1. Cambridge Energy Alliance
Paul Gromer
Electric Restructuring Roundtable
April 11, 2008

2. What is the Cambridge Energy Alliance?
Nonprofit organization
Founded by:
City of Cambridge
Kendall Foundation
Running a large-scale, city-wide, energy efficiency project in Cambridge

3. What is CEA’s goal?
To reduce greenhouse gas emissions

4. How is CEA funded? Through energy savings
Core financial concept (quite simple):
The energy efficiency projects that reduce greenhouse gas emissions also produce economic benefits (energy bill savings, FCM revenues, etc.)
Those economic benefits will be sufficient to pay for:
The costs of the energy efficiency projects; and
The costs of running the program

5. How will CEA make a difference?
CEA makes projects more cost-effective (from the customer’s perspective) by reducing costs and increasing value. CEA:
Identifies opportunities (electricity, gas, oil, water)
Brings financing
Brings pre-qualified energy service companies
Provides quality assurance
Makes implementing energy efficiency = participating in a citywide campaign
Civic value
PR value

6. What is CEA’s relationship with utility DSM programs?
Strong partnership with NSTAR
NSTAR has supported CEA from the beginning
Synergistic effect
Utility program + CEA = more comprehensive projects
1 + 1 = 3

7. Current status Big press event 12 months ago: What has happened since?
Program design
Energy service companies selected
Project financing lined up
Oceans of press
Working capital financing nearly secured
Starting to roll out