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Investing in Energy Efficiency in your Business
Who we are What we doResources on the back table…
•Contact information later…
About CVPS . . .About CVPS . . .
•Company organized in 1929•Consolidation of 8 electric companies• Today CVPS is comprised of over 100 companies
•Serves over 151,000 Customers•Largest electric provider in Vermont
CVPS Cow Power
•Provides customers a renewable choice.
•Provides Vermont dairy farmers with a new revenue stream and new manure management options.
•Provides Vermont with new tool to protect the environment.
A renewable energy program directly linking farm based renewable energy produced from cow manure with customer choice.
•Reduced methane emissions
•Annual environmental benefit equivalent to removing 3,500 metric tons of carbon dioxide from the air
• Equal to 18 rail cars of coal not burned or a 2,900 acre pine forest’s ability to absorb CO2.
Environmental BenefitsEnvironmental Benefits
Demand Side Management ProgramsDemand Side Management ProgramsPrior to 1999
•Programs were implemented by individual utilities
•Energy Efficient Programs
•Lighting, motors, etc.
1999
•Efficiency Vermont created by VT Public Service Board & VT Legislature
•Administer consistent set of statewide energy efficiency programs
•Energy Efficiency Utility – first of kind in USA
Vermont’s Energy Efficiency Utility•A resource for all Vermont Electric Ratepayers—Households, Businesses & Farms
•Efficiency Vermont is managed by Vermont Energy Investment Corp.—a Vermont company
•Our contract is competitively bid/performance based•Efficiency Vermont provides technical and financial services to help Vermonters save energy
•Funded by electric ratepayers
Why Make Energy Efficiency a Priority for Your Business?
Energy is one of the few costs of doing business over which you can have some control
It’s a way to reduce costs that can actually pay for itself
Efficiency Vermont: How does it work for you?
Energy Efficiency Consultant—Working on your behalf—Identifying cost-effective energy efficiency solutions
New Construction, Renovation, Equipment Upgrades, Equipment Replacement
Professional/Technical team providing innovative engineering review and cost-savings analysis, financial incentives.
Efficiency Vermont Services:
• Identify Opportunities (Design & Equipment)
• Technical Assistance
• Financial Incentives
• Collaboration with your contractor
• Computer Modeling/Cost Benefit Analysis
• Financing Solutions
There’s a level of service to meet every need...
•Simple to Comprehensive
•Maintenance
•Facility Upgrades
•Renovation & New Construction
•Economic & Project Requirements
Financial Incentives:
• Prescriptive: Set rebate amounts; can be submitted
retroactively- many types of equipment is covered
• Custom High performance building design
• Energy Efficient Products/Controls
• Custom incentive packages
• Comprehensive Approach
• Engineering/Economic Analysis
• Modeling/Collaboration w/Project Team
Our Goal… is not just incentive dollars
To develop a solution that meets your
needs...
• Reduce energy costs
• Reduce Maintenance Cost
• Improved Building Performance
• Lower Lifecycle Costs
• Favorable Return on Investment
…and provide long-term benefits
What is driving your energy costs?
Consider how your rate effects you costs…High wattage appliances drive up demand Demand is expensive! $$$
Reduce your demand by pin pointing high wattageitems and reducing run time or shutting them down.
This is little or no capital improvement costs to you!
or better yet… CVPS can be your expert resource!
UnderstandingUnderstanding Electric BillsElectric BillsResidential
•Service Charge
•Energy (kwh)
•Energy Efficiency Charge
Commercial and Industrial
•Service Charge
•Energy (kwh)
•Demand (kw)
•Power Factor Charge
•Energy Efficiency Charge
Demand – What is it?Demand – What is it?
Rate which energy is used = POWER (KW)Measured in 15-minute intervalsBill reflects the MAXIMUM demandBased on number and size of equipment requiring electricity simultaneously
• More equipment energized at one time, the greater the demand
Ratchet DemandRatchet Demand
•T&D Charges – Maximum billing feature
•Maximum demand established during the current billing cycle or any one of the prior 11 months – whichever is greater
Power Factor ChargePower Factor ChargeRecovers cost of providing additional
capacity to inductive loads (KVAR)Not included in demand chargeNo measured by standard demand meter
• Example: Utility may have to provide 110 kw when the facility needs 100 kw
Billing adjustment applies when PF is below 85%
How to Reach us
www.cvps.com
Energy saving tipsResidential self-auditRate information
Customer Service 1-800-649-2877
www.efficiencyvermont.com
Efficiency Vermont255 S. Champlain StreetBurlington, Vermont 05401-4717 Customer Service (888) 921-5990 Phone