heating and cooling systems
Energy Change Solutions
Federal Tax Credits - Consumer
• Heating/Ventilation/Air Conditioning (HVAC)• Insulation• Exterior Doors & Windows• Skylights• Metal and Asphalt Roofs• Water Heaters• Solar Systems• Small Wind Energy Systems• Hybrid Cars
Energy Change Solutions
Rebates - Commercial• Agriculture• Food services• Food processing• HVAC• Lighting• Refrigeration• Boilers and water heaters• Computing (data centers and PCs)
Energy Change Solutions
Rebates - Consumer• HVAC• Lighting• Appliances• Swimming pool pumps• Cool roofs• Water heaters • insulation
Energy Change Solutions
Additional Rebates• Federal Program: Cash for Consumer
Appliances – CA: refrigerators, clothes washers, room air
conditioners– Can use with other rebates and tax credits– Target: early spring 2010
Energy Change Solutions
State Bills• AB 32• AB 811• AB 1103• SB 375• Executive Orders• Title 24
Energy Change Solutions
AB 32• Requires the California Air Resources
Board to develop regulations and market mechanisms that will ultimately reduce California's greenhouse gas emissions to 1990 level by 2020 (approximately 30%)
Energy Change Solutions
AB 811• Assists municipalities with retrofitting
residential and commercial properties by providing low interest loans for energy efficient installations that are paid for using tax assessments
• In place in Sonoma County, Palm Desert, San Diego, and other locales
Energy Change Solutions
AB 1103• Requires nonresidential building owner
or operator to disclose Energy Star Portfolio Manager benchmarking data and ratings, for the most recent 12-month period, to a prospective buyer, lessee, or lender.
• Effective January 1, 2010
Energy Change Solutions
SB 375• Prompts California regions to work
together to reduce greenhouse gas (GHG) emissions from cars and light trucks.
• Requires integration of planning processes for transportation, land-use and housing.
Energy Change Solutions
Executive Order• New California renewable energy goals is
33% by 2020 and processes improved for licensing renewable projects.
Energy Change Solutions
Other • Title 24 – Green Building Code updates
effective 1/1/10– Light levels, lighting controls, air conditioning
effectiveness, etc.
Energy Change Solutions
Financing
• Solar power purchase agreements• Solar leases• AB 811 loans• EEMs – Energy Efficiency Mortgages• EIMs – Energy Improvement Mortgages
Energy Change Solutions
Competitive Advantage• Response for Proposals (RFPs)
• Supplier bidding
• Customer demand– Greenness of building, eco-friendly products used,
non-styrofoam packaging, local sourcing, recycling, waste reduction
• Employee selection
• Lending/leasing/buying – energy efficiency level
Energy Change Solutions
Practitioners• Home inspection companies• HERS raters• Consultants• Engineers• Utilities• Specialists – HVAC, solar, green builders
Energy Change Solutions
Questions?
Carolyn Schrader
www.energychangesolutions.com530.405.6089
Energy Change Solutions
