September 2015 Katy Area Economic Development Council General Assembly Presentation

Stan Stanley – Immediate Past Chairman

Downy Vickery – Board Member

Rich Patrick – Districts Council

Rich Patrick – Districts Council

Stan Stanley- Immediate Past Chairman

Stan Stanley – Immediate Past Chairman

Stan Stanley – Immediate Past Chairman

Stan Stanley – Immediate Past Chairman

Stan Stanley – Immediate Past Chairman

Board of GovernorsPepper-Lawson ConstructionHouston Executive AirportTradition Bank

Strategic PartnersHoar Construction

AssociatesAllegiance BankFacility InteriorsFort Bend MUD #58Land AdvisorsMoody RambinPetroSkills Conference CenterSkybox Datacenter

WoodCreek LLCTroy Maxwell

Stan Stanley – Immediate Past Chairman

Caldwell CompaniesJim Black

Boucher Design GroupBob Bellomy

Stan Stanley – Immediate Past Chairman

Igloo ProductsGary Kiedaisch

Cotton Commercial USABryan Michalsky

Stan Stanley – Immediate Past Chairman

Si EnvironmentalMichael O’Connell

Polvogt InsuranceThom Polvogt

Stan Stanley – Immediate Past Chairman

Turner Duran ArchitectureGreg Turner

Silvestri InvestmentsDan Silvestri

Stan Stanley – Immediate Past Chairman

TNG Utility CorporationBill Callegari

Stan Stanley – Immediate Past Chairman

Katy EDC MeetingSeptember 15, 2015

CenterPoint Energy has designed energy efficiency programs to comply with state legislation that requires each investor-owned utility to reduce demand and energy savings.

Our programs help offset the need for additional generating capacity through cost effective energy efficiency programs.

We offer both residential and commercial programs for participants in our electric service territory.

SCORE/CitySmart ProgramPromotes energy efficiency upgrades at public and private schools, colleges, non-profit organizations, places of worship and cities through incentives and services. Services include benchmarking, energy master planning, and technical support.

The City of Katy will receive $2,293.77 in incentives for 7 lighting projects they completed for the CitySmart program in 2015.

Katy ISD- completed 54 projects in the SCORE program since 2007 totaling $441,518 in incentives.

Commercial & Industrial Standard Offer ProgramOffers incentives to energy efficiency service providers who install qualified energy efficiency projects in new or existing commercial and industrial facilities.

Retro-Commissioning ProgramPromotes the tune-up of existing commercial and industrial buildings by evaluating facility systems and implementing low-cost/no-cost measures.

Load Management ProgramOffers incentives to commercial and industrial customers for curtailing or shifting a load when notified. Curtailments can be called between June 1 and September 30.

Healthcare Energy Efficiency ProgramSpecially designed for small to medium-sized healthcare facilities such as clinics, hospitals, assisted living/nursing care and medical offices. Customized solutions, technical support and cash incentives are offered for efficiency upgrades.

Kristi Hardy- Program Manager [email protected]

713-207-6974

Keeping PACEFor t Bend Coun t y

www.KeepingPACEinTexas.org

PACE in Texas• 83rd Session: SB 385, Sen. John Carona and Rep. Jim Keffer• The Coalition:

• County Judges and Commissioners Association of Texas• Independent Bankers Association of Texas• Texas Association of Business• Texas Association of Counties• Texas Bankers Association• Texas Building Owners and Managers Association• Texas Combined Heat and Power Initiative• Texas Conference of Urban Counties• Texas Manufactures Association • Texas Municipal League• Texas Renewable Energy Industry Association • US Green Building Council• Dozens of other organizations and companies

• 84th Session: HB 3187, Rep. Keffer• Chapter 399 of the Local Government Code

Lower U t i l i t y C o s t s

I n c r e a s e N e t O p e r a t i n g I n c o m e

B o t t o m L i n e : I n c r e a s e d B u i l d i n g V a l u e

W h a t i s e l i g i b l e f o r P A C E ?

R E P A Y M E N T

L o n g S i m p l e P a y b a c k ? N o P r o b l e m !

“ H a p p i n e s s ”

Barriers PACE Solutions

• Property where the Landlord pays the utility bills• Project involves a $200,000 energy efficiency

retrofit• Annual energy and maintenance savings of

$33,000 (6.1 years simple payback)• The project does not pass the Landlord’s hurdle

rate for investment in energy efficiency• PACE funding available for 20 years at 6.5%.• Conventional Funding for 5 years at 4.5%.

C o m p a r e P A C E t o s e l f - f u n d i n g o r a t r a d i t i o n a l l o a n u s i n g t h i s e x a m p l e :

G r o s s L e a s e S c e n a r i o

C u m u l a t i v e C a s h F l o w C o m p a r i s o n

Local Action

Post Report on how the program will workPass a Resolution of IntentHold a Public HearingAdopt a Resolution Establishing PACE

ProgramSelect an Administrator

“PACE in a Box” is a toolkit of recommendations and templates for local governments to create uniform, user friendly, scalable, and sustainable PACE programs.

PACE is a Win-Win-Win• Property Owners – lower utility bills, energy independence (CHP) energy

efficiency, property value increase• Contractors – source of increase in business, more local hiring, best

practices, keeping up with technology advancements• Lenders – new loans, steady & stable process, fully collateralized, Tax

Assessment lien position, improved asset value• State of Texas – reduced peak demand, improved grid loading,

renewables as source, improved air quality, better water conservation • Communities – increased economic development and jobs, improved

building infrastructure, more appealing building stock

For more information go to: www.KeepingPACEinTexas.org

Stan Stanley – Immediate Past Chairman