Post on 02-Jan-2016
description
AN INNOVATIVE APPROACH TO GREEN REHAB
Introduction
Housing Costs
Housing Costs = R + U + T + H
Rent + Utilities + Transportation + Health
Why Go Green?
Reduce operating costs Energy, Water, O&M costs
Increase value of propertyIncrease comfort, health and safetyIncrease margins/profitabilty
Savings for next 20 years go to your bottom-line
Create opportunities and jobs for local contractorsReduce wasteEnvironmental benefits
Reduced GHG, Hg, SOx, NOx,…
Health Benefits
Results of the study: Over 90% of benefits are health Admissions to hospitals for respiratory
conditions drop by 43% Days off school reduce by 23% Days off work drop 39% Psychological and stress benefits Quantitative risks to respiratory health
established EECA energywise New Zealand March 14, 2012
Show me the Money!
Pay utility company OR Pay for green renovation
Current Annual Utility Cost $100,000
Typical Waste/Inefficiencies 25%
Annual Waste / Cost of doing nothing $25,000
Inflation Rate for Energy 5%
Life of Green upgrades (in years) 10
Money you will pay to your Utility Company $314,447
Money available for your Green upgrades Now
$265,000
RebatesOutreach
UTILITIES
ICAST
NMMFA
A Unique Partnership
FinancingGrants
Sales, Project Management, M&V
MF
Utility Partners
One-Stop-Shop
A simple, cost-effective approach:
1. Assessment Scope of Work
2. Access to Funding: Reserves + Utilities + Grants + Loan (MFA or TBL Fund)
3. GC the construction: ICAST (GC) - WAP Agencies + Subcontractors
4. Invoicing & Reporting: Including 1 year of M&V
Decide to Explore Energy Efficiency
Options
Locate Energy Auditors &
Schedule Audits
Compare EE Options to select ones that
best fit your needs?
Will Savings cover the cost of
Investment?
Find the Money: Long term? below market rate? Utility Rebates?
Grants?
Implement: Hire General
Contractor (DIY?)
Identify contractors – different for HVAC, lighting, insulation,
windows, etc.
Select and Manage all contractors continuously
Inspect all the work completed to ensure
it is high quality.
Close-Out: Pay Invoices, complete
reports, Rebate paperwork, etc.
Track Results
Fix Issues if Project did
not Pan Out
Simplified Process
Turn-key and Hassle-Free:
Decide to Go Green
Call One-Stop
-Sho
p
Sit Back and
Enjoy Savings!
ResourceSmart
Portfolio Analysis & Property AssessmentsFinancingProperty Rehab Green Retrofit:
1. EE/DSM/DR
2. Renewable Energy
3. Water Conservation
4. Indoor Air Quality
5. Tenant Engagement
O&M
Whole is Greater than Sum of Parts
Energy Audit
Energy Audit
TBL Fund
Focus - Green Rehab
Target Market:
Multifamily: Affordable Housing
Commercial: Nonprofits, Community Facilities
Geographies Served:
Rocky Mountain region (CO, NM, WY)
Southwest US (TX, OK, AZ)
Services
Access to Financing Grants
Below-market Debto Average 10-year term
o Fixed interest rates
o 1st position or lien not required
Technical Assistance Financial Education and Training
Case Study
20 unit Cibola Apts, Socorro, NM
Green Retrofit :
Attic Insulation
Lighting
Furnaces
Water Conservation
Evap. Coolers
Appliances
Case Study
20 unit Cibola Apts, Socorro, NM
Rehab :
Roof replacement
Repave Parking Lot
New Stairs
Flooring and
Subflooring
ADA compliance
Case Study
20 unit Cibola Apts, Socorro, NM
Funding:
1. Loan from MFA -
$500K
2. WAP Funds - $70K
3. Other Grants - $200K
QUESTIONS?
ravim@icastusa.org
720-261-1086
1-866-590-4377
WWW.RESOURCESMART.ORG/CONTACT
THANKS