hawaiienergy.com Graceson Ghen

hawaiienergy.com  Hawaii’s energy conservation and efficiency program  Administered by Leidos Engineering, LLC under the direction of the Hawaii Public Utilities Commission  Funded by electric ratepayers >> YOU!  Helping to achieve Hawaii’s goal of reducing electricity usage 30% by 2030 and 100% clean energy by 2045 HAWAII ENERGY IS:

hawaiienergy.com Meet Hawaii’s energy demand through conservation and clean- energy sources Make Hawaii a national leader in smart energy use Create new jobs and a new, energy- based economy in Hawaii Governor Lingle & Department of Energy signed a historic memorandum in 2008: HAWAII CLEAN ENERGY INITIATIVE

hawaiienergy.com WHAT WE DO  Provide Incentive funding for residential and commercial energy-efficient upgrades and equipment  Support and provide education and training opportunities, ranging from teachers to energy industry professionals  An opportunity for you to help your customers save money and energy, while growing your business 4

hawaiienergy.com  We have the nation’s highest electricity rates  3 times the national average! WHY IS ENERGY EFFICIENCY IMPORTANT?

hawaiienergy.com 6 U.S. Electricity Generation Hawaii Electricity Generation

hawaiienergy.com HIGHLIGHTS FROM OUR LAST PROGRAM YEAR In incentive paid to business customers $11,223, Million kWh saved per year million in customer savings per year $14.3 Overall Reduction vs. previous electricity sales 1.5%

hawaiienergy.com WHY INVEST IN ENERGY EFFICIENCY  More competitive  More profitable  More valuable 8

hawaiienergy.com Low Risk / High Reward! 9 US T-Bills Long-Term Corporate Bonds 40% 30% 20% 10% 0% 40%30%20%10%0% Common Stocks Small Company Stocks Energy Efficiency Risk Index (year-to-year volatility) Average Annual Return Efficiency Investment Risks and Returns Source: ACEEE estimates for energy efficiency; other estimates adapted from the Vanguard Group. Steven Nadel, ACEEE, Testimony for July 24, 2014 Hearing.

hawaiienergy.com  Residential and Commercial ratepayers in Hawaii, Honolulu and Maui counties  Commercial program is for commercial Businesses, Non- profits, Schools.  Residential Ratepayers are eligible for residential program offerings. WHO QUALIFIES FOR HAWAII ENERGY INCENTIVES? 10

hawaiienergy.com TYPES OF INCENTIVES 11 PRESCRIPTIVECUSTOMIZED ENERGY SERVICES & MAINTENANCE LightingNew Construction/RetrofitEnergy Audits HVACLightingEnergy Study Assistance Water Heating Energy Study Project Implementation VFDsDesign Assistance Pumps & Motors Building Envelope Specialty Equipment

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WHY INVEST IN ENERGY EFFICIENT LIGHTING  Improved lighting levels  Improved visual comfort  Improved aesthetics  Improved productivity, sales, morale 14

hawaiienergy.com Energy Star ® or DLC or Lighting Facts approved LED bulbs LED Rebates A19 - $5 rebate MR16 & PAR Lamps - $9 rebate E NERGY S TAR ® LED L AMPS

hawaiienergy.com LED RETROFIT –H OTEL L OBBY 100 CFL recessed fixture at 35w per fixture 24/7 burn time Replaced with recessed LED on dimming controls at 12.5w Energy Savings: 2.26 kW 19,798 kWh HE rebate = $1,000 Annual Savings = $5,570

hawaiienergy.com 17 V ARIABLE R EFRIGERANT F LOW HVAC units with inverter driven variable speed compressors, air handler fans, condenser fans and high efficiency motors provide 20-35% reduction in energy use. $300 per ton

hawaiienergy.com A variable frequency drive control to Air Handler, Chilled & Condensing Water Pumps, Domestic Water Pumps $50-80/ hp (for retrofit only) VFD domestic water pump system $3000 plus $80 per hp for the system

hawaiienergy.com 19 R EFRIGERATED C ASE AND F AN C OIL U NIT ECM M OTOR /C ONTROLLER R ETROFITS Dramatic improvement over older shaded pole motors commonly used in refrigeration systems and fan coil units. Can save 30-40% Commercial Refrigeration $85 per motor w/ controls Fan Coil application $55 per motor w/ controls

hawaiienergy.com C USTOMIZED P ROJECTS Measure Life Reduction in Energy Use Incentive Evening Peak Demand Reduction (5-9 p.m. Weekdays) ≤ 5 years$0.10/kWh$125/kW > 5 years$0.15/kWh$125/kW Measure Life Reduction in Energy Use Incentive Evening Peak Demand Reduction (5-9 p.m. Weekdays) Day Peak Demand Reduction (12-2 p.m. Weekdays) ≤ 5 years$0.10/kWh$125/kW*$100/kW > 5 years$0.20/kWh$125/kW*$100/kW * HVAC application only Customized Lighting All Other Measures

hawaiienergy.com 85% up to $5,000 3¢ per square foot for Lights / HVAC 5¢ per square foot for Specialty Process Loads

hawaiienergy.com 50% up to $15,000 Capped at 15¢ per square foot

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SAVING ENERGY THE LEAST EXPENSIVE KWH IS THE ONE YOU NEVER USE. ENERGY EFFICIENCY MEASURES WILL PAY OFF - IT’S WORTH YOUR EFFORT. Get the latest updates! Sign up for our e-newsletter at hawaiienergy.com/newsletterhawaiienergy.com/newsletter

hawaiienergy.com Graceson Ghen Neighbor Islands: Mahalo!