El Paso Electric El Paso Electric Energy Efficiency Energy - - PowerPoint PPT Presentation

El Paso Electric El Paso Electric Energy Efficiency Energy Efficiency

Standard Offer Programs Standard Offer Programs -

• Opportunities for Energy

Opportunities for Energy Efficiency Efficiency

December 2007 December 2007

El Paso Electric Energy Efficiency

Background Background -

• Utility Energy

Utility Energy Efficiency Programs Efficiency Programs

• 1980

1980’ ’s s -

• electric utilities sponsored programs focused on

electric utilities sponsored programs focused on rebates. rebates.

• 1990

1990’ ’s s -

• blocks of kW and kWh reduction were bid out through

blocks of kW and kWh reduction were bid out through competitive solicitation. competitive solicitation.

• 2000

2000’ ’s s -

• standard offer and market transformation programs.

standard offer and market transformation programs.

What Is a Standard Offer What Is a Standard Offer Program? Program?

• Program administrator (electric utility) offers set incentive pa

Program administrator (electric utility) offers set incentive payment yment to participants for each kWh or kW saved through installation an to participants for each kWh or kW saved through installation and d

• peration of an energy efficiency measure.
• peration of an energy efficiency measure.
• Program administrator signs a standard contract with participant

Program administrator signs a standard contract with participants s

• utlining their responsibilities under the program.
• utlining their responsibilities under the program.

Definitions Definitions

Customer Customer: any distribution service residential, commercial or : any distribution service residential, commercial or industrial customer of a utility administrator. Customer may tak industrial customer of a utility administrator. Customer may take e electric energy service from any provider. electric energy service from any provider. Project Project: a set of energy efficiency measures installed at one or : a set of energy efficiency measures installed at one or several similar electric utility distribution customer sites. several similar electric utility distribution customer sites. Project Sponsor Project Sponsor: an entity contracting with Program Administrator : an entity contracting with Program Administrator to provide energy efficiency services at a customer site. to provide energy efficiency services at a customer site.

What is a Standard Offer Program? What is a Standard Offer Program?

• Applications considered on per

Applications considered on per-

• project basis; first

project basis; first-

• come, first

come, first-

• served.

served.

• Number of participants limited only by available incentive

Number of participants limited only by available incentive dollars. dollars.

• Incentive payments are made to Project Sponsor.

Incentive payments are made to Project Sponsor.

• Project Sponsor and customer determines efficiency measures

Project Sponsor and customer determines efficiency measures to be installed. to be installed.

• Different from rebates: based on performance, not prescriptive

Different from rebates: based on performance, not prescriptive technologies. technologies.

Standard Offer Programs Standard Offer Programs

These program templates have been approved by the PUC: These program templates have been approved by the PUC:

• Commercial and Industrial SOP

Commercial and Industrial SOP

• Small Commercial and Residential SOP

Small Commercial and Residential SOP

• Hard

Hard-

• To

To-

• Reach SOP

Reach SOP

Commercial and Industrial Standard Commercial and Industrial Standard Offer Program Offer Program

• Targets customers with maximum demands that exceed 100 kW.

Targets customers with maximum demands that exceed 100 kW.

• No Project Sponsor can receive more that 20% of annual incentive

No Project Sponsor can receive more that 20% of annual incentive budget. budget.

• Each project must reduce a minimum of 20 kW.

Each project must reduce a minimum of 20 kW.

• Comprehensive projects are encouraged. Lighting savings limited

Comprehensive projects are encouraged. Lighting savings limited to 65% of each project to 65% of each project.

.

El Paso Electric 2008 Goals El Paso Electric 2008 Goals

Customer Class Customer Class MW MW

Residential Residential 0.81 0.81 Hard to Reach Hard to Reach 0.32 0.32 Small Commercial Small Commercial 0.41 0.41 Large Commercial Large Commercial 1.98 1.98

Total Total

3.52 3.52

El Paso Electric Budget El Paso Electric Budget

Program 2008 Estimated/ Preliminary/ Allocated I ncentive Budgets* Unused 2007 I ncentive Roll-over* (Estimated) $/ kW $/ kWh Large Commercial / I ndustrial (Large C&I ) Standard Offer

Program $398,116 $344,770 $194.60 $0.0665 * Incentive budgets are subject to change.

