1. Proposed by the District of Columbia May 2010 presentation to WCOG
Creating the National Capital Energy Fund: A Property Assessment Clean Energy Solution
Proposed by the District of Columbia
May 2010 presentation to WCOG

2. DC’s Energy Usage
DC’s consumes more energy through buildings than the national average
Energy loss
Transport
Commercial
Residential
Government
Power
Industry
DC Total
US average
Energy consumption in DC region
Percent
30%
70%
292 DC
67%
33%
232 CA
59%
41%
229 MA
60%
40%
337 US
Fuels
Electricity
Electricity as a percentage of energy consumption1
Percent; million BTUs
Electricity is a disproportionately large share of DC’s energy use 4 5
205 DC 15 78 CA 16 1 93 MA 36
134 US
Residential
Commercial
Industrial
Transport
Electricity consumption per capita Million BTUs
DC’s electricity is consumed mainly by commercial buildings

3. The PACE retrofit program would include financing, energy benchmarks and savings verification
National Capital Energy Fund
Energy audits and benchmarking
Retrofit & installation
Energy savings verification and maintenance
Retrofit
Loan underwriting to factor in energy savings specifications and verification
Job Creation
Training &
Individual job training
Audit and commissioning
Construction/
Retrofit
Audit and maintenance
Outreach
Owner outreach and community education
Publication of benchmarks
Education for maintainers
Publication of results

4. The National Capital Energy Fund
Funding Sources
Energy Retrofit Loans to Property Owners
Private Banking Partners
($30 million)
35% for Residential
10% for Business
55% for Commercial
National Capital Energy Fund
(Replenished up to $250M)
Voluntary RE Tax
Special Assessment Payment
(To repay energy loan over 20 year amortization period)
Bond Issuances
($30M -$50M issuances)
Debt Service Payment to Bond Trustee

5. 3-year Targets and Projections
Number of buildings retrofitted
214
485
Total SF retrofitted
4 million
8 million
Average utility savings
$1.9 million
$3.9 million
Average emission reduction (in MMT CO2)
3.9
7.8
Number of jobs created or retained
700
1,400
District conduit-bond issuances
$30 million
$ 80 million

6. Next Steps Issue an RFP for PACE Administrator (Summer 2010)
Program Design (3 months): Early 2011
First loan issued: Early 2011
Relationship to SEU