Alternative Financing for Energy Efficiency Eddy Trevino Matt Golden – – Investor Confidence...
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Transcript of Alternative Financing for Energy Efficiency Eddy Trevino Matt Golden – – Investor Confidence...
Alternative Financing for Energy Efficiency
• Eddy Trevino • Matt Golden – – Investor Confidence Project
• Josh Briggs – QECBs
• Michael Flores– High Performance New Construction
• Denise Malloy– Performance Contracting for Public Sector Improvement
Projects
Texas LoanSTAR Program
12/18/13
Maximizing Energy Efficiency while Protecting the Environment
Texas LoanSTAR Program• Low interest revolving loan program for energy
efficiency building retrofits– Premise – Redirecting utility expenses to pay for energy
efficiency capital improvements • Borrowers - Public entities in Texas that own and
occupy their buildings
• 237 loans ($395 million)• Average loan size - $1.4 million • 6.6 year average payback• Cumulative energy savings – $405 million
Typical Energy Efficiency Measures
• Lighting (interior and exterior)• HVAC (chillers, pumps, VFD installations)• Energy Management Systems• Window Tinting• Water efficiency (interior and exterior)• Commissioning• Thermal Storage
• Notice of Loan Fund Availability (NOLFA)– Twice per year
• Loan Size – Max $7,500,000 (current announcement)
• Interest Rate – 2% (on current announcement)
State Energy Conservation Office
http://www.seco.cpa.state.tx.us/
Eddy Trevino, Program [email protected]
512-463-1876