Who is the Program Administrator? Who is the Program Administrator?

Energy efficiency programs Energy efficiency programs will be administered by the will be administered by the investor investor-

• owned utility:
• wned utility:

El Paso Electric Company El Paso Electric Company

Program Administrator Program Administrator Responsibilities Responsibilities

• Perform outreach to energy services community;

Perform outreach to energy services community;

• Review project applications;

Review project applications;

• Sign contracts with Project Sponsors;

Sign contracts with Project Sponsors;

• Perform pre

Perform pre-

• and post

and post-

• installation inspections;

installation inspections;

• Make payments to project sponsors;

Make payments to project sponsors;

• Report results to Public Utility Commission.

Report results to Public Utility Commission.

Who Can Be a Project Sponsor? Who Can Be a Project Sponsor?

• Energy service companies (

Energy service companies (ESCOs ESCOs); );

• Local contractors;

Local contractors;

• Architecture/engineering firms;

Architecture/engineering firms;

• Renewable energy project developers;

Renewable energy project developers;

• National or local companies that provide energy

National or local companies that provide energy-

• related products

related products (e.g., lighting or HVAC); (e.g., lighting or HVAC);

• Commercial and Industrial Customers acting as their own Project

Commercial and Industrial Customers acting as their own Project Sponsor; Sponsor;

Project Sponsor Qualifications Project Sponsor Qualifications

• Statement of professional experience doing similar work

Statement of professional experience doing similar work

• Evidence of financial strength and capability

Evidence of financial strength and capability

• Work plan for project design, implementation, operation and mana

Work plan for project design, implementation, operation and management gement

• Proof of insurance

Proof of insurance

• Commercial General Liability

Commercial General Liability

• Minimum $1,000,000 / occurrence limit

Minimum $1,000,000 / occurrence limit

• Minimum $2,000,000 / general aggregate limit

Minimum $2,000,000 / general aggregate limit

• Auto

Auto

• Minimum $1,000,000 / occurrence

Minimum $1,000,000 / occurrence

• Workers

Workers’ ’ Compensation Compensation

• Minimum $500,000

Minimum $500,000

• A.M. Best Rating of A

A.M. Best Rating of A-

• VI or better

VI or better

http:/ / http:/ / www.ambest.com www.ambest.com/ /

Project Sponsor Project Sponsor’ ’s Responsibilities s Responsibilities

• Meeting minimum eligibility criteria;

Meeting minimum eligibility criteria;

• Submitting Initial and Final Project Application forms;

Submitting Initial and Final Project Application forms;

• Executing and complying with the terms of EPE

Executing and complying with the terms of EPE’ ’s SOP Agreement; s SOP Agreement;

• Comply with all SOP rules and procedures;

Comply with all SOP rules and procedures;

• Conduct marketing activities and sign contracts with individual

Conduct marketing activities and sign contracts with individual customers; customers;

• Apply for incentives;

Apply for incentives;

• Sign standard contract with utility administrator;

Sign standard contract with utility administrator;

• Design and install energy efficiency project;

Design and install energy efficiency project;

• Measure and verify energy savings;

Measure and verify energy savings;

• Report savings to Program Administrator.

Report savings to Program Administrator.

