London’s building retrofit programme "Putting our energy into reducing yours" Dimitri Hadjidakis Programme Delivery Unit Director

The Mayor’s Commitment London Mayor’s Climate Change Target Today Reduction in greenhouse gas emissions by 60% below 1990 levels by 2025 UK Climate Change Act (2008) Reduction in greenhouse gas emissions by 80% below 1990 levels by European Target Reduction in greenhouse gas emissions by 20% below 1990 levels by % increase in renewables 20% cut in energy consumption The Mayor’s commitment

Run a mini competition to select an Energy Service Company (ESCo) to carry out the works and guarantee energy savings Payback of the investment is guaranteed with the delivery risk transferred to the ESCo Identify buildings to retrofit, set a target energy saving and payback period RE:FIT allows public bodies to make substantial cost savings, reduce energy bills and the carbon footprint of their buildings The RE:FIT approach Summary % Savings Maximum Investment Payback Period

Balfour Beatty Workplace British Gas Trading Ltd COFELY Ltd EDF Energy Customers Plc E.ON Energy Solutions Ltd ETDE FM Ltd Honeywell Control Systems Ltd Imtech Technical Services Ltd Norland Managed Services Ltd MCW MITIE TFM Ltd Skanska Construction UK Ltd Willmott Dixon Energy Services Ltd Framework of approved suppliers

District Heating CHP VSDs on pumps and fans PC control Voltage optimisation Lighting & controls BMS controls Heat recovery Solar thermal Photovoltaic panels Cavity wall insulation Loft insulation Insulation to pipework Secondary glazing Draught proofing Radiator reflector panels 1E Nightwatchman software for PC auto shutdown Energy Conservation Measures include:

The Programme Delivery Unit Manages the RE:FIT framework of suppliers Facilitates the uptake by London-based public sector organisations Supports clients through all programme stages Uses experience and lessons learnt to develop best practice templates and standards Funded by ELENA (European Local Energy Assistance Programme) and the GLA Provided at no cost to London’s public sector organisations

The Programme Delivery Unit team Dimitri Hadjidakis Programme Director Robert McKinnon Marketing & Engagement Jon Spring Benchmarking Tristan Oliver Technical Team Roger Simpson-Jones Procurement Chloe DeBanks-Hirst Programme Office Merv Chapman Chloe DeBanks-Hirst Chris Sampson Elliot Smith Phil Toombs Natalie Crane David Rees Catherine Roche Rommy Perea Chris Spicer Mark Phelpstead Vicky Kingston GLA Programme Manager

RE:FIT achievements Universities Hospitals Cultural centres Colleges Retrofitting completed/near completion on 136 buildings including: Schools Fire stations Police buildings Leisure centres 73 London organisations are currently engaged with RE:FIT: 27 London Boroughs 19 NHS Organisations 27 others £2.16m energy bill savings per annum £15m investment Civic centres Office buildings Community buildings Libraries

First building retrofitted RE:FIT Pilot 42 buildings £1m energy bill savings per annum 111 buildings £2m energy bill savings per annum £13.3m investment RE:FIT past, present and future Target > 600 buildings Savings of up to £12m in energy bills per annum Pipeline of 400 buildings Savings of over £5m p.a. in energy bills £31m investment Target 40% of public sector buildings Savings of up to £80m in energy bills

Options include: Own funding Borrowing directly: London Energy Efficiency Fund/Banks/Salix/Public Works Loan Board Finance through a third party, which could include 'off- balance sheet' options A mix of the above Financing options for RE:FIT projects

Introducing LEEF – an affordable funding solution You are a public, private or voluntary sector body Your project is in the Greater London area Your project contributes to improved energy efficiency through reducing consumption and/or carbon emissions Your funding requirement is between £1m and £20m / You can access loans of up to 10 years and interest rates from 1.65% if:

Opportunity to make substantial energy and carbon savings Savings are guaranteed An easy to use, free to access framework that is OJEU compliant A tested, accessible and constantly updated approach No access fees and no shared savings The Programme Delivery Unit is funded and provided at no cost to support public sector organisations in London Benefits of RE:FIT

RE:FIT is a public sector initiative for the UK public sector. There are no royalty or other costs associated with accessing the RE:FIT Framework, or receiving the energy savings benefits it will bring you.