1. A billion-dollar opportunity:
The Guelph Community Energy Initiative and GEERS
Real Estate Pulse Conference
January 2015

2. What’s coming up Fun energy facts (yes, really)
Today’s agenda
Fun energy facts (yes, really)
Changing our energy circumstances
GEERS: Guelph Energy Efficiency Retrofit Strategy 2

3. $500 MILLION What does energy cost us per year?
Guelph’s annual cash outflow for energy is:
$500 MILLION 3

4. Entire municipal budget of the City of Guelph, with $100M left over.
What could $500 million buy?
2 CN Towers
12 Police Stations
1 Airbus A380
Entire municipal budget of the City of Guelph, with $100M left over.
1 Movie ticket
Per day
Per Guelphite
2500 Lamborghinis 4

5. Where does that $500M go? It leaves town, and never comes back.
Electricity:
Bruce Nuclear/
Niagara Falls
Petroleum: Alberta Oil Sands
Natural Gas:
Bakken and Marcellus shale formations 5

6. Can we change this?
Yes – Just imitate the best. 6

7. A $250M/year opportunity Before CEI $500M After CEI $250M
Local energy infrastructure (wires, poles, substations, etc.)
After CEI
$250M
Reinvestment in Guelph economy 7

8. The Community Energy Initiative
A huge economic opportunity
By 2031, we will achieve per-capita reductions of:
50% in energy consumption
60% in GHG emissions
11 core recommendations 8

9. Distributed generation
Can we achieve these goals?
YES. And we can keep some – maybe all – of that $500M right here in Guelph.
Use less
Energy efficiency
Use it smarter
District energy
Make more
Distributed generation 9

10. Using Less Energy: GEERS
Guelph Energy Efficiency Retrofit Strategy

11. Staying away in droves
Why homeowners don’t invest in energy efficiency
I have to deal with the bank, an energy auditor, a contractor, suppliers, and the utilities? That’s awfully complicated.
My bank’s loan terms don’t fit the savings stream.
Eight year payback? Will I live in this house that long?
I pay up front, and get my incentive after the work is done? I don’t like the sound of that…
The materials and contracting are expensive. 11

12. The silver bullet: LICs
How Local Improvement Charges remove barriers
Homeowner is not out of pocket
Liability is attached to the home, not the homeowner
Payment terms match up with the savings 12

13. Buying in bulk Purchasing as a city, rather than as citizens
Attic, wall, basement insulation
Water
heater
Weather
stripping
High-efficiency furnace
Triple-glazed
windows
Comfort
controls 13

14. In the end it all balances out.
Contracting as mass production
Transforming the home renovation business
Sometimes you win…
In the end it all balances out.
…sometimes you lose. 14

15. Buying negawatts Conservation program delivery is expensive
Helping to deliver utility conservation programs
Conservation program delivery is expensive
Utilities do not have large retail sales forces
Meeting targets can be difficult
GEERS: Just what the doctor ordered 15

16. Deep Energy Efficiency Retrofits with GEERS
Community groups
The ideal sales channel
Project Neutral
Deep Energy Efficiency Retrofits with GEERS
Efficient Home Visits
Transition Streets 16

17. In summary GEERS: One simple, easy-to-understand package
Financing via LICs
Bulk buys of materials
Partnership with community groups
Bulk buys of services
Incentives on large scale 17