I NG. A LEXIS J. M IRANDA R AMIREZ Associate Director

Bill

INDUSTRIA ENERGÉTICA COHERENTE planificación transparencia regulación modernización innovación combustibles infraestructura inversión diversificación interconexión investigación educación capacitación financiamiento conservación y eficiencia autonomía energética servicio eléctrico eficiente transporte

Gov’t Programs & Incentives Green Energy Fund Program Origins Terms Results Scope Agenda

GREEN ENERGY FUND PROGRAM ORIGINS  Stimulated by the State Energy Program and the Weatherization Assistance Program  State Energy Program:  Energy modernization of 89 hotels, industries and commercial buildings, 4,803 traffic lights, and over 4,500 luminaires  Reimbursement of expenses for 115 solar photovoltaic systems in residential and commercial structures.  $1,000 credit for solar water heaters to 257 citizens

GREEN ENERGY FUND PROGRAM ORIGINS  Weatherization Assistance Program:  Documented 30% reduction in household energy consumption  Average cost of energy conservation measures per home was $4,  A total of 15,437 homes weatherized

GREEN ENERGY FUND PROGRAM GEF PROGRAM TERMSGEF PROGRAM TERMS  Created to stimulate the development of green energy projects  Targets residential, commercial, and public sectors  Current eligible Green Energy Technologies  Solar Photovoltaic (PV)  Wind

GREEN ENERGY FUND PROGRAM GEF PROGRAM TERMSGEF PROGRAM TERMS Divided in two Tiers  Tier 1  Residential and Commercial  System capacity: 100 kW or less  Tier 2  Commercial and Government  System capacity: 101kW up to 1 MW

GREEN ENERGY FUND PROGRAM GEF PROGRAM TERMSGEF PROGRAM TERMS  $290 millions from 2011 to 2020  $20 millions for Fiscal Year  $20 millions for Fiscal Year  $8,000,000 for Tier 1  $11,000,000 for Tier 2

GREEN ENERGY FUND PROGRAM Tier 1 – FY Tier 1 – FY  Divided into two (2) cycles per fiscal year Eligible Technology System CapacityIncentive %Reference Cost Solar (PV) Less than or equal to 15 kW 40%$5.5/W Greater than 15 kW, up to 100 kW 40%$5.0/W Wind Less than or equal to 15 kW 40%$5.5/W Greater than 15 kW, up to 100 kW 40% $5.0/W

GREEN ENERGY FUND PROGRAM Tier 2 – FY Tier 2 – FY  Divided into four(4) quarters per fiscal year Eligible Technology System CapacityIncentive %Reference Cost Solar (PV) Greater than 100 kW, up to and including 1 MW 50% $6.0/W Wind Greater than 100 kW, up to and including 1 MW 50% $6.0/W

GREEN ENERGY FUND PROGRAM Tier 1 - FY ResultsTier 1 - FY Results  101 Applications - $8,000,000  33 Commercial Applications  68 Residential Applications  Average capacity of systems to be installed – 25 kW

GREEN ENERGY FUND PROGRAM Tier 2 - FY ResultsTier 2 - FY Results  76 Applications - $11,000,000  19 Commercial Awards  2 Government Award  Average capacity of systems to be installed – 309 kW

GREEN ENERGY FUND PROGRAM Tier 1 - FY ResultsTier 1 - FY Results  343 Applications - $8,000,000  77 Commercial Applications  266 Residential Applications  Average capacity of systems to be installed – 17 kW

GREEN ENERGY FUND PROGRAM Tier 2 - FY ResultsTier 2 - FY Results  34 Applications - $8,500,000  19 Commercial Awards  Average capacity of systems to be installed – 271 kW 4 th quarter will be held on April

GREEN ENERGY FUND PROGRAM Sectors and Industries that applied for fundsSectors and Industries that applied for funds  Residential  Hospitality  Education  Commercial  Non-profit  Agriculture

GREEN ENERGY FUND PROGRAM Certifications  Installers  Work  Equipment*

1. Ser Perito Electricista o Ingeniero Electricista 2.Los Peritos deben estar colegidos con el colegio de Peritos Electricistas y los Ingenieros con el Colegio de Ingenieros y Agrimensores de P.R. (Entregar evidencia de colegiación) 3.Presentar copia certificada de haber tomado y aprobado un curso que cumpla con los siguientes requisitos: El curso tiene que ser de un mínimo de 30 horas. 4. Cumplimentar la Solicitud: Application for Photovoltaic System Installer Certificate Requisitos de Certificación para instaladores de fotovoltaico

CONTACTS José Maeso Executive Director (787) WAP Training Center 209 Manuel Camuñas St. Tres Monjitas Industrial Park, Hato Rey GREEN ENERGY FUND PROGRAM

Gov’t Programs & Incentives Act 19 of January 17, 2012 Purpose Benefits ECM’s Agenda

Act Act #19 of 2012 Energy Savings Performance Contracts (ESPCs) Act Authorizes government units to use ESPCs as a mechanism to implement large capital-investment projects that aim at energy and water conservation. Energy Service Companies (ESCOs) develop, install, and seek funding for energy efficiency projects. They recover their investment with the money saved by the energy conservation measures implemented. What is an ESPC?

Act Benefits: Guarantees the reduction of energy consumption. Fiscal relief in relation to government energy consumption. Allows allocating public funds for the attention of other necessities. Access to specialized energy efficiency companies Provides the financing and the effective execution of energy efficiency and water conservation measures. Benefits of ESPC’s

Act Replacement or modification of lighting systems Insulation of the structures or systems Automatic energy control systems Modification or replacement of air conditioning systems Modification or replacement of ventilation systems Installation of renewable or alternative energy systems Energy Conservation Measures

Act Jose Ruiz