AHFC Energy Programs Update Energy...AHFC provides a $7,500 rebate for new 5 Star Plus homes. •...

AHFC Energy Programs Update

• Assisting homeowners for 30 years

• Income based

• Homeowners and renters may apply

• Services provided at no cost by 17 providers

• Strong history of performance

1

Weatherization Program

Average Expense Per Unit

$11,000

$7,000 $18,000

$30,000

Road & Marine Highway Air only

Funding level prior to and after FY2008 appropriation

2


$59,700

1 Person in

Anchorage

3

$25,080

DOE Income Level

2008-2010 Residential Weatherization Training

•100+ Alaskan communities


4

State Funding Levels

SFY 2008 $200 million


Total $264 million


5

Weatherization Program Update

Total expended $144.6m

Units complete 5,649

Total expended $164.2m

Total units complete 7,681

December, 31 2011

Projected totals March 31, 2012

March 31,2013

Current totals

Total expended $245m

Total units complete 10,500

Projected totals

6

• Resident health and safety

• Fire safety

• Improves building stock

• Job creation

• Invests in local communities

• Energy Savings

Benefits

7


• Open to all Alaskans

not participating in the

Weatherization

program

• No income

requirements

• Owner-occupied, year-

round residences

• Homeowners pay

upfront and are then

rebated

• “As-Is & Post” energy

ratings

Home Energy Rebate Program

8



SFY 2011 $37.5 million

Total $197.5 million

State Funding Levels


9


10

April 2008 – Jan 30, 2012

Rebates

As-Is

Post

5 Star Plus

Total Expended

16,098

28,365

16,158

1,317

Results

$102.6m

$9.2m

$2.8m

$9.9m

$130.5m


11

All communities

1,746

Waitlist numbers updated 1/27/12

Waitlist

Dispatch

500/month

$11,009 spent

-$6,375 rebate

-$325 As-Is

-$175 Post

= $4,134 homeowner investment

Program snapshot was taken 1/6/2012


Program Snapshot Average Improvement Costs of 15,906 Homeowners

12


13

Average home energy savings

Average home cost savings

Savings

Data as of 9/30/11

$1,297/year

33 percent

Estimates Home Energy Rebate Program

Total Energy Savings 1,649,785 MMBTUs

Total CO2 Emissions Reduced 101,906 net tons

Average home energy savings 33%

Average home cost savings $1,297/year

Average Home Age 33.6 years

As is rating 2 Star Plus

Post rating 4 Star

Average increase in rating 3 Steps

Home Energy Rebate Program Statewide Annual Outcome Estimates as of 9/30/11

14


5 Star Plus New Home Rebate

AHFC provides a $7,500 rebate for new 5 Star Plus homes.

• Not more than one year old

• For original owner

• Must meet all AHFC property financing

requirements

• 5 Star Plus energy rating

15

Rebates

Total Expended

1,317 rebates

$9.9 million Numbers updated 1/30/2012

• Second mortgage

up to $30,000

• 15 Year Loan at the

Taxable Rate

• Active Loans: 77

• Loans Paid Off: 59

Second Mortgage for Energy

Conservation

16 Updated 12/28/11

Alaska Energy Efficiency

Revolving Loan Fund (AEERLF) $250m available for energy efficiency improvements for:

Savings from energy efficiency improvements are used to pay

off the loan

-Schools

-University of Alaska

-State facilities

-Municipal facilities

17

Alaska Energy Efficiency

Revolving Loan Fund (AEERLF)

18

Benchmarked 1200+ facilities

Over 300 Investment Grade Audits to be completed

One loan application submitted to AHFC

Energy Efficiency Benefits

19

Increase

economic

activity

Reduction in

energy costs

and usage:

Other

benefits -Environmental

-Social

-Economic

Enhances

durability &

value of

home

Quality of life

and safety

increase

EE

Investment

AHFC Energy Programs Update Energy...AHFC provides a $7,500 rebate for new 5 Star Plus homes. •...

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