Financial Analysis
Energy efficiency must be affordable to everyone. That includes both the energy audit itself as well as the recommended building upgrades. Delivering energy equity means delivering economic equity.
Full-Service Energy Audits
Gemini helps you realize the savings opportunities generated by our energy audit by:
- Identifying reputable contractors who can complete the work at an agreed upon budget in an agreed upon time frame. This saves you the hassle of wading through unfamiliar territory.
- Connecting you to financing opportunities -- incentives and rebates -- offered by your utility company or state that have little-to-0 interest rates. We even help our clients apply for economic assistance! In essence, we're addressing the Donut Hole Theory Problem...
| transcript_mrea_rise_up_podcast.pdf |
transcript
Essentially, the vast majority of individuals who think about money on a semi-daily or daily basis and asking them to take on a loan so that all of us can benefit from electrification or energy efficiency and a reduction of carbon emissions, is not an attractive thing, it is not a fair thing.
When we think about the donut hole and where inclusive utility investment programs come in, Pay-as-you-Save (PAYS) specifically, it is an opportunity to provide cost effective upgrades with a tariff that is not attached to the individual. Someone living in that location is paying less money getting new equipment and then if they want to move, it does not go with them—it “sticks” to that bill.
Now, suddenly we have this situation where you are offering someone upgrades more comfort, but also a lower energy bill. And you are saying that you do not have to worry about this after you leave this facility.
When we think about the donut hole and where inclusive utility investment programs come in, Pay-as-you-Save (PAYS) specifically, it is an opportunity to provide cost effective upgrades with a tariff that is not attached to the individual. Someone living in that location is paying less money getting new equipment and then if they want to move, it does not go with them—it “sticks” to that bill.
Now, suddenly we have this situation where you are offering someone upgrades more comfort, but also a lower energy bill. And you are saying that you do not have to worry about this after you leave this facility.
transcribed by:
Adrian C. Guzman, Virtual Assistant, Gemini Energy Solutions
want to see more videos?
For more videos, please visit our YouTube channel at: Gemini Energy Solutions - YouTube and do not forget to subscribe. More content coming soon!
How it Works
Project management consists of scheduling the various contractors, tracking the progress of the retrofits, checking to see if the completed work is as expected, and tracking the energy savings for the first year.
Client education means that we make sure you understand the entire process. The better grasp our clients have with the audit and upgrades, the smoother the process is for everyone.
Client education means that we make sure you understand the entire process. The better grasp our clients have with the audit and upgrades, the smoother the process is for everyone.
Inclusive Utility Investment Program
PAYS: Pay as You Save
Energy efficiency upgrades are oftentimes too expensive to implement -- from the audit itself to the actual equipment. Gemini is a proponent of changing from debt-based financing to a new option: Inclusive Utility Investment financing such as the reputable and popular Pay as You Save (PAYS):
Energy efficiency upgrades are oftentimes too expensive to implement -- from the audit itself to the actual equipment. Gemini is a proponent of changing from debt-based financing to a new option: Inclusive Utility Investment financing such as the reputable and popular Pay as You Save (PAYS):
| transcript_how_pays_will_benefit_colorado.pdf |
CLIENT TESTIMONIAL: "Gemini helped [my business] navigate and took care of a PG&E program (PAYS) that allowed us to get new equipment. In fact, they (the utility) paid for it, and now we are repaying them over the course of the next few years through our [low] utility bills."
VIDEO transcript: HOW PAY AS YOU SAVEWILL BENEFIT COLORADO
<Music>
What if your home can be fixed up so that you are cool in the middle of summer, and nice and warm in the dead of winter? And… you have more money every year for things you need.
Your electric utility can make it possible. Here’s how. First, they send a certified contractor to your home to see what energy improvements can be made to lower your electric bill. Then, your utility pays for improvements like replacing old energy guff and equipment, sealing up your home or apartment against the heat and cold, and adding solar panels.
You end up with a more comfy and healthy home. And your electric bill goes down because you are not using as much energy, and even generating your own energy from solar. The utility recovers its cost for the upgrades through a charge on your bill, but the charge is less than the savings, so your bill is still lower.
There are no loans, no credit checks and no debt. And whether you rent or own your home, when you move, the charges and the savings simply apply to the next folks moving in. Easy, right? It is an odd bill payment model called pay as you save or PAYS, and our state lawmakers are considering making a possible for investor-owned utilities in Colorado. PAYS can help a typical Colorado family save $600 per year, and addresses energy injustice by prioritizing low to moderate-income households and renters first.
The PAYS legislation would also add $350 million dollars each year to Colorado’s economy, and it would help move us all toward our climate goals by increasing the use of new technologies that promote clean, renewable energy and energy efficiency.
Call your state representatives today to ask if they are considering PAYS as a way to provide consumers with home energy improvements. Let them know that Pay as you Save is a smart way to save us money, create good jobs for Colorado, and build a sustainable energy system.
For more information, visit coloradopays.org.
<Music fades out>
What if your home can be fixed up so that you are cool in the middle of summer, and nice and warm in the dead of winter? And… you have more money every year for things you need.
Your electric utility can make it possible. Here’s how. First, they send a certified contractor to your home to see what energy improvements can be made to lower your electric bill. Then, your utility pays for improvements like replacing old energy guff and equipment, sealing up your home or apartment against the heat and cold, and adding solar panels.
You end up with a more comfy and healthy home. And your electric bill goes down because you are not using as much energy, and even generating your own energy from solar. The utility recovers its cost for the upgrades through a charge on your bill, but the charge is less than the savings, so your bill is still lower.
There are no loans, no credit checks and no debt. And whether you rent or own your home, when you move, the charges and the savings simply apply to the next folks moving in. Easy, right? It is an odd bill payment model called pay as you save or PAYS, and our state lawmakers are considering making a possible for investor-owned utilities in Colorado. PAYS can help a typical Colorado family save $600 per year, and addresses energy injustice by prioritizing low to moderate-income households and renters first.
The PAYS legislation would also add $350 million dollars each year to Colorado’s economy, and it would help move us all toward our climate goals by increasing the use of new technologies that promote clean, renewable energy and energy efficiency.
Call your state representatives today to ask if they are considering PAYS as a way to provide consumers with home energy improvements. Let them know that Pay as you Save is a smart way to save us money, create good jobs for Colorado, and build a sustainable energy system.
For more information, visit coloradopays.org.
<Music fades out>
transcribed by:
Adrian C. Guzman, Virtual Assistant, Gemini Energy Solutions