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23rd Annual NM Infrastructure Conference Improve infrastructure using Self-funding Using Lease Purchase: Public-Private partnership Agreements.

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Presentation on theme: "23rd Annual NM Infrastructure Conference Improve infrastructure using Self-funding Using Lease Purchase: Public-Private partnership Agreements."— Presentation transcript:

1 23rd Annual NM Infrastructure Conference Improve infrastructure using Self-funding Using Lease Purchase: Public-Private partnership Agreements by: Harold Trujillo, PE, Bureau Chief Energy Conservation and Management Division Energy, Minerals and Natural Resources Department October 25th, 2018 Copyright, 1996 © Dale Carnegie & Associates, Inc.

2 Opportunities with energy performance contracting
Continue to Pay High Utility Bills or Improve Facilities Opportunities with energy performance contracting DO NOTHING – INFRASTRUCTURE GETS WORSE AND ENERGY COSTS GO UP IMPROVE FACILITIES WITH 3RD PARTY RESOURCES AND REDUCE ENERGY COSTS Planning for Energy Efficiency

3 LED Office Lighting Fixtures
Fluorescent Lamp Fixture Replacement with LED Fixtures. Technology Benefits Light Emitting Diodes (LED) does not use lamps or bulbs. Fixtures will last 18 to 27 years, at least 2 to 3 times the life of fluorescents. LED fixtures are 100 lumens per watt, twice that of a fluorescents LED fixtures Color Rendering Index (CRI) is 90. Incandescent CRI is 100, Standard "cool white" fluorescent CRI near 62. The fixtures produce white light that makes colors appear natural. The fixtures were so bright that about 2/3 of the occupants preferred the ½ output setting.

4 Over $104 million of improvement to infrastructure have been made in the last 4 years.
Boilers Chillers Cool roofs Solar Photovoltaic Thermal Lighting

5 The Public Facility Energy Efficiency and Water Conservation Act 6-23-1
• Self funded through Utility Savings No bond election required Local taxpayers do not pay taxes for improvement • Funding available anytime • Savings are Guaranteed with performance bond • Turn-Key – Energy Service Companies in State Price Agreement • Contractor required to monitor the project for term of the contract

6 Reviewing responsibilities of the Energy, Minerals and Natural Resources Dept. and Office of State Engineer Approval Certification is given by the energy, minerals and natural resources department (EMNRD) that the qualified provider meets the experience requirements set by EMNRD and that the guaranteed energy savings accurately estimated and reasonable. Approval and Certifications for water conservation projects is provided by the Office of State Engineer. Additional Oversite and Services provided by EMNRD: 3rd party review of projects with regular on site inspections of projects State Price agreements with 7 qualified providers Technical assistance and training Other Funding Sources - Clean Energy Revenue Bonds -NMFA

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8 INNOVATIVE FINANCING PROJECTS GUARANTEED SAVINGS ($) ANNUAL
AGENCY/ENTITY CERTIFICATION DATE FUNDING SOURCE TOTAL PROJECT COST ($) GUARANTEED SAVINGS ($) ANNUAL Bernalillo County 2/14/2012 PPA $ ,742,480.00 $ ,431.20 Deming 1/18/2013 $ ,592,797.00 $ ,009.70 Silver City 5/3/2013 $ ,943,985.00 $ ,778.80 City of Alamogordo 7/23/2013 $ ,805,814.00 $ ,432.70 New Mexico State University 12/13/2013 ESPC $ ,734,306.00 $ ,316,662.00 McKinley County 1/31/2014 $ ,401,017.00 $ ,581.00 Truth or Consequences 9/11/2014 $ ,616,613.00 $ ,627.80 City of Bloomfield 6/19/2015 $ ,762.17 $ ,061.96 Sunland Park 5/17/2016 $ ,979.00 $ ,498.00 Eastern New Mexico University 8/12/2016 $ ,542,316.00 $ ,039.00 San Juan College 8/23/2016 $ ,301,907.00 $ ,790.00 City of Farmington 9/16/2016 QECB $ ,533,346.00 $ ,692.00 Santa Fe Public Schools (CERB 1) 3/13/2017 CERB $ ,962,734.00 $ ,810.00 Clovis Community College 7/7/2017 $ ,794,503.00 $ ,242.00 Sandoval County 10/23/2017 $ ,504,596.00 $ ,288.00 City of Lordsburg 11/22/2017 $ ,553,440.00 $ ,445.37 12/4/2017 $ ,862,921.00 $ ,115.00 Santa Fe Public Schools (CERB 2) 12/18/2017 $ ,263.97 $ ,117.00 City of Las Cruces 12/22/2017 $ ,824,197.00 $ ,795.00 City of Santa Fe 12/26/2017 $ ,528,522.00 $ ,885.00 TOTAL $ ,954,499.14 $ ,964,301.53 QECB - Qualified Energy Conservation Bond CERB - Energy Efficiency and Renewable Energy Bonds ESPC - Private banks using municipal tax-exempt lease purchase type agreements PPA-Power Purchase Agreement-Private funds provided to an investor for a solar PV projects. The investor sells the power at a reduced rate to an entity and recovers investments with investment and energy tax credits.

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