Date, if desired – enter as 4.9.11On-Bill Financing Program

Clean Energy Ambassadors WebinarAugust 16th, 2011

On-Bill Financing Program Outline

Who We Are How Our Program is Funded Program Implementation

Planning Terms & Conditions of Loans

Pros & Cons of Program Fears & Concerns Jobs Created Energy Savings

Case Study Municipal – Thomasville Utilities

Who is ECG

ECG provides essential, strategic and technical services to communities that own their own distribution system.

ECG also identifies the common needs of communities and assists in the development of successful cities with economic prosperity and opportunity.

Who is ECG (con’t)

List of Services offered by ECG

• Pricing & Sales Support• Energy Services• Distribution

Engineering• Major & National

Accounts• Legislative &

Regulatory• Joint Purchasing• Pole Attachment

Service

• Economic & Community Development

• Education and Development

• Community Solutions Group

• Joint Contracting• Meter Testing• FR Clothing

Please visit www.ecoga.org for a complete list of our services.

How Our Program is Funded

• ARRA (American Recovery and Reinvestment Act) of 2009; through GEFA (Georgia Environmental Finance Authority

• ECG was awarded a $700,000 grant for the On-Bill Finance Program (EECBG – Energy Efficiency Conservation Block Grant)

• Revolving loan fund maintained by ECG

Program Implementation

Planning Stages:

• Gauged interest level of Participants

• Held and moderated three meetings in person, through interactive webinars and video conference meetings

• Created a program/tag line for Promotion and Marketing

Program Implementation (con’t)

Planning Stages:

• Created Application Templates

• Created Guidelines & Procedures for submitting applications

• Created Marketing Tools for Municipals• Bill stuffers, press releases

Program Name / Tag Line

Terms & Conditions of Loans

Residential Customers Only 12 Month History w/Utility Current with no more than 1 late over 12 months

Maximum $5,000 Loan Payable over 36 to 60 Months NO Interest on Loan Municipal may charge small admin fee/month

Terms & Conditions of Loans (con’t)

Projects and/or items funded may include:

Purchase & Installation of Energy Star appliances Refrigerators, Dishwashers, Freezers, Washing

Machines, etc.

Purchase & Installation of Energy Star qualified central heating and air conditioning

Purchase & Installation of home weatherization products Insulation, air sealing, duct sealing, etc.

Pros & Cons of Program

Fears & Concerns of Municipals

Is loan attached to customer or home/account/address What happens when customer sells home with

outstanding balance due? Lien on home Account must be settled at closing Account may be transferred to new owner

– As they are receiving the benefit of energy savings/new retrofits as new owner

Pros & Cons of Program (con’t)

Job Creation Providing work & business for approved, local

contractors and business owners

Energy Savings Reduce monthly bills to residential customers

‘Feel good’ factor from Utility/Municipal to Customer Base Being GREEN Providing Customer Service

Case Study

City of Thomasville, Georgia / Thomasville Utilities Began marketing for program in December 2010 Submitted first application in December 2010 Allocated $382,500 of the $700,000 to spend Went through allocation by early June 2011 In July 2011, ECG opened up remaining funds

Thomasville has spent $597,000 to date In excess of 150 applicants / loans Average loan is $5000

Comments or Questions?

Holly BisigAnalyst – Pricing & Sales Support

Electric Cities of GeorgiaE: hbisig@ecoga.orgO: (770) 661-2889

www.ecoga.org