Welcome Home to Savings Renewable Energy in Subsidized Multifamily Housing Building Revolutionaries

Agenda Challenge Solution One-stop shop Six-step action plan Hypothetical case-study impact Conclusion

Challenge 100 MW of renewable energy in federally subsidized housing by 2020 Overcome the split incentive Streamline financing and installation process

Solution Comprehensive HUD database Streamlined process Easy decisions for owner Hassle- and worry-free financing Encourages participation Improves transparency Establishes trust and relationships Building Assessment Energy Audit One stop shop Clean energy alternatives Incentives Financing

Six-Step Action Plan Eligibility Criteria Energy Audit Optimum Solutions Financing Follow- up Education, Awareness & Outreach

Six-Step Action Plan, continued 2 Creation of a comprehensive database for HUD Multifamily family housing with 40 – 80 units Eligibility Criteria Privately Owned Existing multifamily units HUD subsidized Projects not refinancing units >30 years old Not PHAs (public housing agency)

Six-Step Action Plan, continued 3 Multifamily Inventory of units for the elderly and Persons with Disabilities, CA 2014 Eligibility Criteria Privately Owned Existing multifamily units HUD subsidized Projects not refinancing units >30 years old Not PHAs (public housing agency)

Six-Step Action Plan, continued 4 Goal: Hassle-free decision making Analyze data for owner Offer design alternatives Based on Price Based on payback Based on project length

Six-Step Action Plan, continued 5 Zip code Climate data Available rooftop sq. ft. (for solar panels) Available grounds sq. ft. (for ground source heat pumps) Total # of units Unit Sizes Total # occupants

Six-Step Action Plan, continued 6 Natural Gas Usage data Electric Usage data Water Utility Usage data Party responsible for utility bill: Living Unit Space heat  Tenant  Owner Hot Water  Tenant  Owner Electricity  Tenant  Owner Cooking Gas  Tenant  Owner * Assumed owner pays for common area utilities

Six-Step Action Plan, continued 7 Primary heating fuel Natural gas Electric Other Type of Heating System Central boiler Individual forced air Individual electric Type of Air Conditioning Central A/C Window Units (#:___) None

Six-Step Action Plan, continued 8 Energy efficiency rating* of: Refrigerator/freezer:__ Dishwasher:__ Oven:__ Microwave:__ Interior lights:__ *As listed when new Age of: Refrigerator/freezer:__ Dishwasher:__ Oven:__ Microwave:__ Interior lights:__

Six-Step Action Plan, continued 9 Hire certified weatherization auditor Check for leaks and thermal bridges Walls Attic Basement Doors Windows

Optimum Solutions Strategy: Money Time Scenario 1Scenario 2 Scenario 3Scenario 4

Optimum Solutions, continued 2 Solar energy Ground source heat pump Weatherization Additional renewable energy? Future solution?

Optimum Solutions, continued 3 On Bill Repayment (OBR) + Incentives + Policies Provides upfront costs Flexibility Public vs. Private Loan vs. tariff Win – win situation for all

Optimum Solutions, continued 4 Avoid bill neutrality

Six-Step Action Plan, continued 10 Compare utility bills pre- and post- clean energy project installation Verify that money is being saved so bills can be paid Provision of reserve funding for projects not realizing expected savings

Six-Step Action Plan, continued 11 Partner with local building owner and manager associations Form local advisory committees Free on-site assessments Multiple pathways for participation Owners use HUD website HUD contacts owners Multiple pathways for execution Prescriptive rebates vs. performance-based incentives Variable program intensity Fast-tracking smaller projects

Hypothetical Case study Project Details: Location: Fresno, Ca Units:61 Area(rooftop): 15,000 sq. ft. AmountTimeline $5000 (min)3yrs 100,000 (max)6yrs Hypothetical Case study Project InformationMultifamily housing Project cost$80,000 Rebates/Incentives amount$27,000 Financeable amount$53,000 Estimated Energy Production15kW Estimated Monthly Electricity Cost Savings $740 Monthly debt repayment$737 Months to Fully repay loan72 (6 years) Source:

Hypothetical Case study, continued 2 Potential renewable energy production 15kW/61 units 6 MW for California alone

Conclusion One-stop shop Six-step process Customizable projects Simplified decisions Savings for all parties