22 May '12, 5pm

Saving Money, Gaining Energy Independence: ESPCs with the U.S. Government via @reworld

The government is under a mandate to lead by example by “employing strategies to improve energy management,” consistent with Executive Order 13514, which was issued on Oct 9, 2009. The executive order stated, “upgrading the energy performance of federal buildings can be one of the fastest and most cost-effective ways to reduce energy costs, combat pollution, and create local jobs.” Since 1998, the U.S. government has been awarding Energy Savings Performance Contracts (ESPCs) to applicable projects. ESPCs are a proven way to pay for efficiency upgrades to existing federal buildings where the government receives a substantial energy and cost savings on the facility. Qualified Energy Savings Companies (ESCOs) perform the upgrades and do all of the project development and management work involved. Last summer, the Obama Administration reconfirmed the White House’s commitment t...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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