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Using Energy Efficiency to Increase Your Bottom Line
Michael LiPetri Program Manager PSEG LI Energy Efficiency and Renewables
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PSEG LI : January 1, 2014 PSEG LI
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PSEG Corporate Information
Public Service Enterprise Group (PSEG) owns and operates New Jersey’s oldest and largest electric and gas utility (PSE&G). PSE&G is a 110 year old energy company with a commitment to and track record of providing the most reliable electricity and gas service to its 2.2 million customers in New Jersey. PSEG Overall: $29B in assets; almost 12,000 employees; 13,000 MW of electric generation; renewable energy subsidiaries
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PSEG Long Island - Your New Service Provider
On January 1, 2014, PSEG Long Island became the electric utility for the 1.1 million customers on Long Island and the Rockaways. PSEGLI has the authority for: Day-to-day operations Budgeting System maintenance and Operation Storm preparedness and response Infrastructure improvements Energy Efficiency and Renewable programs
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2014 PSEG LI Energy Efficiency Programs
Reduce on peak electric usage Defer the cost of building new power plants Help save money Help Business Grow
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Fundamental goal to provide the lowest cost solution to our customers.
Energy efficiency produces round-the-clock load reduction, and demand response results in peak load reduction Development costs are generally high on Long Island, and resources require location-specific electric and gas interconnection costs that can be significant Energy efficiency has proven to be the lowest cost resource, with limited price volatility Cost of Achieved National Energy Efficiency vs. Supply Options Source: ACEEE and Lazard, 2013 The levelized cost of electricity (LCOE) represents the per kWh cost of building and operating a generating plant or other energy resource over an assumed financial life of the investment; LCOE should represent the price a new energy resource needs in the market to be financially viable. Critical assumptions in the Lazard analysis are based on national averages, and generally costs are higher on Long Island than nationwide. Includes 30% Federal Investment Tax Credit for solar PV.
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2014 Commercial Efficiency Programs
PSEG Long Island’s Commercial Efficiency Programs (CEP) provide rebates, incentives and assistance to help Long Island businesses, schools, and municipal agencies improve their energy efficiency, reduce operating costs and improve their bottom line. Commercial Efficiency Rebate Program Energy Assessment Program Technical Assistance Program Small Business Direct Install Program
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2014 Commercial Efficiency Program
Commercial Rebates are available for all businesses, schools, and municipal agencies for both existing facilities and for new construction Rebates are available for the following measures: HVAC (Heating, Ventilating & Air Conditioning) Lighting (including fluorescent lighting , LED lighting, motion, daylight, and occupancy sensors, LED Exit Signs) Chillers Compressors & Air Dryers Cool Roof Kitchen Equipment & Vending Machines Refrigeration Equipment Variable Frequency Drives Custom rebates can be calculated for any measure that saves energy, even if not listed here
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2014 Commercial Efficiency Rebate Program
Replace old, inefficient T12 Fixtures Use efficient HP T8 or T5 fluorescent fixtures Replace with the MOST energy efficient LED fixtures Lighting controls Daylight sensors Dimming ballasts Occupancy sensors LED High-Bay Lighting (Warehouse, Auto Repair Shop) Change old inefficient HVAC units
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Fluorescent T12 Metal Halide
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2 x 4 Fluorescent Fixture
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LED Fixture Installation
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LED Lighting
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Energy Efficient Lighting Solution
This is a typical example of a 10,000 square foot office space. The existing lighting is more than 5 years old. Existing fixtures are 2 lamp 4’ 40 Watt T12 fixtures with magnetic ballasts Original fixtures will be completely replaced with new 2' x 4' LED fixtures The fixtures selected for this application are recessed and have a wide distribution to enhance the brightness of vertical surfaces. They are most appropriate for spaces with low ceilings and high partitions. They are spaced 8' by 10' on center Same layout as Option A, except some of these fixtures contain a fixture mounted daylight sensor that controls a series of fixtures around the perimeter of the space.
