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Alternative Financing for Energy Efficiency

Alternative Financing for Energy Efficiency. Eddy Trevino Matt Golden – Investor Confidence Project Josh Briggs QECBs Michael Flores High Performance New Construction Denise Malloy Performance Contracting for Public Sector Improvement Projects. Texas LoanSTAR Program.

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Alternative Financing for Energy Efficiency

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  1. Alternative Financing for Energy Efficiency • Eddy Trevino • Matt Golden – • Investor Confidence Project • Josh Briggs • QECBs • Michael Flores • High Performance New Construction • Denise Malloy • Performance Contracting for Public Sector Improvement Projects

  2. Texas LoanSTAR Program Maximizing Energy Efficiency while Protecting the Environment 12/18/13

  3. Texas LoanSTAR Program • Low interest revolving loan program for energy efficiency building retrofits • Premise – Redirecting utility expenses to pay for energy efficiency capital improvements • Borrowers - Public entities in Texas that own and occupy their buildings • 237 loans ($395 million) • Average loan size - $1.4 million • 6.6 year average payback • Cumulative energy savings – $405 million

  4. Typical Energy Efficiency Measures • Lighting (interior and exterior) • HVAC (chillers, pumps, VFD installations) • Energy Management Systems • Window Tinting • Water efficiency (interior and exterior) • Commissioning • Thermal Storage

  5. Notice of Loan Fund Availability (NOLFA) • Twice per year • Loan Size – Max $7,500,000 (current announcement) • Interest Rate – 2% (on current announcement)

  6. State Energy Conservation Office http://www.seco.cpa.state.tx.us/ Eddy Trevino, Program Manager eddy.trevino@cpa.texas.gov 512-463-1876

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