Project Sponsor Project Sponsor’ ’s Responsibilities s Responsibilities

Required to provide the following: Required to provide the following:

• All applicable licenses required under state law and local build

All applicable licenses required under state law and local building ing codes; codes;

• Evidence of all building permits required by governing jurisdict

Evidence of all building permits required by governing jurisdictions ions

• Evidence of all necessary insurance;

Evidence of all necessary insurance;

• All Project Sponsors, except large commercial or industrial

All Project Sponsors, except large commercial or industrial Customers of EPE who are proposing to act as their own Project Customers of EPE who are proposing to act as their own Project Sponsors, need to also provide the following: Sponsors, need to also provide the following:

• Evidence of good credit rating;

Evidence of good credit rating;

• List of references;

List of references;

• Listing of all Texas utility standard offer programs in which th

Listing of all Texas utility standard offer programs in which the e Project Sponsor and any Affiliates have participated in the last Project Sponsor and any Affiliates have participated in the last three three years; years;

• Disclosure of all legal actions and judgments by or against Proj

Disclosure of all legal actions and judgments by or against Project ect Sponsor pending or filed, settled, satisfied, or entered in the Sponsor pending or filed, settled, satisfied, or entered in the two two years immediately preceding the submittal of the Initial Applica years immediately preceding the submittal of the Initial Application; tion;

Eligible Customers Eligible Customers

• Any EPE non

Any EPE non-

• residential distribution Customer;

residential distribution Customer;

• Maximum demand that exceeds 100 kW at any one facility, or a

Maximum demand that exceeds 100 kW at any one facility, or a total demand of at least 250 kW at all facilities owned by the s total demand of at least 250 kW at all facilities owned by the same ame Customer. Customer.

Eligible Energy Efficiency Measures Eligible Energy Efficiency Measures

• Must produce measurable and verifiable demand and energy

Must produce measurable and verifiable demand and energy reduction; reduction;

• Must produce savings through and increase in energy efficiency

Must produce savings through and increase in energy efficiency

• r a substitution of another energy source for electricity;
• r a substitution of another energy source for electricity;
• Retrofits only, except for renewable DSM measures;

Retrofits only, except for renewable DSM measures;

• Minimum of 10 year measure life;

Minimum of 10 year measure life;

• Measure must meet of exceed minimum equipment standards.

Measure must meet of exceed minimum equipment standards.

Eligible Measures Eligible Measures -

• Examples

Examples

• Commercial Cooling and Ventilation

Commercial Cooling and Ventilation

• Installation of high

Installation of high-

• efficiency chillers or packaged cooling units;

efficiency chillers or packaged cooling units;

• Air

Air-

• side and water

side and water-

• side economizer;

side economizer;

• Fan and pump motor efficiency upgrades;

Fan and pump motor efficiency upgrades;

• Constant air volume (CAV) to variable air volume (VAV)

Constant air volume (CAV) to variable air volume (VAV) conversion; conversion;

• Fan and pump variable speed drive (VSD) installations.

Fan and pump variable speed drive (VSD) installations.

Eligible Measures Eligible Measures -

• Examples

Examples

• Commercial / Industrial Lighting

Commercial / Industrial Lighting

• High

High-

• efficiency fluorescent lighting that replaces less efficient lig

efficiency fluorescent lighting that replaces less efficient lighting; hting;

• Lighting controls to reduce operating hours (in conjunction with

Lighting controls to reduce operating hours (in conjunction with lighting lighting efficiency Measures only); efficiency Measures only);

• Compact fluorescent lamps (CFLs) with hard

Compact fluorescent lamps (CFLs) with hard-

• wired ballasts or

wired ballasts or permanent disks; permanent disks;

• Traffic signal LED conversions;

Traffic signal LED conversions;

• LED exit sign retrofits;

LED exit sign retrofits;

• Installation of premium

Installation of premium-

• efficiency lighting in new construction projects.

efficiency lighting in new construction projects.

Eligible Measures Eligible Measures -

• Examples

Examples

• Refrigeration

Refrigeration

• Refrigeration case doors;

Refrigeration case doors;

• Energy

Energy-

• efficient refrigerators;

efficient refrigerators;

• Commercial refrigeration efficiency (multiplexing compressors an

Commercial refrigeration efficiency (multiplexing compressors and other d other refrigeration efficiency Measures). refrigeration efficiency Measures).

