Veregy LLC Energy Savings Project Presentation

Town of Fountain Hills — Town Council (2026-06-16)

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Veregy, LLC. is not a legal, tax, investment, or financial advisor, nor does Veregy directly finance any projects. Veregy, LLC’s content is for informational purposes only; any content readers should not construe any such information or 
other material as legal, tax, investment, or financial advice. Regardless of anything to the contrary, nothing available on or through Veregy LLCs business practices should be understood as a recommendation that an individual or 
organization should not consult with a legal, tax, investment, or financial professional to address their particular circumstances. 
TOWN OF FOUNTAIN HILLS
ENERGY SAVINGS PROJECT
V E R E G Y:  S I M P L I F Y I N G  A N D  A C C E L E R AT I N G  Y O U R  E N E R G Y T R A N S I T I O N
J u n e  1 6 , 2 0 2 6

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VEREGY: Overview
Veregy, LLC. is not a legal, tax, investment, or financial advisor, nor does Veregy directly finance any projects. Veregy, LLC’s content is for informational purposes only; any content readers should not construe any such information or 
other material as legal, tax, investment, or financial advice. Regardless of anything to the contrary, nothing available on or through Veregy LLCs business practices should be understood as a recommendation that an individual or 
organization should not consult with a legal, tax, investment, or financial professional to address their particular circumstances. 
Agenda
Why this Project
Why Veregy
Why Now
Questions 
1
2
3
4

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VEREGY: Overview
Veregy, LLC. is not a legal, tax, investment, or financial advisor, nor does Veregy directly finance any projects. Veregy, LLC’s content is for informational purposes only; any content readers should not construe any such information or 
other material as legal, tax, investment, or financial advice. Regardless of anything to the contrary, nothing available on or through Veregy LLCs business practices should be understood as a recommendation that an individual or 
organization should not consult with a legal, tax, investment, or financial professional to address their particular circumstances. 
The Problem: Escalating Energy Costs
Without action, Fountain Hills energy spend nearly doubles by 2040
0
50000
100000
150000
200000
250000
300000
350000
400000
450000
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
$193K
FY2025 combined spend
(3 sites)
+4.5%
Average annual
SRP rate increase
$370K+
Projected 2040
without solar

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VEREGY: Overview
Veregy, LLC. is not a legal, tax, investment, or financial advisor, nor does Veregy directly finance any projects. Veregy, LLC’s content is for informational purposes only; any content readers should not construe any such information or 
other material as legal, tax, investment, or financial advice. Regardless of anything to the contrary, nothing available on or through Veregy LLCs business practices should be understood as a recommendation that an individual or 
organization should not consult with a legal, tax, investment, or financial professional to address their particular circumstances. 
Why this Project
•
Reduce and stabilize utility cost, improve budget 
predictability, and leverage federal tax incentives 
•
This is fundamentally a budget and infrastructure 
item, not just a solar item
•
Provide covered parking for Fountain Hills 
residents and visitors at Town Hall, Community 
Center, and Public Library
•
Council’s action tonight is about advancing a project 
that lowers long-term operating costs while using 
currently available federal incentives

Page 5
VEREGY: Overview
Veregy, LLC. is not a legal, tax, investment, or financial advisor, nor does Veregy directly finance any projects. Veregy, LLC’s content is for informational purposes only; any content readers should not construe any such information or 
other material as legal, tax, investment, or financial advice. Regardless of anything to the contrary, nothing available on or through Veregy LLCs business practices should be understood as a recommendation that an individual or 
organization should not consult with a legal, tax, investment, or financial professional to address their particular circumstances. 
Path to Savings
Feb 
2026
May 
2026
June 
2026 – 
April 
2027
April 
2026
June 16 
2026
April 
2027-
Aug.
2027 
Preliminary 
Energy 
Assessment 
(PEA)
Investment 
Grade Audit 
(IGA)
Project 
Selection & 
Contract
Town 
Approval
Project 
Design
Tentative 
Construction
Performance 
Optimization 
& Savings 
On-
going

Page 6
VEREGY: Overview
Veregy, LLC. is not a legal, tax, investment, or financial advisor, nor does Veregy directly finance any projects. Veregy, LLC’s content is for informational purposes only; any content readers should not construe any such information or 
other material as legal, tax, investment, or financial advice. Regardless of anything to the contrary, nothing available on or through Veregy LLCs business practices should be understood as a recommendation that an individual or 
organization should not consult with a legal, tax, investment, or financial professional to address their particular circumstances. 
Project Overview
597 kW
DC system size
Town Hall 198 kW
Comm. Center 399 kW
128
covered spaces
Town Hall, Community
Center & Library
~64%
energy offset
self-generated on-site
vs. total consumption
$956K
ITC direct pay
federal incentive
applied Year 3
$ 5,263,296
Lifetime Savings

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VEREGY: Overview
Veregy, LLC. is not a legal, tax, investment, or financial advisor, nor does Veregy directly finance any projects. Veregy, LLC’s content is for informational purposes only; any content readers should not construe any such information or 
other material as legal, tax, investment, or financial advice. Regardless of anything to the contrary, nothing available on or through Veregy LLCs business practices should be understood as a recommendation that an individual or 
organization should not consult with a legal, tax, investment, or financial professional to address their particular circumstances.

