NSTAR TRANSMISSION RELIABILITY PROJECT ENVIRONMENTAL BUSINESS COUNCIL UPDATE
Creative Sources of Funding - Augustine Pimentel, NSTAR
3
Direct Install Program Augie Pimentel
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Presentation delivered at MassRecycle's 4th Annual Green Office / Green Facility Conference, Bentley University, June 15, 2010. Get invited to next year’s conference by signing up to MassRecycle’s free email newsletter at www.massrecycle.org.
Transcript of Creative Sources of Funding - Augustine Pimentel, NSTAR
Direct Install Program
Augie Pimentel
Small Business, Direct Install Program
• Turnkey retrofit services for the small business owner < 300 kW– Dedicated vendors selected from a competitive
bid process– Includes a free energy audit, identification of
energy efficient opportunities (lighting, lighting controls, motors, refrigeration and gas measures), direct installation, and paperwork filled out by vendor.
• Financial Incentives– 70% of total project cost – 12-month 0% Off-Bill Financing
Rivers School Case Study
• Ice Rink and Student Fitness Facility• Performed lighting upgrades• 130,550 kWh saved annually or• $17,000 saved per year • .7 year payback