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Ramping Up Home Energy Efficiency Programs:
“Smart” Retrofit Financing
Program Innovations

Originally presented on December 10, 2009

Audio/Video Recording
with Presentation Slides

 
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Traditionally-designed rebate programs encourage a home and business owner to take action only if they already have upfront funding for the improvements. But the installed costs for “whole house” energy efficiency and renewable energy improvements may range from $5,000 to more than $50,000. As a way to reduce this upfront cost barrier coupled with tightening credit markets, energy efficiency program designers are getting more innovative. Several utilities, municipalities, and statewide organizations are sponsoring a comprehensive package of below-market interest rate finance options.

Discover three creative financing approaches – loan payments on property tax bill, customized tariff on utility bill, and rebate bundled with interest rate buy down option. Hear how a Colorado municipality, a Kansas gas and electric cooperative, and a third-party program administrator have designed and are implementing innovative programs that give homeowners options in ways that can immediately pay for themselves by ensuring that energy cost savings will more than pay for the financed improvement investment.


Event Presenters:

Ann Livingston, Sustainability Coordinator, Boulder County, CO
  This year, Boulder County launched its nationally-groundbreaking ClimateSmart Loan Program, establishing $40 million in loans for residential energy efficiency and renewable energy measures. The ClimateSmart Loan Program provides a voluntary mechanism for commercial and residential property owners to obtain financing for renewable energy and/or energy efficiency improvements to properties in Boulder County. This innovative program is the first countywide financing mechanism for renewable energy and energy efficiency in the United States with multi-jurisdictional support from ten municipalities. The ClimateSmart Loan Program not only offers affordable financing for county residents and business owners wishing to implement energy improvements to their properties, but it will also help reduce Boulder County's overall greenhouse gas emissions, a major goal of Boulder County's Sustainable Energy Plan and long-term goal of carbon neutrality.

Ann Livingston serves as Boulder County's first sustainability coordinator. She works to increase the sustainable practices of the county as an organization and on efforts to improve the sustainability of the county as a whole. Ann received a bachelor's degree in English from the University of Florida (1995) as well as a Juris Doctorate and interdisciplinary graduate certificate in environmental policy (2000) from the University of Colorado.
Michael Volker, Director of Regulatory and Energy Services, Midwest Energy, Inc

How$mart logo for midwest energy.JPG 

 

 

Midwest Energy, a regulated rural cooperative utility with over 48,000 electric and 41,000 gas customers in western Kansas, offers its members an innovative way in which to bypass barriers to energy efficiency improvements, including in the rental market. The How$mart Program ties investments in energy efficiency to basic utility service with no upfront capital required by the building owner. Efficiency improvements are paid for through a surcharge on the utility bill that is projected to be less than the amount of savings. The surcharge is tied (by tariff) to the location, not to the customer. How$mart is the first voluntary application of the Pay-As-You-Save® concept developed by PAYS®, a product of Energy Efficiency Institute, Inc. of Colchester, VT.

Michael Volker is responsible for managing regulated electric and gas utility rates, energy service activities, market and load research, and forecasting at Midwest Energy. Michael has been a member of the Kansas Energy Council – the Governor’s energy advisory group - as the Energy Economist since its inception in 2002 until it was discontinued in 2009. He began his career in 1984 as an Economic Analyst with the Federal Energy Regulatory Commission. Michael holds a Bachelor of Science degree in Mineral Economics from Penn State University and a Master of Economics from North Carolina State University.

Bruce Matulich, Executive Director, Electric & Gas Industries Association (EGIA)

 
 

Discover key success factors among leading finance programs offered by Southern California Edison, Roseville (Calif Municipal) Electric and others. Learn methods to “work around” traditional financing sources to help homeowners make improvements that will “pay back” more than the cost of the loan payment… including a way to offer rebate incentive payments with the option to apportion part of the rebate to help buy down a loan interest rate and use the rebate remainder as a loan down payment.

Bruce Matulich is the CEO & Executive Director at EGIA and has extensive experience in developing and implementing utility and third-party energy efficiency programs. Prior to EGIA, Bruce spent 18 years at Pacific Gas & Electric Company, leading its energy efficiency and load management activities as Director of Energy Efficiency Services and Director of Products and Services. At PG&E, Bruce managed the development and delivery of over 80 residential, commercial, residential and agricultural energy efficiency, and demand response programs.


Registration fees:

• $195 for all utility and government organizations
• $295 for all other organizations

Web Exchange fee includes unlimited access for anyone in your organization to presentation slides with an audio/video recording of the presenters and question-and-answer discussion. Full contact information for all presenters is provided so you may contact them directly to ask your own questions.

Audio/Video Recording
with Presentation Slides


This Utility Web Exchange is hosted by Electric & Gas Industries Association.

The Electric & Gas Industries Association (EGIA) is a non-profit organization that serves a nationwide network of over 2,500 installation contractors, regional distributors, product manufacturers and other trade allies delivering energy efficiency and renewable energy solutions to millions of homes and businesses. EGIA also delivers services on behalf of electric, gas, water utilities and municipalities, including financing, rebate program administration and rebate processing; contractor network management, training and certification; and sales channel development and support.  EGIA has facilitated the financing of over 40,000 residential and business projects valued in excess of $500 million, and has administered over $250 million in rebate payments.


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