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Energy Efficiency Financing: Multifamily Sector

Energy Efficiency Financing: Multifamily Sector. Beckie Menten Visiting Research Fellow Energy Efficiency Planning Energy Division. Road Map. Multifamily Sector Background Common Measures and Savings Potential Overview of Investor Owned Utility (IOU) Programs

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Energy Efficiency Financing: Multifamily Sector

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  1. Energy Efficiency Financing:Multifamily Sector Beckie Menten Visiting Research Fellow Energy Efficiency Planning Energy Division

  2. Road Map • Multifamily Sector Background • Common Measures and Savings Potential • Overview of Investor Owned Utility (IOU) Programs • The Multifamily Sector in the California Public Utilities Commission Long Term Energy Efficiency Strategic Plan

  3. Introduction to the Multifamily Sector • Approximately 1/3 of California Residents Live in Multifamily Dwellings (~3.78 Million Households) • Differs from SF in Key Ways • Different Opportunities • Significant Low Income Proportion • Complex Financing Landscape • Can Offer Economies of Scale Source: California Public Utilities Commission, “California Long-Term Energy Efficiency Strategic Plan,” September 2008.

  4. Multifamily Sub-sectors

  5. Measures to Achieve 20% across Climate Zones: 40 Unit Low Rise 1DEER database unless noted. 2Range of savings is based on climate zone and age of baseline housing stock.

  6. IOU Multifamily Programs 2010-20121 Local Programs MIDI SF Energy Watch Statewide Multifamily Energy Efficiency Rebate Program (MFEER) $80,188,539 Energy Upgrade California : TBD Third Party California Multifamily New Homes (PG&E): $4,408,293 Multifamily Solar Pool Heating (SCG): $1,497,491 Multifamily Home TuneUp / Multifamily Direct Therms Savings (SCG) : $4,939,981 Total Program Savings2 1,281 MWh 9,239,121 therms 22 MW demand Stimulus / Federal Better Buildings Energy Upgrade California Retrofit California Retrofit Bay Area Retrofit LA 1Multifamily specific, some nonresidential programs can apply. 2Not including local programs.

  7. Multifamily in the Strategic Plan Strategic Plan Residential Sector Goals: • By 2015, reduce energy consumption in existing homes by 15% through universal demand for highly efficient homes and products. • By 2020, ensure that all new single and multi-family homes achieve zero net energy. • By 2020, reduce consumption of existing homes by 40% through universal demand for highly efficient homes and products.

  8. Multifamily Sector in the Strategic Plan Progress Towards Strategic Plan Goals to Date: • Working towards a whole house performance based rebate program for the multifamily sector (2011). • Engage360 website launch to motivate consumer demand and drive market transformation. • Development of a Zero Net Energy Action Plan to guide CPUC progress towards a ZNE future. Photo credit: “Bedzed,” Paul Miller, http://www.paulmiller.org/bedzed.jpg

  9. Questions / Comments / Resources • For further reading: • California Long Term Energy Efficiency Strategic Plan, California Public Utilities Commission. (2008) http://californiaenergyefficiency.com/docs/EEStrategicPlan.pdf • Improving California’s Buildings: Opportunities and Recommendations for Green Retrofit & Rehab Programs (Draft – October 7, 2010), Findings from the Multifamily Subcommittee of the California Home Retrofit Coordination Committee. http://www.builditgreen.org/_files/Admin/HERCC/MF_HERCC_report_10152010.pdf • U.S. Multifamily Energy Efficiency Potential by 2020, Prepared for the Energy Foundation by the Benningfield Group, Inc. (2009) http://www.benningfieldgroup.com/docs/Final_MF_EE_Potential_Report_Oct_2009_v2.pdf

  10. Contact Information Beckie Menten Visiting Research Fellow Energy Efficiency Planning Section Climate Strategies Branch, Energy Division California Pubic Utilities Commission beckie.menten@cpuc.ca.gov (415) 703-5131

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