Low-Cost Strategies for Reducing Energy Use CERTS October 2018 - - PowerPoint PPT Presentation

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Low-Cost Strategies for Reducing Energy Use CERTS October 2018 - - PowerPoint PPT Presentation

Oct 07, 2023 453 likes •637 views

Low-Cost Strategies for Reducing Energy Use CERTS October 2018 Bemidji 4th Mayors Monarch Pledge Pollinator Gardens How can my city reduce energy use and save money? Answer: GESP Guaranteed Energy Savings Program GESP

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Low-Cost Strategies for Reducing Energy Use

CERTS October 2018

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Bemidji

4th

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Mayor’s Monarch Pledge Pollinator Gardens

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How can my city reduce energy use and save money?

“ “

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Answer: GESP Guaranteed Energy Savings Program

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GESP Leverages energy and

  • perational

savings to finance your project.

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City sold bonds to pay for project costs Energy savings make bond payments $2.45 million in approved projects

Process

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Project Scope This

  • Nine City

Buildings & Waste Water Treatment Facility

That

  • Building and

Street Lights upgraded to LED

The Other

  • Annual
  • perations &

maintenance savings $24,000

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The Bottom Line

Expected annual energy savings of 15% and costs savings of more than $126,000 per year. Expected to save $3,391,825 in utility and operational savings over the twenty-year term of the agreement.

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1st year Rebate Checks $212,217

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1st year savings $139,463

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Equal to a 2.4% Levy

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Benefits Recap

Streamlined process for selection and implementation of program Competitive bidding among prequalified energy companies Minimize work load

  • n City staff

Accelerated timeline to implement projects Projects paid for with energy savings

  • ver period of time

Employ local contractors to complete the work Reduce energy usage Extend equipment life Reduce maintenance costs and time Maximize system performance Address deferred maintenance issues Provide better comfort Create local jobs Redirect capital to

  • ther projects

Guaranteed results

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City Council passed a Resolution

Resolution Recognizing Climate Change and Urging Congress to Levy a Revenue Neutral Fee on Carbon in Fossil Fuels

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Rita Albrecht

Mayor 218.760.8715 rita.albrecht@ci.bemidji.mn.us @BemidjiRita

Jesse Robertson

Building Inspector 218.759.3585 jesse.robertson@ci.bemidji.mn.us