Multifamily & Commercial Project Pipeline Monthly Report — original pdf

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Multifamily & Commercial Project Pipeline – Monthly Report 07/07/2024 Figure 1: Commercial and Multifamily Project Pipeline Commercial and Small Business Multifamily 200 180 160 140 120 100 80 60 40 20 0 t n u o C t c e o r P j 76 101 9 10 Pre-Approval in Progress 14 Approved: Installation and Verification Pre-Approval in Progress Approved: Installation and Verification Multifamily Multifamily Income Qualified 1. Figures includes all leads and applications, regardless of estimated rebate amount. In coordination with the customer and contractor, Austin Energy periodically removes leads and new applications that do not proceed to Installation. a. “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. b. “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. c. Paid projects are listed on the preceding RMC summary table in this report. 160 140 120 100 80 60 40 20 0 t n u o C t c e o r P j 145 Project Pipeline Notes: 2. Pipeline Definitions Multifamily & Commercial Project Pipeline – Monthly Report 07/07/2024 Table 1: Multifamily and Multifamily Income Qualified – Estimated RCA Project Pipeline (for estimated rebates >$72k) Program Latest Workflow Enrollment (s) # Location Name Installation Address Council District Estimated kW savings Estimated kWh savings Estimated $ Incentive Installation Lincoln Oaks 263.3 766,330 $257,806 11700 Metric Blvd 1266038, 1279735, 1292608, 1292617 Measures Planned Phase 1 (Complete): Water Saving Devices, Phase 2 (In Progress): LED Lighting, Plenum Remediation & Seal, HVAC Tune-Up, Smart Thermostats Total # of Units 296 Installation 1277574 Buckingham Place Duplexes 743 YARSA BLVD Installation 1301882 West Koenig Flats 5608 Avenue F 34.2 159,495 $74,700 HVAC Tune-Ups, Smart Thermostats 166 39.0 185,377 $109,200 HVAC Tune-up, Smart Thermostats 210 Installation 1299361 79.6 286,993 $151,432 HVAC Tune-Ups, Smart Thermostats, LED Lighting 292 Installation 1303113 53.5 256,991 $124,640 HVAC Tune-Ups, Smart Thermostats 304 Installation 1291360 Twenty15 111.4 473,767 $205,465 Multifamily Installation 1301185 Elan East 59.0 327,616 $121,687 HVAC Tune-Ups, Smart Thermostats, Attic Insulation, Plenum Remediation & Seal, Water Savings Devices HVAC Tune-Ups, Smart Thermostats, Water Saving Devices, ECAD Multifamily Installation 1300529 34.1 143,396 $100,399 HVAC Tune-Ups, Smart Thermostats, Attic Insulation Multifamily Installation 1301881 71.8 336,393 $205,412 HVAC Tune-Ups, Smart Thermostats 356 Multifamily Income Qualified Multifamily Income Qualified Multifamily Income Qualified Multifamily Income Qualified Multifamily Income Qualified Multifamily Income Qualified Reserve at Springdale Goodnight Commons 5605 Springdale Rd 2022 E Slaughter Ln 2015 Cedar Bend Dr 2900 Manor Rd The Establishment 3501 S 1st St Villages at Turtle Rock The Michael at Presidio 12800 Turtle Rock Rd 13535 Lyndhurst ST South Lamar Village 3505 S Lamar Blvd Multifamily Installation 1302240 41.7 162,206 $119,520 HVAC Tune-Ups Multifamily Installation 1305989 110.0 232,675 $108,942 HVAC Tune-Ups, Smart Thermostats, Plenum Remediation & Seal, Attic Insulation, Duct Replacement 291 251 139 427 208 7 2 4 1 2 6 9 3 6 6 5 Multifamily & Commercial Project Pipeline – Monthly Report 07/07/2024 Program Latest Workflow Enrollment (s) # Location Name Installation Address Council District Estimated kW savings Estimated kWh savings Estimated $ Incentive Measures Planned Multifamily Installation 1306522 8701 W PARMER LN Out of District 417.9 840,657 $123,024 Duct Remediation & Seal, Plenum