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

Newton County GA Tabs ABM Building Solutions for Upgrades

Newton County, GA, has signed two contracts with ABM Building Solutions for upgrades to the Newtown County Detention Center and other county facilities, according to the Newton Citizen. The contracts are worth $14.4 million. They guarantee about $7.3 million for the jail and $7.09 million for other facilities in need of repair. The contracts require   …Continue Reading

Mayport Naval Base Getting Energy, Water Upgrade

The Mayport Naval Station in Jacksonville, FL, will save about $600,000 annually through a water and energy efficiency program, according to The Naval Facilities Engineering Command Southeast awarded a $12.8 million contract last week to TECO Inc., which is based in Tampa. The project, which is slated to be done by November, 2017, will   …Continue Reading

Ameresco to Upgrade Federal Prison in Butner, NC

Ameresco announced this week that it has entered into an Energy Savings Performance Contract (ESPC) with the U.S. Federal Bureau of Prisons. Under terms of the contract, Ameresco will install energy and water conservation technology at the 776-acre Federal Correctional Complex in Butner, N.C. The contract is valued at $53.1 million. Ameresco says that the   …Continue Reading