energy consumption profile

The Reset Program is optimized for energy-intensive applications in the commercial, industrial, and public property markets.  The financial return of a given project, and ultimately its viability, is determined in large measure by the prevailing cost of electricity in the local market.

The table below groups state energy markets into a three-tiered pricing matrix based on the average commercial rates for electricity, as supplied by investor-owned utilities.

Tier USD Cost / kWh
States
I > $0.11 AK, CA, CT, HI, MA, ME, MI, NH, NJ, NY, OH, RI, VT
II > $0.09 — $0.11 AL, AZ, CO, DE, FL, GA, IN, MD, MT, NM, NV, PA, SC, WA, WI
III > $0.07 — $0.09 AR, IA, IL, KS, KY, LA, MN, MO, MS, NC, ND, OR, SD, TN, TX, UT, VA, WV, WY

Program candidates in a Tier I or Tier II market are more likely to qualify.  Candidates in a Tier III market may improve their eligibility status by electing to participate in the project as a Cost Share Partner.



 

facility / equipment profile

The Reset Program solves a core group of challenges shared by the nation’s airports, hospitals, hotels, food processing plants, military bases, prisons et al institutions:  continuous demand for thermal energy, spiraling support costs that consume ever more resources, aging plant and equipment kept on life-support.

The table below lists many of the appropriate Program candidates by use case and industry vertical.

OWNERSHIP State-owned, public sector, private enterprises; must be able to enter into PPAs
FACILITY TYPE(S)
Airports, casinos, data centers, food processing, hospitals, hotels, laboratories, manufacturing facilities, military bases, refrigerated warehouses, prisons, universities
BUILDING(S) AREA
Greater than 25,000 sq meters / 200,000 sq feet of physically proximate or geographically contiguous space
MECHANICAL EQUIPMENT
Centralized chillers, cooling towers, boilers
AGE OF EQUIPMENT
Greater than 8 years (or fully depreciated); or planned as part of new construction
OPERATING HOURS
24/7
CREDITWORTHINESS Individual PPA-counterparty risk premiums will be determined by lending institutions
ELECTRIC RATE(S)
> USD $0.11 / kWh = little to no cost share; USD $0.09 - $0.1099 = possible cost share; USD $0.0899 and below = requires cost share
GAS RATE(S)
For more information, please speak with a Company representative
ANNUAL ENERGY COSTS
For more information, please speak with a Company representative
ANNUAL HVAC SUPPORT COSTS
For more information, please speak with a Company representative

Hospitals exemplify the ideal candidate in several ways:

  • Operate 24/7/365
  • Consume 3 times BTUs/sq ft as a standard commercial office
  • Require large quantities of heating, cooling, and hot water in addition to steam, process heat, and refrigeration

Appropriate candidates have a minimum of 200,000 square feet of physically proximate or geographically contiguous space.

Finally, the appropriate candidate’s total annual energy spend is at least USD $300,000.