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Top 10 Investments to Lower Energy Costs. Top 10 Investments to Lower Energy Costs. Learning Objectives: Determine maximum energy efficiency investment opportunities for your building Leverage existing utility rebates and incentives to go deeper with energy saving strategies and methods
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Top 10 Investments to Lower Energy Costs • Learning Objectives: • Determine maximum energy efficiency investment opportunities for your building • Leverage existing utility rebates and incentives to go deeper with energy saving strategies and methods • Evaluate your operations and maintenance budget to identify hidden resources and opportunities • Learn about new energy savings technologies that can be applied to existing buildings Presented By: Laura Steinbrink, MBA, LEED-AP
GOAL: Making Investments that Pay
Plan for ActionMaximize Return on Investment A Planned Approach to Energy Cost Savings Step 1: Define Organizational Goals & Objectives Step 2: Conduct Energy Assessment Step 3: Conduct Financial Analysis Step 4: Secure/Allocate Funding for Projects Step 5: Implement First Projects Step 6: Measure and Verify Step 7: Capture Savings Step 8: Implement More Projects
Plan for ActionMaximize Return on Investment A Planned Approach to Energy Cost Savings Step 1: Define Organizational Goals & Objectives Step 2: Conduct Energy Assessment Step 3: Conduct Financial Analysis Step 4: Secure/Allocate Funding for Projects Step 5: Implement First Projects Step 6: Measure and Verify Step 7: Capture Savings Step 8: Implement More Projects
Step 3: Conduct Financial Analysis • What is your energy use breakdown? Source: Center for Sustainable Systems
Step 3: Conduct Financial Analysis • What is your energy use breakdown? • Use energy audit data to discover opportunities • Focus on highest energy use areas Low Cost No-Brainers: Replace lighting t-12 to t-8 Incandescent to CFL/LED Turn up A/C 3-5° Turn down heat 3-5° Power strips off at night
Common Energy Savings Projects Engage your Employees! Regardless of company size, the ideas for cost savings, innovation and change will come from your employees
Step 4: Secure/Allocate Funding for Projects • Get out more than you put in Budget Allocation Finance Grant Award Pay-as-you-save
Step 4: Secure/Allocate Funding for Projects • Reinvest Savings Along the Way Use energy cost savings to fund additional projects
Step 4: Secure/Allocate Funding for Projects • Apply for Grant Dollars • Resources: • www.dsireusa.org • Ohio Department of Energy • Your energy supplier • Product Suppliers • Sustainability Consultants
Step 4: Secure/Allocate Funding for Projects • Apply for Grant Dollars Talk with your municipal leaders !
Summary • Facility characteristics & uses are key factors • Energy audit data helps prioritize • Financial strategy requires planning & goals • Staged implementation minimizes first costs • Funding streams & financing vehicle vary • Employees are vital resources for ideas • Planning first yields better results
Humanity’s Loom, LLC, provides counsel, services and training for the purpose of developing energy efficiency cost savings strategies for building operations. The firm specializes in facilitating design and catalyzing implementation of investment strategies for communities, businesses, and institutions that result in high performing buildings. Our work begins with a thorough facility assessment that identifies opportunities for cost savings and provides detailed return on investment analysis so our clients can create an energy cost savings strategy. Humanity’s Loom supports clients through implementation of their plans with commissioning, third party certifications, training and grant writing. www.humanitysloom.comlaura@humanitysloom.com 866.650.4114 • 216.592.2405 | www.cose.org/saveonenergy | energy@cose.org