AEP OHIO BEYOND ENERGY EFFICIENCY

Size: px
Start display at page:

Download "AEP OHIO BEYOND ENERGY EFFICIENCY"

Transcription

1 AEP OHIO BEYOND ENERGY EFFICIENCY

2 2018 ENERGY EFFICIENCY PROGRAMS

3 THANK YOU! AEP Ohio is still counting the numbers, but we d like to thank you for your participation in 2017 We are continuing to focus on the Customer Experience Always seeking feedback from you THE CUSTOMER on how we can do better AEP Ohio is working on a study to monetize Non Energy Benefits & will share with you once complete

4 2018 INCENTIVE PROGRAMS Efficient Products for Business Advanced Lighting Controls HVAC, refrigeration, VFDs.. Process Efficiency Data Center New Construction/Major Renovation Continuous Energy Improvement (CEI) Combined Heat & Power (CHP) Self Direct (retroactive) Efficient Financing for Business 4

5 PROGRAM HIGHLIGHTS Efficient Financing for Business has financed over $300K in business and has another $5 million in the pipeline. Efficient Products for Business have remained steady and easy to submit Advanced Lighting Controls projects have increased amongst different segments Process Efficiency projects are typically very large, pre application is required

6 PROGRAM HIGHLIGHTS Significant bump in Data Center and New Construction participation Customers continue to love CEI Program Seeking future years Combined Heat & Power projects Express Program for small businesses has remained steady

7 FINANCING- FAST & FLEXIBLE Success Story Car dealership financed three LED outdoor lighting projects for just under $127,000 with a three year payback at a low rate for 5 years. Good way to implement projects with little or no out of pocket costs! CASH FLOW POSITIVE DAY 1 Fill out a finance request: Call: (720) or, Info@hbcenergycapital.com

8 CUSTOMER EXPERIENCE

9 ENERGY ADVISORS Your one stop resource for all programs Assigned by geography to contractors & customers We are here to help you with all of your EE projects and applications.

10 AEP Ohio Bid4Efficiency Do you have projects over 25K Incentive? Auction for 2018 projects held in October. Winners will be posted to website in December.

11 ENERGY EFFICIENCY TODAY Barnesville Breakthrough A small hospital shows the healing power of efficiency Solvay s Great Solution An innovative approach gathers steam and re-energizes their Marietta plant Gaining Traction Newlon Tire gets a grip on efficiency and safety

12 HUNTINGTON BANK Measures Implemented Non standard LED lighting Project Cost $316,320 Annual kwh savings 320,437 kwh AEP Ohio Incentive $10,347 Overall reduction in electricity costs 94% Huntington bank has completed many more energy efficiency projects through the various AEP Ohio programs and continues to be a leader in the industry.

13 PNC BUILDING LED s Measures Implemented Project Cost $485,000 Annual kwh savings Replace fluorescent lighting w/leds 660,119 kwh AEP Ohio Incentive $59,622 Payback without Incentive Payback with Incentive Program type 9.1 years 4.3 years Efficient Products

14 CITY OF CANTON Street Lighting Measures Implemented Replace fluorescent lighting w/leds Project Cost $645,064 Annual kwh savings AEP Ohio Incentive Annual Energy savings Program type 660,119 kwh $71,238 $131,925 Efficient Products Safety for citizens and reduced maintenance

15 PROCESS EFFICIENCY Office Building Air handler retrofits, VFD s run at half speed flow Project Cost $64,756 Annual kwh savings AEP Ohio Incentive Payback without Incentive Payback with Incentive Program types 179,021 kwh $18, years 3.2 years Process Efficiency Payback calculated at $0.08 per kwh

16 OHIO HEALTH-DATA CENTER Measures Implemented UPS System upgrades and VFD s to CRAC units Project Cost $1,283,380 Annual kwh savings 403,963 kwh AEP Ohio Incentive $28,872

17 SOLVAY SPECIALTY POLYMER Combined Heat & Power Project Numbers at a glance Project Cost $34,000,000 Annual kwh generated 57,805,000 kwh AEP Ohio Incentive $1,445,125 Alan Wanosky, Operations Manager, Solvay Specialty Polymers, AEP Ohio s incentives gave the whole project a boost.

18 CROWN BATTERY Measures Implemented Battery Charging ARS System Open Loop Geothermal Process Cooling Project Cost $1,299,480 Annual kwh savings 3,285,773 kwh AEP Ohio Incentive $259, Payback without Incentive Payback with Incentive Program types 5.7 years 4.5 years CEI low cost, Process Efficiency, Self Direct

19 ENCORE PLASTICS Measures Implemented Injection Molding Machines, Lighting, VFD s, Chiller Project Cost Approx. $500,000 Annual kwh savings 4,664,303 kwh AEP Ohio Incentive $200,629 Annual electric savings Program types $373,144/yr Self Direct & Efficient Products *Savings calculated using $0.08 per kwh

20 NEW OFFERING AEP Ohio Energy Star Benchmarking Readily available historical utility data, visualized (36 months if available) Automated ENERGY STAR scoring Verify pre- and post-project energy use Less error from manual data collection Assist in planning: set goals, targets, and timelines to measure progress

21 EMotor Rewind Per HP incentives (100-5,000HP) Increases efficiency and longevity Certified facilities Hannon Electric Canton Electric Motor & Service Zanesville Kentucky Service Company Lexington Shoemaker Industrial Columbus

22 Residential Programs Efficient Lighting Discounts Instant discounts up to $5 per bulb on qualifying ENERGY STAR LED bulbs (look for AEP Ohio label) Over 250 participating retailers in-store and AEP on-line lighting store AEPOhio.com/Lighting

23 Appliance Recycling FREE, convenient pickup of appliance Receive a $50 rebate for Refrigerator Recycling (through Nov 30, 2017) Save up to $150 a year on future energy costs Rest assured knowing over 95% of your old fridge or freezer is recycled in an environmentally friendly way Program Requirements: Must be cubic feet in size (internal measurement) Must be operational at time of pickup Call or schedule on-line

24 Rebates for your home Receive cash back on select ENERGY STAR appliances* including: Heat Pump Water Heaters ($500) Heat Pumps ($300) Refrigerators ($50) Mini-split heat pumps ($300) Clothes Washers ($50) Central A/C units ($150) Dehumidifiers ($50) Ground Source HP ($1,200) Smart Thermostats ($100/$75) Online rebate application and details available at AEPOhio.com/Rebates Limit of 1 rebate per residential account per year for each type of appliance

25 Online Energy Profile (Free) Customer completes step-by-step profile of their home Report shows how home uses energy and ways to save Customer eligible for rebates Customer receives free energy efficiency measures: 5 LEDs and LED nightlight Depending on home heating/cooling and water heating systems: Low flow showerhead and faucet aerator Program details at AEPOhio.com/SAVE

26 Efficient Financing for Business Customized Financing Solutions Combining incentives with low interest rates mean many projects will cash flow on day 1 HBC Energy Capital makes financing easy THANK YOU Fill out a finance request: Call: (720) or, Info@hbcenergycapital.com