Multifamily & Commercial Project Pipeline Report — original pdf

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Multifamily & Commercial Project Pipeline – Monthly Report 2/5/2020 Figure 1: Commercial and Multifamily Project Pipeline Commercial and Small Business Multifamily 140 120 100 80 60 40 20 0 t n u o C t c e o r P j 74 68 Multifamily Income Qualified Multifamily 10 1 13 9 212 87 41 Pre-Approval in Progress Approved: Installation FY21 Paid and Verification Pre-Approval in Progress Approved: Installation and Verification FY21 Paid Project Pipeline Notes: 1. Figures includes all leads and applications, regardless of estimated rebate amount. 2. “Pre-Approval in Progress” includes: 1) customer/contractor submitted leads; 2) applications in development but not yet submitted to Austin Energy; and 3) applications submitted to Austin Energy that are under review for eligibility and approval of project scope. 3. “Approved: Installation and Verification” includes projects: 1) approved with installation underway; and 2) where installation is complete and final inspection and quality review are ongoing. 4. “FY21 Projects Paid” includes projects in which the check or payment has been distributed to the customer in FY21 5. In coordination with the customer and contractor, Austin Energy periodically removes leads and new applications that do not proceed to Installation. 6. Multifamily COVID-19 Note: Multifamily projects are allowed to proceed. Tenant approval will be obtained for all interior upgrades. Projects will proceed in phases to limit contractor time spent in tenant spaces. 7. Commercial & Small Business COVID-19 Note: Program staff continue to process rebate payments. Inspections are proceeding with remote video software; limited in-person inspections occur when absolutely necessary. 250 200 150 100 50 0 t n u o C t c e o r P j Multifamily & Commercial Project Pipeline – Monthly Report 2/5/2020 Table 1: Multifamily and Multifamily Income Qualified – Estimated RCA Project Pipeline (for estimated rebates >$62k) Latest Workflow Enrollment # Location Name Installation Address Council District Estimated kW savings Estimated kWh savings Estimated $ Incentive Measures Planned Installation 1203275 8405 BENT TREE RD 10 98.3 231,788 $82,263 Bent Tree Apartments* Installation 1209470 Bridge at Terracina 10 91.0 264,910 $153,023 170 8100 N. MoPac Expressway Multifamily Installation 7 68.9 328,210 $151,500 1205826, 1207373, 1207491 Lantower Tech Ridge* 14233 The Lakes Blvd * projects in which the RCA Fact Sheet was submitted in a prior month’s report Total # of Units 126 Air Conditioner Replacement and Smart Thermostats Attic Insulation, Lighting, Smart Thermostats, HVAC Tune-Up, Water Saving Devices Smart Thermostats and HVAC Tune-Up 375 Program Multifamily Income Qualified Multifamily Income Qualified Multifamily & Commercial Project Pipeline – Monthly Report 2/5/2020 Table 2: Commercial and Small Business – Estimated RCA Project Pipeline (for estimated rebates >$62k) Program Latest Workflow Enrollment Number Location Name Installation Address Council District Estimated kW savings Estimated kWh savings Estimated $ Incentive Measures Planned Commercial Installation 1195942 Costco* Commercial Installation 1179740 Atria Senior Living* Commercial Installation 1201470 Lowe’s #1948* 4301 W WILLIAM CANNON DR A 9306 GREAT HILLS TRL 12611 SHOPS PKWY Unit 200 8 10 ETJ 4 252 220 713,089 $ 62,488 Lighting 839,176 $63,335 Lighting 234.4 664,837 $62,247 Lighting Commercial Paid 1207137 5610 N IH 35 LLC (Cloud Kitchen) 5610 N IH 35 SVRD SB 221.1 210,206 $63,945 Custom – Commercial Kitchen Exhaust Hoods * projects in which the RCA Fact Sheet was submitted in a prior month’s report Notes: 1. Rebates, kW, and kWh are subject to change pending final installation scope and site inspections. 