Search Results for: "energy savings performance contract"

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


Noresco Named Qualified Energy Performance Contractor in New Mexico

The State of New Mexico recently selected Noresco as a qualified provider of energy savings performance contract (ESPC) services to New Mexico government entities. Noresco specializes in the development, design, construction, financing and operation of energy- and environmental-efficiency projects and is a part of UTC Building & Industrial Systems, a unit of United Technologies. Selected   …Continue Reading


Framingham Saves $380,000 per Year with ESPC

The Town of Framingham, Massachusetts, is partnering with Ameresco on a comprehensive $6 million energy savings performance contract (ESPC) to improve town buildings. The project is expected to be completed in the spring of 2016. The project includes energy efficiency measures that will save $380,000 annually. The ESPC is a central tool to the town’s commitment to   …Continue Reading


School District ESPC Includes Financing Help

The Gordon-Rushville Public School District in Nebraska hired Ameresco for a comprehensive $5.8 million energy savings performance contract (ESPC) for a high school, a middle school and an elementary school. As part of the guaranteed savings project, Ameresco conducted a detailed investment grade audit of nearly 130,000 square feet. Some of the updates include the   …Continue Reading


Minnesota’s Energy Program to Save $10.8M

Minnesota’s Guaranteed Energy Savings Program (GESP) is poised to help the state save a projected $10.8 million annually over the next 15 years. Established by the Minnesota State Department of Commerce, GESP is a state-led initiative to deliver technical, financial and contractual assistance to state agencies to support the implementation of Energy Savings Performance Contracting   …Continue Reading


Housing Authority Signs ESPC with Ameresco

Ameresco will begin construction on a second energy savings performance contract (ESPC) for the Holyoke Housing Authority (HHA) in western Massachusetts. The $2.3 million project is expected to provide over $4.5 million in energy and water savings to HHA over the 15-year term. Upgrades will be made to over 600 units in the Authority’s portfolio   …Continue Reading