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 Signs Biggest Renewable Energy Deal

Renewable Energy World reports that the U.S. Army has signed its biggest renewable energy deal. The power purchase agreement (PPA) with Apex Clean Energy will provide 65 MW of solar and wind to Fort Hood in Texas, which is about 60 miles north of Austin. The 30 year deal is for 15 MW of solar   …Continue Reading


Everyone Wins with an EPC–At Least that’s the Plan

Two significant energy performance contracts (EPCs) were announced during the past few weeks. The city and county of Denver entered into an agreement with Ameresco. The EPC, which has a value of almost $2 million, will focus on 88 energy efficiency improvements to 14 buildings in the city, the press release said. The contract calls for   …Continue Reading


ABM Government Services: GSA LA ESPC GS-09P-12-KS-C-0023

Working with ABM Government Services, the General Services Administration (GSA) is using an Energy Savings Performance Contracting (ESPC) program that will improve the operational and financial performance of five federal facilities in the Los Angeles area. The recommendations will result in the GSA reducing its annual energy and operational spend by an additional $2,072,220, of   …Continue Reading