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NH Utilities Programs/ Carbon Reduction Opportunities

NH Utilities Programs/ Carbon Reduction Opportunities. 1-800-698-2007 www.nhec.coop Thomas Palma, Esq., CSDP Project Development Executive. Organizational Demographics 2 nd largest electric utility in NH Among top 30 co-ops nationally Member-owned, non-profit

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NH Utilities Programs/ Carbon Reduction Opportunities

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  1. NH Utilities Programs/Carbon Reduction Opportunities 1-800-698-2007 www.nhec.coop Thomas Palma, Esq., CSDP Project Development Executive

  2. Organizational Demographics • 2nd largest electric utility in NH Among top 30 co-ops nationally • Member-owned, non-profit • Services – 80,000+ homes & businesses • 86% Residential (30% second home owners) with 61% energy usage • 14% Commercial and Industrial with 39% energy usage • Offices - 10 districts & Plymouth HQ • Employees – 225 Co-op Service Territory approximately 1/3 of NH In all or part of 116 towns

  3. Energy

  4. Global Warming

  5. Pollution / Acid Rain

  6. Peak Oil Demand > or = Production

  7. National Security

  8. Not Sure?

  9. $

  10. Fuels and Carbon

  11. The New Hampshire “CORE” Energy Efficiency Programs • Portfolio of programs to improve efficiency • 3 targeted to business customers • Statewide – all NH customers have access • Administered by New Hampshire Electric Co-op, Public Service of NH, National Grid and Unitil • Funded through NH System Benefits Charge • Energy Efficiency: $0.0018 per kWh ($20.6 M) • Low Income (EAP): $0.0012 per kWh ($13.7 M)

  12. Commercial & Industrial Programs • Small Business Energy Solutions • Up to 50% of the installed cost or buy down to a 1 year payback • Large Business Energy Solutions • Up to 35% of the installed cost or buy down to a 1 year payback • New Equipment & Construction • Up to 75% of incremental cost or buy down to a 1 year payback

  13. Typical Electricity Efficiency Measures • Lighting & occupancy sensors • Motors • Variable frequency drives • Air compressors • HVAC equipment • Energy Management systems

  14. National Grid and Unitil Gas Efficiency Measures • Forced Hot Air Furnaces • Weatherization • Pipe Insulation • Boilers and Controls • Infrared Heating EquipmentWater Heaters • Food Service Equipment • Programmable Thermostats

  15. NHEC Fossil Fuel Program • Maximum rebate $5,000

  16. smartSTART Electric • Utility pays entire upfront cost for EE measures • Customers/Members billed a monthly payment • Payment is set to be less than the savings • NHEC - All members are eligible (fuel neutral) • PSNH – Municipalities only (electric)

  17. NH Net Metering for Renewables • Renewable System must be rated at 100kW or less • Solar PV, Wind, or Hydro • Meter spins backward – in effect uses the grid as a storage battery • Only allowed on one meter – no neighborhood metering

  18. Solar Hot Water

  19. Solar Photovoltaics (PV)

  20. Small Wind Turbines

  21. NHEC Incentives • Small Wind - 25% of installed cost up to $3,500 • Solar PV - $3.00 / Watt up to $3,500 • Solar Hot Water – 25% of installed cost up to $1,500

  22. Community Projects • Join with others in your community to install a system • The larger the system the lower the cost per kW • Federal Tax Credits • Sell energy for $0.04 - $0.10 / kWh

  23. Sell Renewable Energy Certificates for $0.02 - $0.15 / kWh • Depreciate the asset • Stabilize your energy costs • Various business arrangements: • partner with developers • lease your land and buy power from developer • install it and own it outright (form an LLC)

  24. RGGI Filing • Increase funding for existing programs • Add Solar Hot Water $4,500 Small Business and $9,000 Large Business • Add revolving loan fund • Total $690,000 • PSNH smartStart - expands to businesses

  25. Thomas Palma, Esq., CSDP Project Development Executive palmat@nhec.com 800-698-2007 www.nhec.coop

  26. The End

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