• Industrial Process

Industrial Process

• Motor

Motor-

• efficiency upgrades;

efficiency upgrades;

• Variable speed drive installations on industrial fans and pumps.

Variable speed drive installations on industrial fans and pumps.

I neligible Measures or Projects I neligible Measures or Projects

• Measures with an expected life of less than 10 years;

Measures with an expected life of less than 10 years;

• CFLs without hard

CFLs without hard-

• wired ballasts or permanent disks (anti

wired ballasts or permanent disks (anti-

• theft

theft locking devices utilizing a key locking devices utilizing a key-

• removable insert are not eligible);

removable insert are not eligible);

• Cogeneration and self

Cogeneration and self-

• generation projects, except renewable

generation projects, except renewable technologies; technologies;

• Electric equipment with secondary power source (e.g., electric

Electric equipment with secondary power source (e.g., electric chiller with independent gas generator); chiller with independent gas generator);

• Showerheads and aerators;

Showerheads and aerators;

• Fuel switching to electric;

Fuel switching to electric;

• Load reductions caused by building vacancies, decreased

Load reductions caused by building vacancies, decreased production, or other changes in occupant characteristics or production, or other changes in occupant characteristics or behavior; behavior;

• Measures that decrease building plug loads, such as

Measures that decrease building plug loads, such as “ “Green Plugs Green Plugs” ”

• r computer inactivity time
• r computer inactivity time-
• out controls;
• ut controls;
• Energy

Energy-

• efficient gas

efficient gas-

• only Measures.
• nly Measures.

I neligible Measures or Projects I neligible Measures or Projects

• New construction or expansion projects in facilities that do not

New construction or expansion projects in facilities that do not comply with the International Energy Conservation Code; comply with the International Energy Conservation Code;

• Repair and maintenance projects;

Repair and maintenance projects;

• Measures that rely solely on customer behavior or require no cap

Measures that rely solely on customer behavior or require no capital ital investment; investment;

• Load Shifting;

Load Shifting;

• Measures that receive an Incentive Payment through any other SOP

Measures that receive an Incentive Payment through any other SOP

• ffered by EPE;
• ffered by EPE;
• Thermal energy storage.

Thermal energy storage.

Innovative or Non Innovative or Non-

• traditional Energy

traditional Energy-

• Efficiency Measures

Efficiency Measures

• Produce a measurable and verifiable reduction in either purchase

Produce a measurable and verifiable reduction in either purchased d electric energy, measured in kWh, or Peak Demand, measured in electric energy, measured in kWh, or Peak Demand, measured in KW, or both. KW, or both.

• Produce savings through an increase in energy efficiency or a

Produce savings through an increase in energy efficiency or a substitution of electricity at the end substitution of electricity at the end-

• use by another energy source

use by another energy source (provided the substitution results in overall lower energy costs (provided the substitution results in overall lower energy costs, , lower energy consumption, and the installation of high efficienc lower energy consumption, and the installation of high efficiency y equipment). equipment).

• Renewable energy Measures meeting the requirements of the

Renewable energy Measures meeting the requirements of the PUCT PUCT’ ’s s Energy Efficiency Rule (Substantive Rule 25.181) may qualify Energy Efficiency Rule (Substantive Rule 25.181) may qualify for an Incentive Payment. for an Incentive Payment.

• Measure must have a minimum useful life of 10 years.

Measure must have a minimum useful life of 10 years.

• Measure must meet or exceed minimum local, state or federal or

Measure must meet or exceed minimum local, state or federal or

• ther efficiency standards as provided in this Program Manual.
• ther efficiency standards as provided in this Program Manual.

