Alternative Financing for Energy Efficiency Eddy Trevino Matt Golden – – Investor Confidence Project Josh Briggs – QECBs Michael Flores – High Performance.

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Presentation transcript:

Alternative Financing for Energy Efficiency Eddy Trevino Matt Golden – – Investor Confidence Project Josh Briggs – QECBs Michael Flores – High Performance New Construction Denise Malloy – Performance Contracting for Public Sector Improvement Projects

Texas LoanSTAR Program 12/18/13 Maximizing Energy Efficiency while Protecting the Environment

Texas LoanSTAR Program Low interest revolving loan program for energy efficiency building retrofits – Premise – Redirecting utility expenses to pay for energy efficiency capital improvements Borrowers - Public entities in Texas that own and occupy their buildings 237 loans ($395 million) Average loan size - $1.4 million 6.6 year average payback Cumulative energy savings – $405 million

Typical Energy Efficiency Measures Lighting (interior and exterior) HVAC (chillers, pumps, VFD installations) Energy Management Systems Window Tinting Water efficiency (interior and exterior) Commissioning Thermal Storage

Notice of Loan Fund Availability (NOLFA) – Twice per year Loan Size – Max $7,500,000 (current announcement) Interest Rate – 2% (on current announcement)

State Energy Conservation Office Eddy Trevino, Program Manager

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