Multifamily & Commercial Project Pipeline Monthly Report — original pdf

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Multifamily & Commercial Project Pipeline – Monthly Report 07/31/2024 Figure 1: Commercial and Multifamily Project Pipeline Commercial and Small Business Multifamily t n u o C t c e o r P j 200 180 160 140 120 100 80 60 40 20 0 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 Income Qualified Multifamily Income Qualified Multifamily Income Qualified Multifamily Income Qualified Multifamily Income Qualified Multifamily Income Qualified Multifamily & Commercial Project Pipeline – Monthly Report 07/31/2024 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 Measures Planned Paid Lincoln Oaks 83.1 414,141 $144,710 11700 Metric Blvd Water Saving Devices, LED Lighting, HVAC Tune-Up, Smart Thermostats, MFIQ Bonus items. All five enrollments cover 2 fiscal years 1266038, 1279735, 1292608, 1292617, 1304145 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 Paid 1294025 155.7 489,692 $300,000 Stone Oak at Parmer* 5400 W PARMER LN Multifamily Installation 1301185 Elan East 59.0 327,616 $121,687 HVAC Tune-Ups, Smart Thermostats, Attic Insulation, Plenum Remediation & Seal, Water Savings Devices Attic Insulation, HVAC Tune-Up, Smart Thermostats, Water Saving 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 Installation 1302240 41.7 162,206 $119,520 HVAC Tune-Ups 427 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 Total # of Units 296 291 434 251 139 7 2 4 1 2 6 6 9 3 6 6 Multifamily & Commercial Project Pipeline – Monthly Report 07/31/2024 Program Latest Workflow Enrollment (s) # Location Name Installation Address Council District Estimated kW savings Estimated kWh savings Estimated $ Incentive Multifamily Installation 1305989 5 110.0 232,675 $108,942 South Lamar Village 3505 S Lamar Blvd Measures Planned HVAC Tune-Ups, Smart Thermostats, Plenum Remediation & Seal, Attic Insulation, Duct Replacement Multifamily Installation 1306522 8701 W PARMER LN Out of District 417.9 840,657 $123,024 Duct Remediation & Seal, Plenum Remediation & Seal 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 ARTISAN LUXURY APARTMENT HOMES 2015 Cedar Bend Dr Grove South Lamar 3607 S Lamar Blvd 2 9 5 Multifamily Installation 1320101 40.4 157,127 $95,784 HVAC tune-ups Total # of Units 208 425 306 433 307 * 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 07/31/2024 Table 2: Commercial and Small Business – Estimated RCA Project Pipeline (for estimated rebates >$72k) Program Latest Workflow Enrollment Number Commercial 1302741 Post- Inspection Location Name Installation Address kW savings kWh savings $ Incentive Measures Planned Robert E Johnson Building 1501 Congress Ave, Austin, TX 78701 9 215 671,082 $73,939 Lighting 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. 1984 296 Income Qualified Electric 6.87 10.31 $149,004 $144,710 97% $489 Note(s) Project and Rebate 83 kW 414141 kWh $1,650/kW $131 Scope of Work Note: Data reflects final installation and inspection; some values may have changed since original proposal scope. MULTIFAMILY REBATE FACT SHEET The Barstow – Lincoln Oaks LINCOLN OAKS AUSTIN LINCOLN OAKS APARTMENTS LP 11700 METRIC BLVD AUSTIN, TX 78758 1x1 = $1,040; 2x2 = $1,471 68 CAP out of 296 units. 22.97% CAP. LIH - Public property for housing indigent persons (Special Exemption) 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] Replaced 3133 existing Incandescent, Candelabra, Spot or Linear Fluorescent lamps with a like number of LED lamps. Installed 286 Ecobee3 lite Smart Thermostats. Performed HVAC Tune-Up on 296 units with the total tonnage of 529 tons. Performed Energy Audit for ECAD compliance. Installed Multifamily Income Qualified limed time offerings. Project Annual Savings at 100% Occupancy Kilowatts (kW) Saved Kilowatt-hours (kWh) Saved $/kW– Estimated Annual Dollar Savings Per Unit[3] Measure Lighting Smart Thermostats HVAC Tune-Up Water Saving Devices Supplemental Measure (Cold weather tune-up) MFIQ Bonus Offerings Rebate Amount kW Saved kWh Saved $/kW Annual Dollar Savings Per Unit[4] $11,777 $42,900 $75,950 $6,513 $1,400 $6,170 13.7 24.9 31.4 13.1 - - 8,694 142,719 122,145 140,583 - - Completion Date $861 $1,722 $2,419 $496 - - $3 $45 $39 $45 - - Rebate Amount Measures Performed - Last 10 Years at this property [1] Source: CoStar [2] Cohort Type is determined by the year the property is built and the heating type (either gas or electric) [3] Calculation based on 10 cents per kWh. [4] Energy (kWh) and dollars ($) 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.