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Energy Efficiency for Small Businesses

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Page 1: Energy Efficiency for Small Businesses. Energize Connecticut – Energize Connecticut SM is an initiative dedicated to empowering Connecticut citizens to

Energy Efficiencyfor

Small Businesses

Page 2: Energy Efficiency for Small Businesses. Energize Connecticut – Energize Connecticut SM is an initiative dedicated to empowering Connecticut citizens to

Energize Connecticut –

Energize ConnecticutSM is an initiative dedicated to empowering Connecticut citizens to make smart energy choices, now and in the future. We provide Connecticut consumers, businesses and communities the resources and information they need to make it easy to save energy and build a clean energy future for everyone in the state. It is an initiative of the Connecticut Energy Efficiency Fund, the Connecticut Green Bank, the State, and your local electric and gas utilities. The initiative has funding support from a charge on customer energy bills.

Page 3: Energy Efficiency for Small Businesses. Energize Connecticut – Energize Connecticut SM is an initiative dedicated to empowering Connecticut citizens to

Objective

• PROVIDE > COST-EFFECTIVE, turn-key CONSERVATION and LOAD MANAGEMENT SERVICES to SMALL C&I CUSTOMERS.

• What qualifies as a SMALL BUSINESS?

• A “Mom & Pop” store with a $150 monthly electric bill up to a mid size manufacturing company with a $25,000 monthly electric bill.

• Examples: Retail, convenience stores, houses of worship, professional offices, non-profits, gas stations, restaurants, common areas of apartment buildings, warehouses, sport facilities.

Page 4: Energy Efficiency for Small Businesses. Energize Connecticut – Energize Connecticut SM is an initiative dedicated to empowering Connecticut citizens to

Financing

4

Type Min Max Rate Term Max

Pymt Source

SBEA/ Muni

$500 $150,000 Eversource $100,000 UI

0% 4 yrs On-Bill Utility

C&I $2,000 $1 Million (1st $100,000 w/ subsidy)

2.99% or 4.99%

5 yrs 3rd Party 3rd Party

C-PACE No Minimum

Boiler Lite

No maximum 5% - 6% 10 yrs – 20 yrs

3rd Party 3rd Party

PURA Loan (>50 kW savings)

$1 Million

1% below rate/no more than prime

10 yrs 3rd Party 3rd Party

Page 5: Energy Efficiency for Small Businesses. Energize Connecticut – Energize Connecticut SM is an initiative dedicated to empowering Connecticut citizens to

Statistics 2000 - 2014

• Over 4,952 Installed Small Business Projects• Averaging between 20% to 25% reduction

• 994m Lifetime kWh Saved = • > 614,000 TONS of REDUCED

CARBON DIOXIDE!

• $19.8m Incentives Paid by Connecticut Energy Efficiency Fund

• $39.2m in 0% Financed Loans

Page 6: Energy Efficiency for Small Businesses. Energize Connecticut – Energize Connecticut SM is an initiative dedicated to empowering Connecticut citizens to

North Haven Statistics 2000 - 2014

• Over 250 Installed Small Business Projects• Averaging between 20% to 25% reduction

• 63 m Lifetime kWh Saved = • > 38,000 TONS of REDUCED CARBON

DIOXIDE!

• >$1.2m Incentives Paid by Connecticut Energy Efficiency Fund

• >$2.6m in 0% Financed Loans

Page 7: Energy Efficiency for Small Businesses. Energize Connecticut – Energize Connecticut SM is an initiative dedicated to empowering Connecticut citizens to

Sample of Participating CustomersIANNUCCI RAYMONDNATIONAL REALTY & DEVROSSI ROGER PCAROL'S CREATIONSINTERNATIONAL WENDY'SSLEEPY'S INCPANERA BREAD LLCPETRA CONSTR CORP - DEPT 001 REBESCHI DRIVEC N WOOD OF CT LLCKITCHEN ADVANTAGEDORIC VAULT OF CTHEALTHTRAX INTERNATIONAL, INCLUIGI'SAGWAY CO OF NO HCHOICE PET FOOD DIST INCCOHN & SONS JOSEPHNO HAVEN AUTO BODYM P H FABRICATIONECLIPSE DEVELOPMENT - C/O KUZMAK- WILLIAMSSPECTRIX ANALYTICALYANKEE CONTAINER DIVNORTH HAVEN COMMON DEVELOPMENT LP - C/O KUZMAK- WILLIAMS

Page 8: Energy Efficiency for Small Businesses. Energize Connecticut – Energize Connecticut SM is an initiative dedicated to empowering Connecticut citizens to

CONTINUEDMCKNIGHT ENTRPRSES LLCMCDONALDS FACEYNATIONAL ASSOC PROPNATIONAL LUMBER INCENTERPRISE RENT A CARNATIONAL LUMBER INCSTATE ST CAR CARE CTR LLCPEARCE REAL ESTATE HN H BODY INCLYDELL MOTORS LTDMONTESI MOTORS INCSHORELINE COMPRSSD GASCUSTOM PRODUCTSSAFT AMERICA INCMIKES DELIV/MVNG SERVBURMCO INCL & W SUPPLYJOHNSTONE CO INCAL'S REUPHOLSTERY SERVSCREEN TEK PRINT COMPFRANKSON FENCE COD F M ENTERPRISES INCHAWTHORNE REALTY

Page 9: Energy Efficiency for Small Businesses. Energize Connecticut – Energize Connecticut SM is an initiative dedicated to empowering Connecticut citizens to

Financial Solutions

• NO OBLIGATION Energy Evaluation • NO UP-FRONT COSTS• INCENTIVES (“UP” to 40% lighting &

non-lighting measures, "UP” to 50% for qualified comprehensive projects)

• 0% ON-BILL FINANCING (to qualified customers; max 48 months, $100k)

Page 10: Energy Efficiency for Small Businesses. Energize Connecticut – Energize Connecticut SM is an initiative dedicated to empowering Connecticut citizens to
Page 11: Energy Efficiency for Small Businesses. Energize Connecticut – Energize Connecticut SM is an initiative dedicated to empowering Connecticut citizens to

Contact Information

Dennis O’ConnorSmall Business – Program Administrator

Phone: 203.499.3715Fax: 203.499.2800

[email protected]

EnergizeCT.com1-877-WISE USE (947-3873)