HES Payment Plan (Micro) Loan. This program offers low-interest loans for making improvements to a single-family residential building (1-4 units). Qualifying energy-saving improvements include: high-efficiency insulation, windows, ENERGY STAR ductless heat pump systems, and DHW equipment. Energize CT Heating Loan Program. This option helps single-family building owners (1-4 units) finance the purchase of energy-efficient heating systems. Smart-E Loan. This Energize Connecticut financing program offers long-term, low-interest financing to help Connecticut homeowners make energy efficiency improvements, including: air sealing, duct sealing, insulation, HVAC equipment, ENERGY STAR-certified appliances, mold/asbestos remediation, and window replacements. Energy Conservation Loan. This loan program offers eligible customers (who do not qualify for other financing programs) emergency funding for non-working heating systems and leaking roofs. Table 2-1: 2019-2021 Residential Energy Efficiency Single-Family Financing Solutions Financing Product Loan Limits Terms Interest Rate Funding Source HES Payment Plan (Micro) Loan $1,000 to $3,000 (on-bill repayment) Max. 3 years 0% interest up to 3 years Energy Efficiency Fund (administered by C4C) Energize CT Heating Loan Up to $15,000 (on-bill repayment) Max. 10 years 0.99% A minimum down payment of 10% of the cost of the replacement heating furnace or boiler equipment is required Systems Benefit Charge (administered by C4C) Smart-E Loan Up to $40,000 for single-family (1 to 4 units) 5 year 7 year 10 year 12 year 4.49% 4.99% 5.99% 6.99% Energize CT (administered by Connecticut Green Bank) Energy Conservation Loan Program (“ECLP”) Up to $25,000 for single-family (1-4 units) Max. 10 years 0-3% Loan: CT Department of Housing Interest Rate Buy Down: Energy Efficiency Fund (administered by C4C) efficient
Public Relations Targeted residential, legislative, trade allies, and associations Value of EE, focus on the value proposition. Tell the energy efficiency story via real-life examples Insulation, natural gas HVAC and low-carbon heating technology, LED lighting, Controls, HES direct-install and income-eligible services, Multifamily Initiative, events, awards/recognition, and new construction Direct Response Targeted residential, trade allies, and associations Solution Specific, utilizing traditional mail, email, and Customer Engagement Platform tools: lead generators Insulation, natural gas HVAC and low-carbon heating technology, LED lighting, Controls, HES direct-install and income-eligible services, Multifamily Initiative, events, awards/recognition, and new construction Paid Social Media Advertising Mass Residential Market Value of EE, focus on the value proposition. Foster dialogue, interest, and community Insulation, natural gas HVAC and low-carbon heating technology, LED lighting, Controls, HES direct-install and income-eligible services, Multifamily Initiative, events, awards/recognition, and new construction Events Targeted residential, associations and trade allies Value of EE, focus on the value proposition. Lead generation when possible. Foster dialogue, interest, and community Insulation, natural gas HVAC and low-carbon heating technology, LED lighting, Controls, HES direct-install and income-eligible services, Multifamily Initiative, events, awards/recognition, and new construction Co-op Targeted residential via Preferred Contractors Value of EE, lead generators Insulation, natural gas HVAC and low-carbon heating technology, LED lighting, Controls, and Home Energy Solutions direct-install services End-use customers, trade allies, facilities, property managers Awareness of product features, discounts and availability Eligible Equipment This page intentionally blank.