Efficiency Standards Efficiency Standards

Equipment Type Applicable Standard Cooling Equipment International Energy Conservation Code (IECC), 2000 and its 2001 Supplement, which corresponds to ASHRAE 90.1-1999 Lighting Standard Lighting Wattage Table (based on 1992 EPACT and subsequent modifications) Motors ASHRAE 90.1m-1995

Energy Savings Energy Savings Measurement Options Measurement Options

• Baseline is federal standard or typical practice (where applicab

Baseline is federal standard or typical practice (where applicable) le)

• Deemed or Stipulated Savings;

Deemed or Stipulated Savings;

• Simplified M&V;

Simplified M&V;

• Measured Savings (Full M&V)

Measured Savings (Full M&V)

• In accordance with International Performance Measurement

In accordance with International Performance Measurement Verification Protocols (IPMVP). Verification Protocols (IPMVP).

Project Funding Limits Project Funding Limits

• Minimum Project size is 20 kW of Demand Savings;

Minimum Project size is 20 kW of Demand Savings;

• Project Sponsor

Project Sponsor -

• 20% limitation on incentive budget;

20% limitation on incentive budget;

• Program start date of January 8, 2008;

Program start date of January 8, 2008;

• Projects completed by Dec. 1, 2008.

Projects completed by Dec. 1, 2008.

Payment Procedures Payment Procedures

• Deemed Savings Option

Deemed Savings Option

• Project Sponsor receives 100% of the Incentive Payment within

Project Sponsor receives 100% of the Incentive Payment within 45 days after submitting an "Installation Report. 45 days after submitting an "Installation Report.” ”

• Simplified M&V Option

Simplified M&V Option

• Typically requiring only limited and short

Typically requiring only limited and short-

• term M&V.

term M&V.

• Project Sponsor receives up to 100% of the Incentive Payment

Project Sponsor receives up to 100% of the Incentive Payment within 45 days after submitting a Savings Report and invoice, within 45 days after submitting a Savings Report and invoice, subject to EPE subject to EPE’ ’s Post s Post-

• Installation Inspection and Simplified M&V

Installation Inspection and Simplified M&V results. results.

• Measured Savings Option

Measured Savings Option – – Two Payments Two Payments

• Installation Payment

Installation Payment -

• 40% of the total estimated Incentive

40% of the total estimated Incentive Payment. Payment.

• Performance Payment

Performance Payment -

• up to 60% of the total estimated

up to 60% of the total estimated Incentive Payment Measured Savings Option. Incentive Payment Measured Savings Option.

Lighting Measures Lighting Measures

• No more than 65% of Demand Savings and Energy Savings may be

No more than 65% of Demand Savings and Energy Savings may be derived from lighting Measures, including lighting efficiency, l derived from lighting Measures, including lighting efficiency, lighting ighting controls, and lighting interactive savings. controls, and lighting interactive savings.

• More than 65% of a Project

More than 65% of a Project’ ’s Demand Savings and Energy Savings, s Demand Savings and Energy Savings, they will receive Incentive Payments up to a they will receive Incentive Payments up to a maximum maximum of 65% of

• f 65% of

the total calculated Incentive Payment for the Project. the total calculated Incentive Payment for the Project.

Fuel Switching Fuel Switching

Retrofit Projects involving fuel switching (i.e., electric chill Retrofit Projects involving fuel switching (i.e., electric chillers to gas ers to gas

• r absorption chillers) are eligible for the C&I SOP, provided s
• r absorption chillers) are eligible for the C&I SOP, provided such a

uch a Project results in overall lower energy costs, lower energy Project results in overall lower energy costs, lower energy consumption, and the installation of high consumption, and the installation of high-

• efficiency equipment.

efficiency equipment.

Application Process Application Process

• Initial Application

Initial Application – – Submitted via Internet Submitted via Internet

• Project Sponsor Information Form;

Project Sponsor Information Form;

• Project Sponsor Qualifications Form;

Project Sponsor Qualifications Form;

• Project Description Form;

Project Description Form;

• Customer Site Information Form;

Customer Site Information Form;

• Preliminary Savings Calculations Form;

Preliminary Savings Calculations Form;

• Submitted to EPE as hardcopy or electronically.

