Search Results for: "energy savings performance contract"

Energy Savings Performance Contracts Unlock Deep Savings

Energy Savings Performance Contracts (ESPC) are especially attractive to funding-limited governmental bodies because they are financed via savings on energy and water. RMI and the U.S. General Services Administration has conducted a study of these projects and provided best practices. The best practices include setting aggressive long-term goals; engaging and collaborating with diverse stakeholders; establishing a   …Continue Reading

St. Helens Oregon Selects Ameresco for Energy Savings Performance Contract

The City of St. Helens, Oregon, selected Ameresco for an energy savings performance contract (ESPC) to upgrade 915 high-pressure sodium streetlights to LEDs. Ameresco will audit, design and implement the project and assist with securing the financing. Ameresco will also identify other efficiency, utility maintenance and infrastructure improvements. The city’s electric utility, Columbia River PUD,   …Continue Reading

DOE Issues New Energy Savings Performance Contracts Solicitation

The Department of Energy released a request for proposals solicitation for the implementation of energy savings performance contracts (ESPCs) at US federal sites worldwide. The intent is to award indefinite delivery, indefinite quantity (IDIQ) contracts to multiple vendors with a total contract ceiling of $55 billion. DOE is committed to full and open competition with   …Continue Reading

GSA Awards Siemens $37M Energy Savings Performance Contract

The General Services Administration (GSA) recently awarded a $37.2 million task order to Siemens Government Technologies to implement energy efficiency upgrades in its Great Lakes Region (Region 5). Using an Energy Savings Performance Contract (ESPC) from the Department of Energy, the cost of the project will be funded by the energy savings guaranteed by Siemens.   …Continue Reading

GSA Awards $191M in Energy Savings Performance Contracts

The General Services Administration has awarded more than $191 million worth of energy savings performance contracts for nearly 100 buildings as part of its contribution to the Better Buildings Challenge. The GSA says its efforts so far will cut energy use in the facilities by 38 percent. ESPCs allow the government to pay energy service   …Continue Reading

Connecticut Town Signs $10M Energy Savings Performance Contract

Honeywell won a contract to retrofit buildings in the town of Tolland, Conn., and the revitalization project is expected to save the city nearly $600,000 a year in utility and operating expenses, funds that will be used to make energy-efficient upgrades across multiple municipal buildings and four public schools. Tolland will finance a portion of the   …Continue Reading

Housing Authority Signs $5.7m Energy Savings Performance Contract

The Brockton Housing Authority in Brockton, Mass., signed a $5.7 million energy savings performance contract (ESPC) with Ameresco that will provide energy efficiency upgrades to more than 1,200 units in seven developments, and is expected to save the Authority more than $400,000 annually or more than $10.4 million over the 20-year term. With construction expected   …Continue Reading

Army Base Looks to Cut Energy Consumption By Half

The Army’s Joint Systems Manufacturing Center (JSMC) in Lima, Ohio, is the near the bottom of the list of Army bases in terms of energy usage, according to General Dynamics Land Systems, which runs the base, has applied to participate in an upgrade program offered by the U.S. Army Corp of Engineers. The program –   …Continue Reading

2 Michigan Energy Agencies Work with Ameresco on Energy Retrofit of Their Tenant Space

Saginaw Plaza signed a $437,000 energy savings performance contract (ESPC) with Ameresco to upgrade its facility in Lansing, Michigan. The facility is currently leased to the State and houses two governmental agencies: the Michigan Agency for Energy (MAE) and the Michigan Public Service Commission (MPSC). MAE/MPSC worked closely with the property owner, Saginaw Plaza, and   …Continue Reading

Housing Authority Signs $37.4M ESPC with Ameresco

The Housing Authority of the Birmingham District in Alabama and Ameresco announced a $37.4 million energy savings performance contract (ESPC) that is estimated to save over $66 million in the housing authority’s utility and water costs over the next 17 years. Energy and water efficiency improvements will be made at 14 developments encompassing more than   …Continue Reading