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Flowserve — State Energy Conservation Office — Energy Summit 2005
15 slides from Flowserve's conference presentation, Oct 17, 2005
Slide 1: Energy Summit
ENERGY SUMMIT Dallas, Texas October 17, 2005 Perry Been State Energy Conservation Office Deputy Director
Slide 2: Government Programs & Funding for Energy Efficiency
Government Programs & Funding for Energy Efficiency
Slide 3: Mission Statement
Mission Statement The mission of the State Energy Conservation Office is to maximize energy efficiency while protecting the environment.
Slide 4: SECO Programs
SECO Programs Alternative Fuels Schools & Local Govt. Energy Education State Agency Program Texas Energy Partnership Special Projects Housing Partnership Pantex LoanSTAR Renewable Energy
Slide 5: The Texas Energy Picture
The Texas Energy Picture Texas accounts for 12% of U.S. energy consumption 5th largest energy user in the world Oil production peaked in 1972 Texas became a net energy importer in 1993 Annual growth in electrical use averaged +3.5% over last 10 years
Slide 6: Non-attainment and Affected Counties
Non-attainment and Affected Counties
Slide 7: Energy Savings Performance Contract
Energy Savings Performance Contract “ …a contract for energy or water conservation measures to reduce energy or water consumption or operating costs of facilities in which the estimated savings in utility costs resulting from the measures is guaranteed to offset the cost of the measures over a speci
Slide 8: Energy Savings Performance Contract
Energy Savings Performance Contract Current Savings Utility Bill Post-Retrofit Utility Bill
Slide 9: Energy Savings Performance Contracting Statutes
Energy Savings Performance Contracting Statutes State Agencies – Texas Government Code 2166.406 ISD’s – Texas Education Code 44.901 Higher Education – Texas Education Code 51.927 Local Governments – Texas Local Government Code 302.001 http://www.capitol.state.tx.us/tlo/legislation/legislatio
Slide 10: LoanSTAR
LoanSTAR (Saving Taxes and Resources) Financing mechanism for funding energy efficient retrofits for state agencies, public schools, county hospitals, and local government. Program’s revolving loan mechanism allows borrowers to repay loans through the stream of cost savings realized from the project
Slide 11: LoanSTAR Basics
LoanSTAR Basics Fund Balance: $103M+ ($95M mandated) Interest Rate: 3% Fixed Repayment: 10 Year Maximum Maximum Loan: $5M
Slide 12: LoanSTAR Benefits
LoanSTAR Benefits Low interest rate – 3% Repayment delayed until end of construction SECO pays for 3rd party energy assessment review, design review, and construction monitoring
Slide 13: LoanSTAR Results
LoanSTAR Results 182 loans totaling $230M $162M cumulative savings $13M annual savings 0 defaulted loans
Slide 14: LoanSTAR Program Results
LoanSTAR Program Results ` Total Loans Funded as of September 05 Hospitals (10) $4.6M Universities (46) Local Governments (34) $78.0M Universities 5% $50.8M 25% School Districts 19% State Agencies Local Governments Hospitals State Agencies (16) $41.5M 9% School Districts (76) $56.1M 42%
Slide 15: State Energy Conservation Office
State Energy Conservation Office 111 E. 17th St. Austin, Texas 78701 Phone: (512) 463-1931 Fax: (512) 475-2569 www.seco.cpa.state.tx.us Perry Been Deputy Director State Energy Conservation Office Perry.been@cpa.state.tx.us
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