Financing and Implementing Energy Efficiency Initiatives

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1 Financing and Implementing Energy Efficiency Initiatives Jeff Hughes Glenn Barnes UNC Environmental Finance Center March 7,

2 Housekeeping

3 What is the EFC? Dedicated to enhancing the ability of governments and organizations to provide environmental programs and services in fair, effective and financially sustainable ways. Housed at the UNC School of Government.

4 Workshop Objectives Learn how to support interesting energy improvement work being done by local governments and others Identify and evaluate different partners and financing strategies Provide forum for sharing finance and management perspectives, ideas, and experiences

5 Scope of Energy Programs Government Facilities, Operations & Maintenance Employee actions The community

6 Three Guiding Principles for CDD To increase the standards of living for North Carolinians; To reduce inequality; and To promote and encourage sustainable resource use and production Source: Henry McCoy

7 Promote and encourage sustainable resource use and production Of the guiding principles, this one probably has the clearest tie to energy efficiency and renewable energy and it relates to the infrastructure core area of community development But what about the other two?

8 Increase the standards of living for North Carolinians Job creation is a core area of community development Jobs actually doing the energy improvements Jobs saved by energy cost savings to public and private sectors Energy efficiency in residences leads to improved comfort

9 Reduce inequality Electricity rates in North Carolina are below the national average Average annual bill is between 2-5 percent of MHI but is that affordable?

10 Reduce inequality For half of all residents in a given community, their bill is more than 2-5% Bills are higher for municipal utilities and for coops that serve rural areas Energy improvements can bring down the bills for lower income families a tie to the core area of housing

11 Agenda for Today Energy Efficiency Projects and Initiatives Defined Establishing Successful Partnerships and Working Relationships Financing and Funding Energy Efficiency Initiatives Small group activity

12 The Key for Today How do we get energy improvement efforts up and running across North Carolina? What are the best projects? Who are key partners? How do we pay for them?

13 Getting Comfortable with the Voting Devices: An Introductory Question

14 Which team are you pulling for in the ACC Tournament? 1. NC State 36% 2. UNC 30% 3. Duke 4. Wake Forest 14% 18% 5. Other 2% NC State UNC Duke Wake Forest Other

15 Which of the following best describes your educational background? 1. Engineering/science 2. Planning 3. Law 4. Finance/accounting 5. General management/ public administration 6. Other including South African Literature Engineering/sc... 38% 25% 21% 8% 8% 0% Planning Law Finance/accoun... General manage... Other includin...

16 I live in a home with (mark all) 1. Water efficient washing machine 2. Solar hot water or PV 3. Recently completed energy audit 4. Programmable thermostat 5. Very high level of insulation 6. Almost all high efficiency lighting (CFL, LED) Water efficien... 49% Solar hot wate... 0% Recently compl... 12% Programmable t... 57% 33% Very high leve... 47% Almost all hig...

17 Energy Efficiency Projects and Initiatives Defined

18 Have you assisted a local government with energy improvements in government facilities? 1. Yes 2. No 90% 10% Yes No

19 If you said yes, please share your stories: What projects have you worked on? What other activities have you seen?

20 Have you assisted with a community or rural energy improvement program? 1. Yes 2. No 90% 10% Yes No

21 If you said yes, please share your stories: What projects have you worked on? What other activities have you seen?

22 Lots of Projects... General Government Buildings Libraries Schools Prisons Police & Fire Stations Community/Senior Centers Parking Decks Landfills Transit Depots Convention Centers Parks & Outdoor Venues Water & Wastewater Treatment Plants

23 NAME A FEW PROJECTS YOU ARE INTERESTED IN OR HAVE WORKED ON?

24 Examples of Energy Improvement Projects in Government Facilities Lighting Insulation Water/Wastewater Pumps Street Lights Solar Hot Water Landfill Gas Green Building design Renewables Biosolids to Energy

25 Examples of Community Energy Projects and Initiatives Weatherization for low income households Weatherization for public housing Paying for retrofits Rebates on energy improvements EE programs in schools Discounted/expedited permitting Residential loans Commercial loans Hog Waste to Energy Poultry Waste to Energy

26 Questions?