2. The above pipeline includes projects that, upon completion of the pre-installation inspection, exceed $62k in estimated rebates. RCA Fact Sheets will be provided for these projects based on the approved scope. 3. Estimated kW and kWh savings include estimated transmission and distribution system losses. MULTIFAMILY INCOME QUALIFIED REBATE FACT SHEET Bridge at Terracina Note: Data reflects the proposal scope prior to installation and is subject to change pending final installation and inspection. Property Name Bridge at Terracina THE BRIDGE AT TERRACINA LLC 8100 N. MoPac Expressway Austin, TX 78759 1971 1BR $997; 2BR $1,255; 3BR $1,610 170 501c not for profit. Owned by Housing Authority of the City of Austin. Customer Name Property Address Year Built Average Rent per Floor Plan1 Number of Rentable Units Housing Type Water Heater Type Electric Utilization Intensity (EUI) Average Electric Utilization Intensity for cohort 2 Project and Rebate Total Project Costs - Estimated Total Rebate - Estimated % of Total Construction Costs Rebate per Unit - Estimated Note(s) Electric 9.97 11.29 TBD $153,023 TBD $900 Install Attic Insulation on 77166 square feet of roof. Replace 1996 existing A type Incandescent lamps with a like number of LED lamps. Install 170 smart thermostats. Perform HVAC Tune-Up on 170 units with the total tonnage of 255 tons. Project split into two phases. Phase 1 is attic insulation. Phase 2 will be remaining measures. Project Annual Savings at 100% Occupancy Kilowatt (kW) Saved - Estimated Kilowatt-hours (kWh) - Estimated $/kW - Estimated Annual Dollar Savings Per Unit - Estimated3 Scope of Work Measure 91 kW 264,910 kWh $1,681/kW $146 Attic Insulation Lighting Smart Thermostats HVAC Tune-Up Water Saving Devices Total Rebate Amount - Estimated kW Saved – Estimated kWh Saved – Estimated $/kW Annual Dollar Savings Per Unit4 $64,048 $5,988 $25,500 $53,380 $4,108 $153,024 43.0 9.9 14.8 15.1 8.3 91.0 26,273 6,265 84,833 58,879 88,660 $1,491 $608 $1,722 $3,526 $496 $15 $3 $47 $33 $49 264,910 $1,681 $147 Measures Performed in last 10 years at this property Completion Date Rebate Amount Solar screens/film 9/13/2013 $11,910 1 Source: CoStar 2 Cohort Type is determined by the year the property is built and the heating type (either gas or electric) 3 Calculation based on 10 cents per kWh 4 Energy (kWh) and dollars ($) saved per project varies by both the size of the project and the type of heating. Projects with electric heat generally have higher savings than projects with gas heat. COMMERCIAL REBATE FACT SHEET 5610 N IH 35 AUS LLC (Uber Eats/Cloud Kitchen) Note: Data reflects final installation and inspection; some values may have changed since original proposal scope. Property Name Customer Name Property Address Total Square Feet Year Built Air Conditioner Tonnage Water Heater Type Total Project Costs Total Rebate Note(s) Project Annual Savings Kilowatt (kW) Kilowatt-hours (kWh) $/kW Scope of Work 5610 N IH 35 AUS (Uber Eats/Cloud Kitchen) 5610 N IH 35 AUS LLC 5610 N IH 35 SVRD SB 17,881 2020 N/A N/A N/A (new construction project) $63,945 221.1 210,206 $289 A new construction shared commercial kitchen facility installed energy efficiency kitchen exhaust hoods. A custom incentive was calculated based on baseline kitchen equipment and expected energy savings. Measure Rebate kW Saved Custom Measure - Kitchen exhaust hoods $63,945 221.1 kWh Saved 210,206 $/kW $289 Completion Date Rebate Amount Measures Performed in last 10 years at this property N/A