On October 1st, the Energy Alliance and the U.S. Department of Energy co-hosted the Clean Energy Finance Roundtable.
A diverse set of over 130 local professionals heard from national and local experts about the current state of clean energy finance and the benefits it can provide to our region. The event helped to energize participants and laid the foundation for what we hope will be a series of discussions surrounding clean energy financing.
Here’s some images we captured of the event and all the great participants.
National experts from DOE and other organizations will come together to highlight best practice approaches to help advance clean energy financing in the region and local market. The event will focus on residential and commercial energy efficiency and renewable energy markets. Topics will include unsecured residential lending, PACE Financing, solar tax equity, and more.
The event presents a great opportunity for banks, energy professionals, public finance advisors, contractors, elected leaders at all levels of government, economic development professionals, and others to learn more about clean energy financing.
We hope you can join us!
Wednesday, October 1, 2014
Champions Club, Great American Ballpark
100 Joe Nuxhall Way
Cincinnati, OH 45202
Please contact the Energy Alliance at 513-621-4232 or Michelle Wyman, DOE Intergovernmental Affairs Director, at 202-287-5980 with any questions about the event.
8:30-9:00am – Check-in and Registration
9:00-9:30am – Welcome and Opening Remarks
City of Cincinnati Vice Mayor David Mann will welcome us to Cincinnati. DOE and Energy Alliance staff will brief us on the day’s sessions.
9:30-10:30 – The Evolution of Residential Energy Efficiency Lending
Market leaders from AFC First and Renewable Funding will lead us in a discussion around how new asset classes for residential unsecured lending have recently been developed and where opportunities exist for additional public and private investment. Representatives from the Kentucky Home Performance program and the Energy Alliance will talk about how this region has embraced this model and efforts underway to grow the market.
10:30-10:45 – Break
10:45-12:00 – Property Assessed Clean Energy (PACE) Financing
National thought leaders David Gabrielson and George Caraghiaur from PACENow and Vic Rojas Environmental Defense Fund will discuss the hundreds of millions of dollars that has entered the PACE market across the country and how some of the most advanced markets are seeing significant private sector growth. A leader from the Environmental Defense Fund will discuss the Investor Confidence Project will also be discussed, which has developed a framework of underwriting standards to be used to enable private market investors to see consistency in the structure of deals across different PACE programs throughout the 31 states that have advanced the effort. Lastly, we’ll discuss the building momentum behind the GC-PACE program locally and complimentary efforts to advance PACE throughout Ohio, Kentucky, and Indiana.
12:00-1:30 – Lunch and Keynote Address
Enjoy your complimentary box lunch while John MacWilliams, U.S. Department of Energy Senior Advisor to the Secretary on Finance, shares perspective on the significant developments in clean energy finance across the country.
1:30-2:30 – Green Banks and Public/Private Partnerships to Scale Clean Energy Finance
Jeffrey Schub, VP of Coalition for Green Capital, and Jason Rittenberg, Director of Research and Advisory Services at the Council of Development Finance Agencies, will discuss successful public/private models for increasing access to capital in clean energy finance, and how many states and regions are moving toward long-term sustainable solutions through the development of Green Banks.
2:30-3:30 – Speed Round: “I had no idea our region has so much going on!”
Hear from 20 local professionals for less than 5 minutes each that have recently completed successful projects that advance clean energy finance, and/or are involved in new initiatives to move us forward. You’ll leave this session with an enhanced appreciation for all we have going on, and new ways to get involved to continue the advancement.
3:30-4:00 – Wrap-up
Concluding thoughts and how we carry forward the growth of the clean energy finance market in Greater Cincinnati.
4:00-5:30 – Networking Reception
Stick around the Champions Club to follow-up with colleagues on how to advance our collective effort, and enjoy the cash bar and all the stadium has to offer.
Here’s Mike Robinson, Building Analyst and our Quality Assurance Manager talking with homeowners and spreading the message:
Up to $750 in incentive money from the City of Cincinnati for residents making energy efficiency improvements! Pair that with up to $500 from the Duke Energy Smart Saver program, and you have a sizable incentive to further increase your comfort at home and reduce spending on utility bills.
If you’ve had an assessment previously with our Home Performance with ENERGY STAR Program, we will conduct a free home visit to reassess your report, and develop a new proposal.
This limited time offer ends on September 30, 2014!
How do we make solar energy and energy efficiency accessible for Greater Cincinnati residents and businesses?
To answer that question, the Energy Alliance recently convened a group of city leaders, energy professionals, and financing experts, to hear from Jeff Schub, VP at the Coalition for Green Capital (a successful national energy financing nonprofit). Mr. Schub spoke about opportunities to bring energy financing into the Greater Cincinnati market to support energy efficiency and renewable energy projects.
Affordable financing for an investment that gives homeowners and businesses a substantial energy savings and financial return is a win-win for our region.
Here’s Energy Alliance participating contractor Insulating Sales working on a recent energy efficiency improvement.
Top picture: The first contractor we’ve seen on stilts!
Middle picture: Installation of spray foam on the band joists in the basement to significantly increase comfort by stopping drafts. Sealing air leaks is a home improvement that will have immediate and significant payback.
Bottom picture: Dirty insulation, the tell-tale sign of air leaks.
A little bit of knowledge and maintenance can help keep you cool when the heat is dangerous and help protect your wallet from unexpected expenses.
Here’s an all-inclusive look at Home Cooling from the Department of Energy in their continuing series: Energy Saver 101.
For more information, visit the Department of Energy’s original blog post for this infographic.
What do you see in this satellite image of Cincinnati’s Over the Rhine neighborhood?
Chris Meyer, our Operations Director, points out that there are ‘black roofs’ everywhere.
Dark surfaces on roads and roofs in cities absorb heat and can affect regional energy use and health. Applying a white or reflective coating to the roof of a building or house costs very little and substantially reduces the heat island effect for downtown Cincinnati.
Here’s a data-rich infographic from whiteroofproject.org that explores the impact of the difference between white and black roofs.