This training informs attendees about an innovative way to integrate energy conservation measures (ECM) with “indeterminate” savings into ESPCs and UESCs (i.e., ones whose savings aren’t clear from a typical performance contract’s (PC) investment-grade audit, or whose savings are likely to vary from year to year.) Examples of these ECMs are whole-building re-/retro-commissioning (RCx), participation in demand response programs, and behavioral initiatives like ISO 50001. An innovative way to capture these savings is by using reserve accounts, and there are a couple of ways to approach it. The simplest way involves the energy service company or utility under-valuing the annual savings guarantee or estimate. Any excesses revealed by annual measurement and verification could be devoted to the reserve account.
Kurmit Rockwell, PE, CEM, LEED AP, U.S. Department of Energy Federal Energy Management Program Read Bio
Kurmit serves as ESPC program manager where he oversees services, tools, and resources needed to assist agencies with implementing successful ESPC projects. Over a career spanning more than 25 years, Kurmit's work included all aspects of ESPC project development, implementation, and performance for federal, state, and local governments. His other work in the public and private sector energy services industry has focused on evaluation and implementation of energy and water cost saving technologies, smart building energy optimization services, renewable energy systems, and demand side management. He holds a bachelor's degree in Chemical Engineering from New York University Tandon School of Engineering (formerly Polytechnic University) and a master's degree in Building Systems Engineering from the University of Colorado. He is a registered professional engineer in multiple states, a Certified Energy Manger, and is a LEED Accredited Professional.
Phil Coleman, MS, CEM, CMVP, Lawrence Berkeley National Laboratory Read Bio
Phil Coleman has worked at Lawrence Berkeley National Laboratory (LBNL) since 1996. He is a technical advisor to the Federal Energy Management Program’s (FEMP) ESPC program, focusing particularly on utility rates and measurement and verification of savings. Phil also spearheads an initiative to educate federal facilities on efficiency and renewable project incentives, demand response, utilities procurement, and “rate-responsive building operation.” Internationally, he has advised governments in Mexico, India, Chile, and Jordan on developing public sector energy conservation programs. Phil received his bachelor’s degree from Earlham College (1986) and his master of science in energy management and policy from the University of Pennsylvania (1994). He also holds the Association of Energy Engineers’ Certified Energy Manager (CEM) and Certified Measurement and Verification Professional (CMVP) designations.
Upon completion of this course, attendees will be able to:
- Recognize examples of indeterminate savings ECMs and understand why they rarely appear in PCs despite typically having short simple payback periods.
- Identify the advocated contractual techniques to incorporate these ECMs in PCs and the key issues to raise with agency legal and contracting colleagues.
- Identify the generally accepted rules around the use of reserve accounts.