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SIMPLIFYING AND ACCELERATING YOUR ENERGY TRANSITION
Energy Savings
Project
Financial
Solar Project
$ 2,390,900
Potential ITC
$956,384
Electric Utility Savings
$81,989 – $246,768
Lifetime Savings 35 years
$ 5,263,296
ROI
15 Years
Veregy, LLC. is not a legal, tax, investment, or financial advisor, nor does Veregy directly finance any projects. Veregy, LLC’s website content is for informational purposes only; website visitors should not construe any such information or other material as legal, tax, 
investment, or financial advice. Regardless of anything to the contrary, nothing available on or through Veregy LLCs business practices should be understood as a recommendation that an individual or organization should not consult with a legal, tax, investment, or 
financial professional to address their particular circumstances.

Page 9
VEREGY: Overview
Veregy, LLC. is not a legal, tax, investment, or financial advisor, nor does Veregy directly finance any projects. Veregy, LLC’s content is for informational purposes only; any content readers should not construe any such information or 
other material as legal, tax, investment, or financial advice. Regardless of anything to the contrary, nothing available on or through Veregy LLCs business practices should be understood as a recommendation that an individual or 
organization should not consult with a legal, tax, investment, or financial professional to address their particular circumstances. 
We are an Arizona Company!
#1
#1
$450
500+
34
273
90%
Arizona Home Grown – Founded Here!
Largest Energy Company in Arizona
Million in Energy Savings Achieved
Individual Public Building Projects
Year History in Arizona
In-house Professionals with Engineering, 
Mechanical, Electrical, Plumbing, Controls 
and Solar Expertise.
Work Done In-House.  We Turn the wrench!
 
Why Veregy

Page 10
VEREGY: Overview
Veregy, LLC. is not a legal, tax, investment, or financial advisor, nor does Veregy directly finance any projects. Veregy, LLC’s content is for informational purposes only; any content readers should not construe any such information or 
other material as legal, tax, investment, or financial advice. Regardless of anything to the contrary, nothing available on or through Veregy LLCs business practices should be understood as a recommendation that an individual or 
organization should not consult with a legal, tax, investment, or financial professional to address their particular circumstances. 
Veregy Experience
Town of Fountain Hills:
•
Golden Eagle Park
•
Desert Vista Skate Park and Mini-Pitch
•
Service Agreement (2022-current)
•
2022 Parks and Recreation Social Event Co-
Sponsor at Desert Vista Park
Municipal last 5 years in AZ
•
City of Coolidge
•
City of Casa Grande
•
City of Eloy
•
City of Phoenix
•
Pima County
•
Arizona Department of Emergency Affairs

Page 11
VEREGY: Overview
Veregy, LLC. is not a legal, tax, investment, or financial advisor, nor does Veregy directly finance any projects. Veregy, LLC’s content is for informational purposes only; any content readers should not construe any such information or 
other material as legal, tax, investment, or financial advice. Regardless of anything to the contrary, nothing available on or through Veregy LLCs business practices should be understood as a recommendation that an individual or 
organization should not consult with a legal, tax, investment, or financial professional to address their particular circumstances. 
What is Performance Based Contracting?
Design-build general contractor combined with a diagnostic/engineering front end and a 
guaranteed-savings back end.
•
Comprehensive energy solutions 
•
Focus on improving energy efficiency and reducing energy costs
•
Energy Audits, Retrofits, Renewable energy solutions
•
Guaranteed Energy Savings!
2024 Arizona Revised Statutes
Title 34 - Public Buildings and Improvements
§ 34-455 - Performance contracting

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SIMPLIFYING AND ACCELERATING YOUR ENERGY TRANSITION
Why Now - Investment Tax Credit
Safe Harbor Rules:
•
Contract Signed 
by July 4,2026
•
FEOC Compliant
(Made in America)
•
Materials on-site 
by July 4, 2026
•
Project must 
incur 5% cost by 
July 4, 2026

Questions