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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

City Reduces Sports Field Lighting Fixtures by 50%

City leaders in Vestavia Hills, Ala., report that replacement of outdated lighting with highly efficient illumination at the city’s sports fields, pool and tennis courts is generating a nearly 50 percent decrease in energy usage. Leaders anticipate that the more efficient lighting systems could potentially reduce maintenance costs by up to $5,000 a month. Prior   …Continue Reading

Wisconsin School District Exceeds Anticipated Energy Savings

An energy savings project completed at the School District of Osceola, Wis., in 2013 with McKinstry is outperforming the results guaranteed by the company by more than 11 percent in its first year. The school district hired McKinstry in December 2012 under an Act 32 Energy Efficiency Revenue Limit Exemption, which enables school districts to afford   …Continue Reading

ConEdison Solutions Helps Obtain 179D Benefits

Miami-Dade County received $1.135 million from ConEdison Solutions, resulting from the federal 179D allocation associated with improvements to the county’s downtown chilled water system, which serves 12 major facilities. The increased energy efficiency of the chilled water system resulted in a 585,000 kWh annual electric savings. The 179D tax benefit was established through the 2005   …Continue Reading

Energy Savings Project Saves Kentucky School District $75K

Ameresco has started an Energy Savings Performance Contract (ESPC) project with the Bath County Board of Education in Kentucky. The $1.88 million project is expected to save the school district nearly $75,000 annually in energy and operational costs. It includes traditional and non-traditional energy conservation measures across seven facilities, spanning 295,735 square feet. As part   …Continue Reading

Reynolds Energy Services Wins $17.4M ESPC

Reynolds Energy Services secured a $17.4 million guaranteed energy savings performance contract (ESPC) to improve energy efficiency and security for three buildings in the Juniata County School District in rural-Pennsylvania. The project guarantees savings of $4.9 million over 20 years and updates the major infrastructure systems of the three buildings. The upgrades at East Juniata   …Continue Reading

Constellation Performs Energy Upgrades at Courthouse

Montgomery County, Pa., hired Constellation for $2.4 million in water and energy conservation measures at the Montgomery County Courthouse. The conservation measures are guaranteed to provide about $4.2 million in cost savings through a 20-year energy savings performance contract (ESPC) with Constellation. Montgomery County is expected to see a return on its investment in less   …Continue Reading

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