Remediation & Seal ARTISAN LUXURY APARTMENT HOMES 2015 Cedar Bend Dr 8054 Exchange Dr 2207 Wickersha m Ln CHANDELIER APARTMENTS 2336 Douglas St Stone Oak at Parmer 5400 W PARMER LN 2 9 1 3 3 6 Multifamily Installation 1290859 Ladera Apartments 7500 S IH 35 SVRD SB 72.1 404,393 $149,869 HVAC Tune-Ups, Smart Thermostats, Water Saving Devices, ECAD Multifamily Installation 1304166 Northshore 43.5 169,133 $126,432 HVAC Tune-Ups Multifamily Paid 1291916 Creekstone Austin 95.3 291,511 $252,599 HVAC Tune-up, Smart Thermostats, Attic Insulation Multifamily Paid 1298340 Patten West 103.5 131,335 $168,963 Multifamily Paid 1290116 135.1 389,362 $203,090 Multifamily Paid 1294025 155.7 489,692 $300,000 LED Lighting, HVAC Tune-Ups, Attic Insulation HVAC Tune-up, Smart Thermostats, Attic Insulation, Water Savings Devices Attic Insulation, HVAC Tune-Up, Smart Thermostats, Water Saving Devices Total # of Units 425 306 433 284 249 336 434 * projects in which the RCA Fact Sheet was submitted in a prior month’s report. Fact sheets summarize the projects and are provided when the project is completed. Multifamily & Commercial Project Pipeline – Monthly Report 07/07/2024 Table 2: Commercial and Small Business – Estimated RCA Project Pipeline (for estimated rebates >$72k) Program Latest Workflow Enrollment Number Location Name Installation Address kW savings kWh savings $ Incentive Measures Planned Council District * projects in which the RCA Fact Sheet was submitted in a prior month’s report. Fact sheets summarize the projects and are provided when the project is completed. Table 1 & 2 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 $72k in estimated rebates. RCA Fact Sheets will be provided for these projects when the project is completed. 3. Estimated kW and kWh savings include estimated transmission and distribution system losses. MULTIFAMILY REBATE FACT SHEET Stone Oak at Parmer Note: Data reflects final installation and inspection; some values may have changed since original proposal scope. Stone Oak The Lodge at Stone Oak Ranch 5400 PARMER LN Austin, TX 78727 1 bed = $1,293, 2 bed = $1,787, 3 bed = $2,017 Market Rate Property Name Customer Name Property Address Year Built Average Rent per Floor Plan[1] Number of Rentable Units Housing Type Water Heater Type Total Project Costs Total Rebate % of Total Construction Costs Rebate per Unit Electric Utilization Intensity (EUI) Average Electric Utilization Intensity for cohort[2] Kilowatts (kW) Saved Kilowatt-hours (kWh) Saved $/kW– Estimated Annual Dollar Savings Per Unit[3] 2000 434 Electric 9.14 11.16 Project and Rebate $308,850 $300,000 97% $691 Note(s) 156 kW 489692 kWh $ 1984/kW $106 Scope of Work Installed Attic Insulation on 110556 square feet of roof. Installed 427 Amazon Smart Thermostats. Performed HVAC Tune-Up on 439 units with the total tonnage of 915.4 tons. Performed Energy Audit for ECAD compliance. Project Annual Savings at 100% Occupancy Measure Rebate Amount kW Saved kWh Saved $/kW Annual Dollar Savings Per Unit[4] Attic Insulation Smart Thermostats HVAC Tune-Up Water Saving Devices $90,479 $76,860 $140,232 $1,279 61.5 37.2 54.3 2.6 Measures Performed - Last 10 Years at this property Duct Remediation & Sealing Solar Screens Water Saving Devices 37,642 213,080 211,365 27,605 Completion Date 7/19/2018 7/19/2018 7/19/2018 $1,470 $2,066 $2,581 $496 $8 $46 $46 $6 Rebate Amount $156,557 $31,933 $9,224 [1] Source: CoStar [2] Cohort Type is determined by the year the property is built and the heating type (either gas or electric) [3] Calculation based on 10 cents per kWh. [4] Energy (kWh) and dollars ($) 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.