Energy Efficient Investments ENE Energy Advisors Performance Contracting in New Hampshire March 21, 2015

The EEI & ENE Energy Advisors ENE Systems, Inc. is the largest independently owned Controls Contractor in New England (Since 1987). EEI was founded by ENE to service New Hampshire clients (Since 2007). Local ownership and management

What is Energy Performance Contracting? A vehicle for financing energy upgrades, renewables projects, and building improvements in a tax-neutral way. The energy savings pays for the project over time, saving taxpayers money over the life of the project.

History in New Hampshire 1993 legislation Any state agency or municipality may enter into an energy performance contract for the purpose of undertaking or implementing energy conservation or alternate energy measures in a facility. An energy performance contract may include, but shall not be limited to, options such as joint ventures, shared-savings contracts, positive cash flow financing or energy service contracts, or any combination thereof, provided that at the conclusion of the contract the agency will receive title to the energy system being financed, if the agency so desires.

Why Bother with Performance Contracting? 1. Enables municipality to do holistic building Capital-improvements (not just lighting projects!). 2. Move beyond low hanging fruit. 3. Guaranteed Energy savings. 4. Improve building controls. 5. Easiest way to get things done. Any good performance contractor should guarantee their advertised savings.

Recent Legislative Changes Rules clarifying Lease Financing Change of payback period from 10 to 20 years

Experience on NH Projects Hanover School District Shaker School District City of Portsmouth City of Franklin Grappone Conference Center

Performance Contracting Success Stories State of New Hampshire Liquor Commission and several other departments (Ameresco/Noresco). Winnacunnet School District (Honeywell). Shaker Region School District (EEI). City of Manchester (Noresco/Aramark/EEI).

Keys to Successful Project 1) Setting Expectations. 2) Focus on all benefits of project (Payback, replacement of aging equipment, facility benefits, comfort of building occupants). 3) Internal project champion. Project champions are you folks here today. 4)Understanding Approval Process.

Reasons Projects do not get approved Financing. Complexity of approval process. Lack of internal champion. All low hanging fruit already done, leaving only long payback items!

Project Highlights Manchester NH School District. EEI audited and implemented projects in 22 schools over two years. $3.7 Million in expenditures. More than $750,000 in rebates and grants. New Boilers, ERV Units, Building Controls, HVAC Commissioning, Transformer Replacements & LED Lighting.

Ready for LED? McLaughlin School Manchester is almost entirely LED Lighting. 10,000 KWH hour per month in savings. 6 year payback on a product with 22 year rated life. All Classroom fixtures are now dimmable. City will convert all Streetlights to LED.

LED Street Lights Will offer Cities and Towns payback between 3-6 years. Offer less maintenance, better light output, major energy savings, enhanced control options. And they save EVERYBODY money.

Shaker School District Phase I Performance Contract Remove 1960’s boiler, replace T12 lights. Phase II Performance Contract (Renewables all Schools, LEDs all spaces, improve building controls).

Wood Pellet Solutions Over 10 year period pellets have been much cheaper than oil and State of New Hampshire will generate renewable credits with NH Public Utilities Commission.

EEI Approach Turnkey Project Solutions, customer doesn’t lift-a-finger. Right Sizing of Projects, we have our own in-house engineers. Open Source Selection of Vendor and Materials, we do not bring in our own contractors. Guarantee of Energy Savings. Apply for Rebates and Grants.

State of NH Recent Fuel Economy 2013-2014

Current Fuel Prices

Questions & Answers Please email follow-up questions to Mike Davey at mdavey@eeiservices.com