Submitted to EPE as hardcopy or electronically.

Application Process Application Process

• Proof of insurance (Certificates)

Proof of insurance (Certificates) – – Provided directly by Project Provided directly by Project Sponsor Sponsor’ ’s insurance company within 10 business days of Sponsor s insurance company within 10 business days of Sponsor Application Submittal. Application Submittal.

• Commercial General Liability

Commercial General Liability

• Minimum $1,000,000 / occurrence limit

Minimum $1,000,000 / occurrence limit

• Minimum $2,000,000 / general aggregate limit

Minimum $2,000,000 / general aggregate limit

• Auto

Auto

• Minimum $1,000,000 / occurrence

Minimum $1,000,000 / occurrence

• Workers

Workers’ ’ Compensation Compensation

• Minimum $500,000

Minimum $500,000

• A.M. Best Rating of A

A.M. Best Rating of A-

• VI or better

VI or better

Application Process Application Process

• Final Application

Final Application -

• Submitted via Internet

Submitted via Internet

• Equipment Survey Forms

Equipment Survey Forms

• Lighting Equipment Survey

Lighting Equipment Survey

• Motor and Variable Speed Drive Equipment Survey

Motor and Variable Speed Drive Equipment Survey

• Cooling Equipment Survey

Cooling Equipment Survey

• Updates to the following:

Updates to the following:

• Project Sponsor Information Form, if necessary;

Project Sponsor Information Form, if necessary;

• Customer Site Information Form Project Description Form

Customer Site Information Form Project Description Form

Application Process Application Process

Within ten (10) business days of Internet submittal of the FA, Within ten (10) business days of Internet submittal of the FA, Project Sponsor must provide: Project Sponsor must provide:

• Site Profiles;

Site Profiles;

• Proposed Project

Proposed Project-

• specific M&V Plan;

specific M&V Plan;

• Fully

Fully-

• executed Project Sponsor

executed Project Sponsor-

• Customer Agreement(s);

Customer Agreement(s);

• Savings Calculations.

Savings Calculations.

Pre Pre-

• I nstallation I nspection

I nstallation I nspection

• Verify the accuracy of the Baseline equipment survey.

Verify the accuracy of the Baseline equipment survey.

• Determined if the M&V plan is appropriate.

Determined if the M&V plan is appropriate.

• All Existing Equipment listed in the FA is still in place and

All Existing Equipment listed in the FA is still in place and

• perational.
• perational.
• New equipment installation, or old equipment removal, has not

New equipment installation, or old equipment removal, has not begun. begun.

EPE EPE – – Project Sponsor Project Sponsor SOP Agreement SOP Agreement

• Once the Project has passed pre

Once the Project has passed pre-

• installation inspection and the FA

installation inspection and the FA has been approved, EPE will forward a copy of the SOP Agreement has been approved, EPE will forward a copy of the SOP Agreement to the Project Sponsor. to the Project Sponsor.

• THE TERMS OF THE SOP AGREEMENT WI LL BE STANDARD

THE TERMS OF THE SOP AGREEMENT WI LL BE STANDARD FOR ALL PROJECT SPONSORS AND ARE NON FOR ALL PROJECT SPONSORS AND ARE NON-

• NEGOTI ABLE

NEGOTI ABLE.

.

• A copy of the terms of the SOP Agreement will be made available

A copy of the terms of the SOP Agreement will be made available for download from the for download from the Program website Program website. .

Reporting and Reporting and Payment Procedures Payment Procedures

Installation Report Installation Report -

• Submitted via Internet

Submitted via Internet

• Installation Completion Dates for each Measure type;

Installation Completion Dates for each Measure type;

• Updates to the following:

Updates to the following:

• Project Sponsor Information Form, if necessary;

Project Sponsor Information Form, if necessary;

• Project Description Form finalized;

Project Description Form finalized;

• Customer Site Information Form;

Customer Site Information Form;

• Equipment Survey Forms.

