Xcel Energy Inc. · NASDAQ:XEL
Xcel Energy — Investor Presentation (June 2010)
22 slides from Xcel Energy's investor presentation, Jun 2, 2010
Slide 1: ARRA Funded Energy Efficiency Incentives in ND
ARRA Funded Energy Efficiency Incentives in ND Energy Savings and Rebate Opportunities for your Business Customers June 2, 2010 1
Slide 2: How do the ND ARRA programs work?
How do the ND ARRA programs work? ► Incentive programs launch June 1, 2010 ► Equipment invoices must be dated June 1, 2010, or after ► Programs close when ► Rebate budget exhausted, or ► By December 31, 2011, whichever happens first ► Rebate applications processed on first come, first served basis ►
Slide 3: Why is Xcel Energy participating?
Why is Xcel Energy participating? ► Support American Recovery and Reinvestment Act (ARRA) efforts in North Dakota ► Increase awareness of the benefits of energy efficiency ►Trade Allies ►Customers ► Expand residential program offering ► Launch limited business portfolio 3
Slide 4: Customers' Economic Benefits
Customers’ Economic Benefits ► Lower energy bills ► Lower operating and maintenance costs ► Increased lifetime savings ► Increased efficiency of operation ► Lower the first cost for energy-efficiency projects ►Decrease payback periods ►Lower up-front costs ►Higher return on investment 4
Slide 5: Environmental Benefits
Environmental Benefits ► Avoid building new power plants ► Reduce emissions ► Pollution prevention 5
Slide 6: Eligible Customers
Eligible Customers ► All business customers are eligible with the exception of: ►Public Schools ►Local and State Government ►Gambling Establishments ►Aquariums ►Zoos ►Golf Courses ►Swimming Pools 6
Slide 7: Other Special Requirements
Other Special Requirements ► Each business is eligible for one lighting rebate application and one heating application ► Each business is eligible for up to a total of $15,000 in rebates across all technologies 7
Slide 8: Definition of "Business"
Definition of “Business” ► Grocery Stores, Convenient Stores, Gas Stations, Restaurants, Industrial Plants, and Private School Campus many times have multiple locations or multiple buildings on 1 property. ► The above list is considered 1 business customer. They can only get 1 rebate per technology.
Slide 9: No Davis-Bacon Requirements
No Davis-Bacon Requirements ► From the ND Department of Commerce: “Upon further review of the Davis Bacon requirements, the SF 1413 form is not needed for the Utility Rebate Program. ” 9
Slide 10: Types of Business Programs
Types of Business Programs ►Prescriptive / Fixed Rebates ►Heating Efficiency ► Furnace Rebates ► Boiler Rebates ►Lighting Efficiency 10
Slide 11: Commercial Heating Efficiency
Commercial Heating Efficiency ► Must be a Xcel Energy business natural gas customers in North Dakota (Fargo and Grand Forks areas) ► New equipment only ► New heating systems only (no tune-up or add-on rebates) ► Space heating and process heating systems are eligible 11
Slide 12: Commercial Heating Rebates
Commercial Heating Rebates Equipment Minimum Rebate Efficiency Hot-water boiler 85% $800/million BTUH Hot-water boiler 92% $2,500 per million BTUH Steam boiler 81% $500 / million BTUH (low or high pressure) New furnace 90% AFUE $200 New furnace 95% AFUE $400 Total rebate cap = $15,000 per business f
Slide 13: Boiler & Furnace Efficiency Ratings
Boiler & Furnace Efficiency Ratings ► Efficiency is full-load COMBUSTION efficiency under AHRI/IBR testing conditions ► Database of equipment at www.ahridirectory.org ► Look in the commercial category ►Some smaller units might be in residential category. This is okay as long as the efficiency qualif
Slide 14: Commercial Heating Information
Commercial Heating Information ► For customers ► www.xcelenergy.com/rebates ► Look under Heating Efficiency ► Includes application forms, program brochure, remaining rebate funds, federal guidelines and more ► For trade partners ► www.xcelenergy.com/tradepartners ► Look under heating efficiency in t
Slide 15: Lighting Efficiency
Lighting Efficiency ► Customer must be an Xcel Energy business electric customer in North Dakota (Fargo, Grand Forks, and Minot areas) ► Retrofit rebates for existing facilities of any size ► One-to-one equipment change outs ► Helps offset the cost of replacing current lighting with more- efficient
Slide 16: Lighting Efficiency - Qualifying Equipment
Lighting Efficiency - Qualifying Equipment ► T8 Fixtures ► T8 Low-watt Lamps ► T5 Fixtures ► Lighting Optimization ► High-bay Fluorescent Fixtures (must replace HID lighting) ► CFLs (pin-based only) ► Parking Garage Fluorescent Fixtures ► LED/LEC Exit Signs Please see application for full details on
Slide 17: All 4' T8 Ballasts Must be High Efficiency
All 4’ T8 Ballasts Must be High Efficiency ► Need to confirm all T8 ballasts are high efficiency ►Confirm it’s on the CEE High Efficiency List ► http://www.cee1.org/com/com-lt/com-lt-main.php3 ►Or meets requirements listed on application ►Model number must be listed on the invoice ►Supporting docume
Slide 18: High Efficiency Ballasts
High Efficiency Ballasts Instant Start Ballast BEF Programmed Start Ballast BEF Low Normal Low Normal High High Lamps (0.85≤BF Lamps (0.85≤BF (BF≤0.85) (BF≥1.01) (BF≤0.85) (BF≥1.01) ≥1.0) ≥1.0) 1 3.08 3.11 N/A 1 2.84 2.84 N/A 2 1.60 1.58 1.55 2 1.48 1.47 N/A 3 1.04 1.05 1.04 3 0.97 1.00 N/A 4 0.79 0
Slide 19: Lighting Optimization
Lighting Optimization ► T12 or T8 to T8 retrofit ► Permanent removal of at least one 4’ lamp within a fixture ► Reducing the number of fixtures does not qualify ► Existing ballast and socket for eliminated lamp(s) must be removed ► New lamp-quantity appropriate high efficiency electronic ballast mus
Slide 20: Lighting Efficiency Information
Lighting Efficiency Information ► For customers ► www.xcelenergy.com/rebates ► Look under Lighting Efficiency ► Includes application forms, program brochure, remaining rebate funds, federal guidelines and more ► For trade partners ► www.xcelenergy.com/tradepartners ► Look under Lighting Efficiency i
Slide 21: Residential Rebate Programs
Residential Rebate Programs ► Additional incentives for existing ND programs ►Heating (furnaces, boilers) ►Water Heaters ►Ground Source Heat Pumps ►Insulation – Wall and Attic ► Contact for all residential incentive questions: Greg Olson 612-330-6158 direct office line gregory.w.olson@xcelenergy.com
Slide 22: Questions?
Questions? 22