During the 2019-2021 Plan, Eversource will initiate a new financing mechanism to assist medium-sized businesses participating in the Business Energy Advantage program (part of the Energy Retrofits solution) gain access to low-interest financing. For the 2019-2021 Plan, the Companies will continue to work with the Connecticut Green Bank to introduce new recapitalization strategies that will help leverage energy efficiency funds with private capital. Additionally, the Companies and the Connecticut Green Bank will work together to offer a variety of third-party financing programs that offer low-interest financing. In 2019-2021, the Companies will continue to work with DEEP, the Energy Efficiency Board’s consultants, and the Connecticut Green Bank to identify program improvements, increase program participation, and reduce ratepayer costs. The Companies are also considering offering five-year loan terms to encourage comprehensiveness in energy efficiency projects. The goals of the Joint Committee, made-up of the Companies, DEEP, the Connecticut Green Bank, and the Energy Efficiency Board are detailed in Appendix C: Financing. Table 3-3: 2019-2021 C&I Energy Efficiency Financing Solutions Financing Product Loan Limits Terms Interest Rate Funding Source Small Business & Municipal Loan $500 to $100,000 (on-bill repayment for electric and natural gas measures) $500,000 per municipality/Eversource $100,000 per municipality/United Illuminating Max. 48 months 0% Energy Efficiency Fund, Utility Capital, and Third-Party Providers Medium-Sized Government Loan TBD TBD TBD TBD Commercial & Industrial Loan $2,000 to $1,000,000 Max. 60 months Up to $100,000 (2.99% or 4.99%) Greater than $100,000 (market interest rates) Third-Party Provider C-PACE Over $150,000 for capital improvements Under $150,000 for boiler upgrades/natural gas conversions Typically, 10 years or longer Low-interest financing with loan repayment on your property Third-Party Provider PURA Loan $1,000,000 and over Max. 120 months 1% below customer’s eligible rate or prime rate Electric Ratepayers (funding through Federally Mandated Congestion Charges)
Paid Social Media Advertising Facebook: Small business and the contractors who serve them; Linked In: all business sectors Business case for EE. Foster dialogue, interest. Lead generation Audits, incentives, financing, resources in general, equipment/service specific, events, awards/recognition, sustainability Events Targeted businesses, trade allies, and associations Business case for EE. Foster dialogue, interest. Lead generation when possible Audits, incentives, financing, resources in general, equipment/service specific, events, awards/recognition, sustainability Co-op Small and Mid-Sized Business Preferred Contractors Value of EE, lead generators Audits, incentives, financing, and equipment/service specific Trade Allies, Facilities, Property Managers Awareness of product features, discount and availability Eligible equipment This page intentionally blank. 3.21 C&I RESEARCH, DEVELOPMENT, AND DEMONSTRATION (“RD&D”) Fault Detection and Diagnosis Tools for Retro-Commissioning and Continuous Commissioning of HVAC and Refrigeration Systems Background Packaged rooftop units (“RTUs”) provide cooling (air conditioning RTUs) and heating (RTU heat pumps) for over 60 percent of the commercial building space in the United States (87 billion square feet) and they are a significant source of energy consumption and peak demand. An estimated 40,000 10-ton units are sold annually in the United States; for reference, a typical 100,000 square foot building uses 20 10-ton RTUs. There are more than 486,000 operational RTUs in the Northeast region with approximately 2,700 RTUs sold in Connecticut in 2014.
sustainability and climate change work of DEEP and to ensure a community driven process to continuously improve the Clean Energy Communities program. Through the Companies' participation in stakeholder consultations led by DEEP, such modification should reflect the input from municipalities and various stakeholders The Companies shall cooperate with DEEP to support DEEP's identification of the steps that can be taken to integrate the work of municipalities, other advocacy organizations, and DEEP. The Companies shall develop the capacity to generate public reports that aggregate energy consumption information on a municipality-wide basis to support the work of municipalities. The Companies shall review the effectiveness of the Clean Energy Communities dashboard in consultation with DEEP and municipalities. Item Completed 16 Data Management The Companies shall develop the capacity to efficiently provide information electronically to the EPA Portfolio Manager. While current law requires the Companies to provide data to the EPA Portfolio Manager, a direct correlation between buildings and accounts does not currently exist, which prevents the Companies from directly uploading this information. This condition of approval is to specifically require the Companies to develop the technology or staff resource capacity to correlate the data between buildings and companies so that it is ultimately possible for data to be migrated directly to the EPA Portfolio Manager platform. 03/01/16 Filed 03/01/16 Item Completed 17 Budget Modification The Companies shall propose a plan to reallocate unexpended 2015 revenue or any additional revenue, into 2016, to necessary investments that will ensure high priority work is completed. 03/01/16 Filed 03/01/16 Item Completed Item # Topic or Program Condition of Approval Due Date Status