CHP = Energy Savings + Reduced CarbonCHP = Energy Savings + Reduced Carbon Footprint + Resiliency ....
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Florian Teme VP, Sales & Marketing Sherif Youssef Director, Sales & Marketing Michel Farag Manager, Major Accounts CHP = Energy Savings + Reduced Carbon Footprint + Resiliency
Transcript of CHP = Energy Savings + Reduced CarbonCHP = Energy Savings + Reduced Carbon Footprint + Resiliency ....
Florian Teme VP, Sales & Marketing Sherif Youssef Director, Sales & Marketing Michel Farag Manager, Major Accounts
CHP = Energy Savings + Reduced Carbon
Footprint + Resiliency
Today’s Agenda
Natural Gas Future Outlook
Why CHP makes sense?
PGW Free Preliminary Evaluation & Economic Study
Available Incentive Programs
• PGW CHP TED Incentive & Rate • PGW CICIP (Commercial Industrial Customer Incentive Program)
• PA Sustainable Development Fund (SDF) & ACE Grant
• PECO Act 129 Incentives
Successful CHP Projects
Natural Gas Future Outlook (Short Term)
Natural Gas Future Outlook (Long Term)
Why CHP makes sense?
On-Site Generation • CHP generates electricity and heat simultaneously, hence
consuming less fuel than separate heating & electric generation systems
• Resiliency
• Carbon footprint reduction Site vs Source kWh Explained
o Higher Heat recovery on-site o Electric transmission losses (8% in our region*) o Electric transformers losses
*Regional losses as per EPA eGrid
PGW Free Preliminary Grade Audit
PGW evaluates current utility bills
We walk through the site to evaluate multiple options Preliminary economic analysis should justify the project ‣We provide multiple financial options Customer hires a contractor/engineer to confirm the economic analysis & estimates the capital cost and scope of work
Incentive money to offset part or all of the capital cost
Customers enjoy savings
PGW TED Incentives & Rate
Technology & Economic Development
• Special rate for CHP & Micro-CHP
• For Micro-CHP: $1000/kW for mCHP < 20 kW $750/kW for mCHP 20-50 kW
PGW Cost Recovery Incentive Program
Customer Incentive Program (CICIP)
• A cost recovery incentive used to convert capital cost into operating cost
• If the project is economically viable, PGW pays up front for the capital cost of the project
• On-Bill cost recovery to recoup the capital cost of the project through energy savings
CICIP Requirements
• Letter of Credit • Cost of Borrowing (5%) • Simple payback of project up to 5 years
Other Incentive Programs
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Sustainable Development Fund
• Mainly for new technology such as Fuel Cells • Grants and loans offered
• Jointly by the Department of Community and Economic Development (DCED) and the Department of Environmental Protection (DEP), under the direction of the Commonwealth Financing Authority (CFA)
Alternative and Clean Energy Program (ACE Grant/Loan)
Other Incentive Programs
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PECO Act 129 Incentives
The Call for CHP Projects is now open
CHP Success Stories in Philadelphia • Cathedral Village & Simpson House Nursing Homes • Aria Torresdale & Cancer Treatment Center Hospitals • Urban Outfitters Fuel Cells, The Navy Yard • Aimco Residential/Office Buildings • Four Seasons Hotel (Logan Square) • SEPTA – Coming 2018
QUESTIONS?
Thank you
Michel Farag [email protected] 215-684-6314
Sherif Youssef [email protected]
Florian Teme [email protected]