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2014 Commercial Efficiency Program Rebate Guidelines
Pre-Inspections, Pre-Approvals and Post-Inspections are REQUIRED FOR ALL PROJECTS Eligible lighting products must be listed on one of the following industry resources: Consortium for Energy Efficiency (T8) Energy Star (LED) Design Lights Consortium (LED)
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Energy Assessment Program
PSEG Long Island provides services for facilities to assess their current and future energy demands and analyze energy conservations measures – free of charge to customers. Energy Assessment An assessment consists of informative walkthrough of an existing facility where existing data is collected on HVAC, Lighting, Roofing, and power equipment. The report will suggest recommendations based on upgrading current energy related equipment to more efficient and energy saving measures. Open_LeadPartner_DaysInInstall_110513
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Technical Assistance Program (TA Rebates)
LEED Certification and Points Customer Rebate after proof of LEED certification includes: 70% of Energy Modeling costs ($50,000 Maximum) 70% Electric Related Commissioning ($100,000 Maximum) $500 per qualified LEED point ($12,500 Maximum) Energy Engineering Study Customer Rebates are tiered($50,000 Maximum) Initial Rebate – 25% upon study completion ($12,500 Maximum) Balance up to 70% ($50,000 Maximum) Must complete CEP project within a 12 month timeframe, and yield a savings of 5% or more of annual billed electric consumption or demand. Energy Star Labeled Buildings Customer Rebate are tiered($5,000 Maximum) Initial Rebate – 50% upon Study completion ($2,500 Maximum) Balance up to 100% ($5,000 Maximum) Must commit to complete CEP project within a 12 month timeframe, and yield a savings of 5% or more of annual billed electric consumption or demand. Open_LeadPartner_DaysInInstall_110513
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Small Business Direct Install (SBDI)
PSEG Long Island will pay 70% to replace qualified outdated lighting with new energy-saving technology Limited to Load Constrained areas Businesses can call our Infoline to see if they fall in a load constrained area Participating small businesses receive: A free energy assessment to identify potential saving opportunities A no obligation proposal that includes a list of recommendations, estimates of energy savings, project cost and payback period 70% of the project cost paid upfront by PSEG Long Island Installation of new approved energy-efficient lighting by PSEG Long Island exclusive Direct Install provider Lime Energy Pre- and post-installation inspections to assure project quality and to verify estimated energy savings Extended payment plans available for qualified customers Open_LeadPartner_DaysInInstall_110513
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Summary of Utility 2.0 Programs
PSEG Long Island Utility 2.0 Long Range Plan Annual Demand Savings Annual Energy Savings Total Investment Program Description (MW) (MWh) ($M) Programmable Thermostat Program Modernization and Expansion Enhance existing direct load control program with modern technology and increase customer participation. Also, test smart plug technology through a pilot program targeting residential room air conditioning units. 100 2,700 $60 Targeted Solar PV Expansion Provide incentives to commercial behind-the-meter solar PV, targeting Long Island customers unable to access existing incentives. 30 100,000 $45 Residential Home Energy Management Provide targeted home energy reports and guidance to customers to reduce demand; 250,000 customers targeted. 10 25,000 $8 Incremental Energy Efficiency Expansion Target additional opportunities for cost effective technology and underserved customers. 41,200 $30 Energy Conservation Program for Hospitals Design and offer energy efficiency retrofit program tailored for hospital customers. 5 28,000 Energy Efficiency Expansion on the Rockaways Offer energy efficiency enhancements for low-income multi-family housing, public facilities, and other customers on the Rockaways. 21,500 $13 Combined Heat & Power Provide incentives for commercial CHP installations, targeting Long Island customers unable to access existing incentives. 39,000 $5 Geothermal Heating and Cooling Expand rebates for geothermal heating and cooling systems. 7,800 $9 Utility 2.0 Investment 170 265,200 $200 South Fork Improvements Proceed with various energy efficiency, distributed generation, and direct load control investments, potential combined with battery storage, to defer needed transmission and peaking generation. TBD Large Customer Advanced Metering Initiative Deploy advanced metering to 25,000 customers representing 2% of customers but over 20% of the electric load on Long Island. 15 45,000 $15 Capital Budget Investment GRAND TOTAL 185 310,200 $215 Budgets and goals are estimates and subject to change based on detailed cost effectiveness screening and market potential
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General Information Website: psegliny.com/commercial/efficiency
PSEG Long Island’s Infoline: As part of the PSEG LI Commercial Efficiency Program, we host weekly CEP Open House meetings. At these meetings, you can: Have a potential project reviewed by a PSEG Long Island representative Receive Program information and updates Submit Project Completion Certification documents Location: PSEG Long Island 15 Park Drive Melville 11747 Energy Efficiency Meeting Room First Floor
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