A Smart Approach to Making Energy Efficient Upgrades As energy costs rise and buildings age, the need to modernize inefficient systems grows. Energy retrofits can pay for themselves, but capital constraints or competing business priorities often put them out of reach. Renew Energy Partners offers building owners an alternative solution to fund their energy efficient improvements. Renew Energy Partners offers energy efficiency project development and financing solutions to commercial, industrial and non-profit enterprises who want to modernize inefficient buildings, reduce energy bills, and improve conditions for tenants and employees by: • Replacing outdated systems, such as boilers, lighting, HVAC systems, and uninsulated building shells, with energy efficient systems • Installing clean energy generation systems, such as solar or CHP (combined heat and power) A Solution that Meets Your Needs Our third-party financing solution enables building owners to make improvements without the need for upfront capital, and potentially without adding debt to the balance sheet. Through an efficiency services agreement (ESA) or a propertyassessed clean energy (PACE) agreement, Renew Energy Partners will manage and fund 100% of the assessment, design, equipment, and installation costs, as well as ongoing maintenance. In turn, owners pay Renew Energy Partners for the savings achieved in energy and operating costs. A Closer Look at Our Model A new, energy efficient boiler and other improvements for a multi-use building could reduce energy costs by 50%. Rather than spend $240,000 upfront, the building owner enters into an agreement to have Renew Energy Partners finance the new system. The owner pays Renew Energy Partners a service charge for the energy saved over the duration of the agreement. When the term expires, the owner has the option to purchase the equipment at fair market value or renew the ESA. Contact Renew Energy Partners to learn more about our smart approach for making energy efficient replacements and upgrades. © 2011 Lochridge Group. All Rights Reserved. Renew Energy Partners is an energy efficiency solutions provider serving the retrofit market for commercial and industrial buildings. Through its full service, integrated funding/execution approach, Renew Energy Partners helps building owners overcome the roadblocks to replacing outdated systems with energy efficient systems and installing clean energy generation systems. The management team’s expertise in energy efficiency programs, project management and implementation, and finance are combined with the expertise of its network of best-in-class energy service partners. Sample 7 Year ESA Contract $160,000 Prior Energy Cost $110,000 $60,000 $10,000 $(40,000) Yr 1 Yr 3 Yr 5 Yr 7 Yr 8 ESA Service Charge New Energy Cost Renew Energy Partners, LLC 192 South Street, Suite 50 Boston, MA 02111 888.938.6256 www.renewep.com
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