Search Results for: "energy savings performance contract"

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


Schneider Helps School Districts Save Millions

Schneider Electric has executed a 20-year energy savings performance contract (ESPC) with Lawrence Country Schools in Moulton, Alabama, to help the school district fund energy upgrades in its 19 buildings. The upgrades are expected to reduce annual district energy consumption by 25 percent, totaling $11.7 million in energy savings. Among other improvements, the contract will   …Continue Reading


Ameresco Retrofits 2,000 Apartments for Housing Authority

Ameresco recently commenced construction on a project with the Syracuse Housing Authority (SHA) in upstate New York via an energy savings performance contract (ESPC). With the ESPC, the project will be financed using savings from the new lighting, attic and wall insulation, water conservation measures, temperature controls and other improvements. In addition, the US Department   …Continue Reading


Hospital Installs CHP System

York Teaching Hospital in the UK began operation of its new combined heat and power energy system. The CHP system is expected to save $19.7 million during its 15-year lifecycle, and all savings have been guaranteed by Vital Energi under an energy savings performance contract (ESPC). The $7 million project will also generate financial savings   …Continue Reading


Federal Bureau of Prisons Selects Constellation for $45M Energy Efficiency, Solar Project

Constellation has been awarded a contract by the Federal Bureau of Prisons to implement $45 million in water and energy conservation measures and install a 2 MW solar generation project at the Federal Correctional Complex in Coleman, Fla. Under the terms of the energy savings performance contract (ESPC), the conservation measures are guaranteed to provide   …Continue Reading


Government Uses Performance Contracting for Lighting Control

The federal government is increasingly incorporating advanced lighting control systems in its energy savings performance contracts (ESPCs) as part of its effort to reduce energy use in federal facilities, reports the Federal Times. Lighting consumes a big chunk of the total electricity used in a commercial building – nearly 38 percent. Lighting control can result   …Continue Reading


Honeywell Helps Army Depot Boost Energy Efficiency

Honeywell and the US Army announced a $43.6 million infrastructure modernization project at Letterkenny Army Depot (LEAD) in Franklin County, Penn. The improvements and upgrades are expected to cut energy use at the facility more than 25 percent, reduce water consumption nearly 50 percent and generate about $4.1 million in annual energy and operational savings. The   …Continue Reading


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