Economic and Financial Justification of Energy Efficiency Investments
Agenda
Registration: 8:00 – 8:30 am
Morning Session: 8:30 am – 12:00 pm
Lunch (On your own): 12:00 – 1:00 pm
Afternoon Session: 1:00 – 4:30 pm
Objectives
Understand the business role of energy use
Understand the tools for investment analysis
Create strategies for justifying energy-related investments
Align an energy agenda with business and career goals
Reality Check: The Nature and Magnitude of Energy Value
Energy use and loss: empirical evidence
Convincing reasons for energy management
Perceptions of Energy and Money
Facility Management V1.0: the old paradigm
Set the stage: what is or is not understood about energy
Facility Management V2.0: new opportunities, new goals
Understanding the Investment Power of Energy Choices
Investment benchmark: company financials
Review of basic investment metrics
Perceiving cost, value, opportunity
Sample project: demonstrating fundamental results
Rethinking the Use of “Payback”
The pros and cons of payback
Linking payback (years) with rate of return (percentage)
How and when to use payback
Monetizing Energy Risk
New vision for investment outcomes
Energy at-risk: an inescapable choice
Annualized costs and choices
Sample project: monetized results
Multiple Benefits
What are they, how can you use them?
Demonstrating multiple benefits
Connections between energy and core business needs
Business Plans, Parallel Agendas
Capital investment guidelines
Energy audits: the right way, the wrong way
Project Finance: Alternative Formats
Energy performance contracting: EPCs, ESAs, MESAs, outsourcing
PACE, utility on-bill financing
Power purchase agreements
Parallel Opportunities and Trends to Watch
Tax-related value, including cost segregation
Power and utility industry evolution
Distributed and renewable energy
Clean Power Plan and other market-driving policies
Credits
Facility Managers
Non-Mandatory Cont. Ed.
Professional Engineers
6.5 PDHs (MD Category A)
Accountants
8.0 CPE Hours
Continuing Education Credit Information
This seminar is open to the public and offers 6.5 PDHs to professional engineers in most states. HalfMoon Education is an approved continuing education provider for Maryland engineers, and this is a Category A event.
This program offers accountants 8.0 intermediate level CPE hours in the area of specialized knowledge and applications. No advance preparation is needed.
HalfMoon Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org. Sponsor No. 103015.
This course is designed for facility managers but has not been submitted for review to any certifying entity or association.
Attendance will be monitored, and attendance certificates will be available after the seminar for most individuals who complete the entire event. Attendance certificates not available at the seminar will be mailed to participants within fifteen business days.
Speakers
Christopher Russell
Indiana Department of RevenueChristopher Russell joined the Indiana Department of Revenue (DOR) in January 2017 as special counsel and policy director. Mr. Russell oversees the tax policy team on legislative and guidance initiatives and special legal initiatives designed to further enhance DOR’s commitment to simplification, accuracy and reliability of tax services, and he serves as liaison to the Indiana Office of Management & Budget. Mr. Russell was previously deputy general counsel under then-general counsel Krupp at the Indiana Bureau of Motor Vehicles (BMV). He earned his J.D. degree from the Indiana University Robert H. McKinney School of Law.