svlg workshop on demand response cindy anderson 650-279 ... · buildingiq background offices in us...

SVLG Workshop on Demand Response Cindy Anderson 650-279-7553

Cindya@BuildingIQ.com Dec 2013

BuildingIQ Background

Offices in US & AUS

Solution reduces HVAC energy costs by up to 25%

Subscription-based SaaS model

Customers: Owner-Occupied Bldgs, REITs, Health Care, Govt, Higher Ed, Utilities, Hospitality, etc.

20 M SF under contract

Complimentary to aggregators, 3rd party visualization & analytics, ESCOs

Works with all major BMS’s

Enables both Energy Efficiency and DR

Market Challenges

Utility:

• DR & EE are separate silos

• DR aims to manage load but is implemented as a communication system

• EE aims to reduce consumption and is implemented as a rebate system

• Challenge proving savings

• Possible customer abandonment

Customer:

• Many barriers to participation

• Capital & labor intensive, custom work to implement

• Prohibitively restrictive access to Energy Efficiency rebates. “Too hard & too risky”

• Low hanging fruit has already been picked

• Challenge proving savings

The Killer App • Combine DR and EE into one system

• Quickly installed and automatically customized while providing transparent results and real time visibility

Combined Cash Flow from EE + DR

50 50 50

0 6.3 6.3

0 0

37.5

0

10

20

30

40

50

60

70

80

90

100

EE EE + DR EE + DR + One Time Incentive

Savings $000

Energy Efficiency DR Utility Incentives

Note: 200K sq ft building in N. CA, $500K/yr for energy.

Auto-DR Payment is for first yr only.

Combining Energy Efficiency + Demand Response provides much higher return than DR alone

mPowered Program Goals

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“NV Energy works with BuildingIQ to engage casinos, schools, hotels, and offices…to make long-lasting, financially sound, and technology-driven changes in large buildings.” Dilek Samil

• Meet state PUC goal of 75 MW shed • Minimize required upfront payments • Maintain & improve “trusted advisor”

relationships with customer • Address special needs of state hospitality sector

•

mPowered Offer Details Program Design

• Integrated Energy Efficiency and Demand Response Program

• Trades energy efficiency investment for demand response event participation

• Dollar value of energy savings is larger than typical “cash for kW” programs

• Establish service provider relationship to engage customer into additional demand response and energy efficiency upgrades

• HVAC optimization for year round energy savings

Technology

• Software-as-a-Service based HVAC Optimization for year round energy savings with demand response event participation

• Software overlay to existing Building Energy Management System

• OpenADR communications via NVE DRMS for DR event management

Current Customer Offer

• Incentive support for “make-ready” upgrades to Building Energy Management System

• Performance-based rebate via shared savings with 5% savings guarantee on annual HVAC energy consumption

• 5 events (minimum) – customer shares 50% of measured energy savings above the first 5% in savings

• 15 events (max) – customer keeps 100% of measured energy savings

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• 527,000 Square Feet • Casino + restaurant + retail +

conference • Delta Controls BMS • Advanced control strategies

already in place; highly efficient

• 12% HVAC energy savings

• 13% HVAC peak load reduction

Case Study - M Resort Spa & Casino

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Standard Operations

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Thank You www.BuildingIQ.com

Cindy Anderson 650-279-7553

cindya@buildingiq.com