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III.2. Hopkins Climate Solutions Fund Update; Larson CITY OF HOPKINS Memorandum To: Honorable Mayor and Council Members Mike Mornson, City Manager From: Mikala Larson, Sustainability Specialist Date: June 17, 2025 Subject: Update on Hopkins Climate Solutions Fund _____________________________________________________________________ PURPOSE Update City Council of the status of the Hopkins Climate Solutions Fund. INFORMATION Background The Hopkins Climate Solutions Fund (HCSF) was established in 2023, driven by inquiries from residents and businesses regarding incentive opportunities for sustainable improvements such as solar, EV infrastructure and energy system improvements, and direction from City Council to develop a green cost share program for sustainable property improvements. Staff worked with local consultant, Local Climate Solutions, to develop an equity-centered program that focuses on providing incentives for items which are likely to have the greatest impact on resiliency. The program takes into consideration existing rebates from utility providers Xcel Energy and CenterPoint Energy, and state and federal incentives. The program structure offers three separate buckets of funding for income-qualified residential, non-income qualified residential, and commercial projects. Projects available for residential applicants include a Home Energy Squad Planner visit, insulation and air sealing, electric panel upgrade, air source heat pump, electrified water heater, solar energy system, and an electric bike. Eligible technologies for commercial projects include LED lighting upgrades, solar energy system, Level 2 electric vehicle charging equipment, or an electric bike. Renters are eligible to apply for the program, but need property owner approval. Commercial properties located in the urban heat island area of concern (along Excelsior Boulevard and Blake Road) have the opportunity to pursue a bonus rebate when they complete an eligible site improvement. 2025 Program The Hopkins Climate Solutions Fund is currently open for its third year. Applications opened January 1 and are open until December 1 or funds are allocated. The program is funded using Franchise Fees, and $125,000 was budgeted for the program in 2025. Over 25% of this year’s program budget has been allocated. Outreach efforts include email blasts, articles in the Hopkins Connections and Highlights, tabling at and hosting community events, and partnering with organizations to do outreach and mailings. Nearly 230 community members have been engaged so Engineering far at community events in 2025. The City will hold a Green Ribbon Cutting ceremony to celebrate 2024 projects on Wednesday, July 23rd. This will be an opportunity to celebrate completed projects, learn about the program, and connect with community members. Hopkins Climate Solutions Fund Program Report as of June 2025: Metric Categories Funding Category June 2025 Applicants NIQR 26 IQR 5 Commercial 2 Total 33 Completed Project NIQR 4 IQR 4 Commercial 0 Total 8 Funds Available NIQR $25,000 IQR $75,000 Commercial $25,000 Total $125,000 Funds Allocated NIQR $21,147.59 IQR $8,800 Commercial $3,995 Total $33,942.59 Project Types Applied For Home Energy Squad Planner Visit 0 Insulation & Air Sealing 2 Induction Range 4 Electric Panel Upgrade 1 Heat Pump Water Heater 0 Heat Pump Dryer 0 Tankless Water Heater 0 ASHP Heating and Cooling System 2 Electric Dryer 4 Solar Energy System 4 Battery Storage 1 EV Charging Equipment 0 Electric Bike 14 LED Lighting 0 Other Technologies 1 Total Projects 33 Tracking Success We track the success of the program in the following ways: - Number of applications received and projects completed - Cost savings reported by participants - Energy savings reported by participants - Participant survey - Completed permits A conservative estimate of $7,500 in savings is reported by applicants across the program so far for 2025 projects. Staff is reviewing opportunities to gain better data on cost and energy savings. While some applicants report their estimated savings, these numbers aren’t consistently reported and there is room for improvement. Staff is currently working with partner cities and organizations to establish a more comprehensive way to track cost and energy savings Overall, the program receives extremely positive comments from the community. Businesses and residents consistently share how appreciative and proud of their community they are to have access to a green cost share program. A handful of program participants have commented that they recently moved to Hopkins because the community aligns with their values, including leading on sustainability efforts. New Program Electric bicycles have been the most popular project each year of the program. In consideration of this, City staff applied for a grant opportunity from the State of Minnesota to pilot a separate, dedicated electric bicycle program. The City of Hopkins was awarded a Local Climate Action Implementation grant from the Minnesota Pollution Control Agency for the project Incentivizing Sustainable Transportation Through Electric Bicycle Rebates. Establishing a dedicated program using grant funds will free up Hopkins Climate Solutions Fund budget for home or business electrification and energy efficiency projects, while still offering electric bicycle rebates for which the demand has been demonstrated. In Summary The Hopkins Climate Solutions Fund is a successful program offering incentives for energy efficiency, electrification, renewable energy, and sustainable transportation to community members, including residents and businesses. Program staff receive positive comments regarding the program from community members and peer communities alike, and have presented about the program and its success to both local and national audiences, making the City of Hopkins a leader and a resource for these types of programs. FUTURE ACTION • None