Equipment Survey Forms.

• Submitted to EPE as hardcopy or electronically:

Submitted to EPE as hardcopy or electronically:

• Savings Calculations revisions;

Savings Calculations revisions;

• Site Profiles if necessary;

Site Profiles if necessary;

• Updated Final Project

Updated Final Project-

• specific M&V Plan;

specific M&V Plan;

• Certification Page.

Certification Page.

Post Post-

• I nstallation I nspection

I nstallation I nspection

• Requires presence of Project Sponsor representative during

Requires presence of Project Sponsor representative during inspection. inspection.

• Verify that equipment has been installed and is operating as

Verify that equipment has been installed and is operating as described in the Installation Report. described in the Installation Report.

• Verify if M&V plan is being followed in accordance with the

Verify if M&V plan is being followed in accordance with the approved FA. approved FA.

I nstallation Payment I nstallation Payment

• 40% of the Incentive Payment estimate approved in the Installati

40% of the Incentive Payment estimate approved in the Installation

• n

Report . Report .

• Payment is made typically within 45 days following approval of t

Payment is made typically within 45 days following approval of the he Installation Report. Installation Report.

Savings Report Savings Report

• Project Sponsors using Deemed Savings, the Savings Report is a

Project Sponsors using Deemed Savings, the Savings Report is a simple on simple on-

• line form confirming what was submitted with the

line form confirming what was submitted with the Installation Report. Since no M&V activities are required with Installation Report. Since no M&V activities are required with Deemed Savings, the Savings Report is typically submitted at the Deemed Savings, the Savings Report is typically submitted at the same time as the Installation Report. same time as the Installation Report.

• Simplified or Measured Savings approaches, the Project Sponsor

Simplified or Measured Savings approaches, the Project Sponsor should submit a Savings Report after all M&V activities are should submit a Savings Report after all M&V activities are complete. complete.

• Simplified and Measured Savings approaches, the Savings Report

Simplified and Measured Savings approaches, the Savings Report documents the documents the Verified Project Demand Savings and Energy Savings Verified Project Demand Savings and Energy Savings with with Supporting Data and Calculations. Supporting Data and Calculations.

• The Project Sponsor within ten (10) days to certify that the ver

The Project Sponsor within ten (10) days to certify that the verified ified Demand Savings and Energy Savings submitted are accurate. Demand Savings and Energy Savings submitted are accurate.

Performance Payment Performance Payment

• Measures using Deemed Savings or Simplified M&V, 100% of the

Measures using Deemed Savings or Simplified M&V, 100% of the Incentive Payment will be payable after approval of the Savings Incentive Payment will be payable after approval of the Savings Report. Report.

• Performance Payment is issued, based on the Project

Performance Payment is issued, based on the Project’ ’s verified s verified Measured Energy Savings and Measured Demand Savings minus the Measured Energy Savings and Measured Demand Savings minus the amount paid in the Installation Payment. amount paid in the Installation Payment.

• Performance Payment is made typically within 45 days following

Performance Payment is made typically within 45 days following approval of the Savings Report. approval of the Savings Report.

Other Program I nformation Other Program I nformation

• Reimbursement of Expenses

Reimbursement of Expenses -

• EPE will not reimburse any Project

EPE will not reimburse any Project Sponsor for any costs incurred by participating in the SOP. Sponsor for any costs incurred by participating in the SOP.

Questions???? Questions????

Contact Contact

John D. Armstrong John D. Armstrong Principal Commercial Utilization Specialist Principal Commercial Utilization Specialist El Paso Electric Company El Paso Electric Company P.O. Box 982 P.O. Box 982 El Paso, Texas 79960 El Paso, Texas 79960 915 915-

• 543

543-

• 5809

5809 915 915-

• 521

521-

• 4729 FAX

4729 FAX jarmstro@epelectric.com jarmstro@epelectric.com