Company Introduction……. Summerhill Property Management in business for over 12 years

2. Company Introduction……. • Summerhill Property Management in business for over 12 years • Exclusively manage residential condominium units • Specialize in high rise buildings that are 20 years and older • Currently manage 2000 units ranging in size from 77 to 290 units • Tony Seljak – President – R.C.M., B.Comm – Queens University Starting Managing residential Condos in 1990 • Property Managers hold R.C.M. and have 5 years and 12 years exp.

3. “We are not environmentalist” • We have many bosses and currently the environment is not one of them. • We work for every day people - some struggle to pay their mortgages and condo fees. • The amount they are willing to spend ONLY to help the environment is limited. • All levels of governments are making operating buildings more expensive, if is not banning refrigerants, new garbage removal fee, increasing the cost of water by 8% to 10% per year, and the now the HST • So you may ask why are we here today talking to you????

4. In 15 Kensington Road (210 units – 19 floors): The Condo fee is $449 for a 2-bedroom (including hydro and cable). The accumulated surplus is more than $145,000. We have saved more than $125,000 in the last 18 months by replacing heating and domestic boilers and re-piping air handling unit. We replaced 180 toilets and in the last two months we have saved 450,000 liters of water which is about $5,000. Future project: Replacing the Elevators with energy efficient motors. A new energy efficient central Chiller installed. Good property managers find new ways to save energy and money. Good property managers make sure that your hard working money is spent in the right way to minimize the Condo fee increases.

5. Utilities – Gas: 15 Kensington Road: Boilers replaced in March 2008.

6. We have saved more than 140,000 cubic meter of gas from April 2008 to March 2009. • We saved more than $57,000 in the first year on our gas bill. It is $20 per month per unit! • The new boilers efficiency is 88% compare to the old ones which was only 55%. • Enbridge paid us more than $15,000 as incentive. • We reduced 284,000 kg of greenhouse gases per year.

7. In 61 Markbrook Lane (230 units – 19 floors): The accumulated surplus is more than $40,000. We have saved more than $38,000 in the last 18 months by replacing 307 toilets and 291 shower heads. We are installing a Variable Frequency Drive for the Air Handling Unit which will save us about $15,000 per year. In 41 Markbrook Lane (224 units – 19 floors): • The accumulated surplus is more than $70,000. • We have saved more than $36,000 in the 18 months by replacing 306 toilets and 147 shower heads. • We are installing a Variable Frequency Drive for the Air Handling Unit which will save us about $15,000 per year.

8. Utilities – Water: 61 Markbrook Lane : Toilets replaced in February and March 2008.

9. The new toilets are approved by the City of Toronto for rebate. We received $60/toilet from the City. • Each time the toilet is flushed, it uses 7 litres less water. • We are saving about 1.35 million litres per month. • The project pay back period is less than 2 years. • Many in suites plumbing problems resolved; reducing flooding from toilets. We saved about $18,000 in 2008 We saved about $20,000 in 2009 We will save: About $22,000 in 2010 About $24,000 in 2011 About $26,500 in 2012 This is about $110,000 in five years!

10. How we got there….. GET ADVANCED HIGH EFFICIENCY HEATING TECHNOLOGY

11. EXISTING 20 YEARS OLD TECHNOLOGY ATMOSPHERIC BOILER 95% CURRENT INSTALLATIONS

12. EXISTING 20 YEARS OLD TECHNOLOGY TYPICAL DHW TANK 20 YEARS OLD INSTALLATION DHW TANK 2 YEARS OLD INSTALLATION

13. Advanced High Efficiency Heating Technology CONDENSING BOILERS ULTRA LOW 9.9 PPM NOX-EMISIONS UP TO 97% THERMAL EFFICIENCY

14. Advanced High Efficiency Heating Technology

15. Advanced High Efficiency Heating Technology DHW HEAT EXCHANGER TANKS MAKE UP AIR HEAT EXCHANGERS

16. -INSTALLATIONS -Condominiums in Burlington REPLACED OLD ATMOSPHERIC BOILERS WITH HIGH EFFICIENCY CONDENSING UNITS REPLACED 2 OLD DHW TANKS ( 600 GAL EACH) WITH 4 HIGH EFFICIENCY TANK/HEAT EXCHANGERS ( 109 GAL EACH) CAPITAL COST OF $ 450,000.00 PAYBACK IN 4-5 YEARS WARRANTY ON INSTALLED EQUIPMENT 3YEARS TOTAL 10YEARS ON BURNERS AND HEAT EXCHANGERS NOISELESS CERAMIC BURNERS NOX RATINGS LESS THAN 9.9 PPM BEFORE after

17. -INSTALLATIONS -Condominiums in Burlington BEFORE ADVANCED CONTROLS MAKE UP AIR HEATEXCHANGER/ COIL INSTALLED INSTEAD OF GAS FIRED BURNER after

18. SAVINGSCALCULATION • New Condensing Boilers Savings Comparison • Total Savings in 4 months= $ 22,803.71 • First year of operation savings in Gas consumption was 140,000 cubic meters equivalent to $57,000.00

19. WHERE DO WE GO FROM HERE 2 YEARS OLD INSTALLATION IN HIGH END CONDOMINIUM BUILDING BUILDERS ARE VERY SLOWLY IMPLEMENTING HIGH EFFICIENCY HEATING SYSTEMS INSTALLATIONS MANAGERS RECOMMENDED REPLACE EXISTING HEATING SYSTEM POWER PLANT WITH HIGH EFFICIENCY SYSTEM AT NO COST TO THE BUILDING FINANCED BY SAVINGS ON GAS CONSUMPTION TROUGH INSTALLATION CONTRACTORS 5 YEARS ESTIMATED FINANCING PERIOD ATMOSPHERIC BOILERS 20 YEARS OLD TECHNOLOGY LARGE DHW TANKS

20. Questions? Thank you !