31 Aug '15, 8am

How the Navy will save $6 million a year on energy at one air station

How the Navy will save $6 million a year on energy at one air station

Breakthrough energy savings performance contract projects exemplify a way to unlock deep levels of energy savings. These so-called ESPC projects are financed through energy and water cost savings, allowing clients to reduce their overall energy and water consumption and save money with no upfront capital costs. Because of this, ESPCs are particularly appealing to federal, state and local government bodies, which typically lack appropriated funding, have aggressive energy, water and carbon reduction goals and seek to save taxpayer money. RMI studied a number of government ESPC projects and interviewed project team members, uncovering a number of best practices that should be widely used to encourage stronger projects that achieve deeper levels of savings while benefiting both the client and the contractor. These best practices include: Setting aggressive long-term goals Eng...

Full article: http://www.greenbiz.com/article/how-navy-will-save-6-mill...

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