State Energy Resources Agency Promotes Participation In Free Energy Savings Workshop
Energy-Efficient Technologies & Practices Yield Long-Term Savings
In recent years, municipalities and schools have partnered with energy businesses to realize long-term cost savings through high-efficiency equipment replacement or upgrades, a process known as performance contracting. Energy experts will be on-hand January 20 th at the Sheraton Hotel in Framingham beginning at 8am to assist in tailoring a successful energy savings project for interested companies and public authorities. The goal of performance contracting is to generate enough energy and cost savings to cover the full cost of an energy upgrade over the term of the contract.
"Rebuild Massachusetts and seminars such as this provide state and local public entities with the technical services and expertise needed to implement energy management strategies that yield long-term bottom line savings," said Commissioner David L. O'Connor.
State implemented energy performance contracts for the Wrentham Developmental Center in 2000 resulted in $210 thousand in guaranteed annual energy savings. Currently, the University of Massachusetts/Boston and Mount Wachusett Community College are using non-capital funds as well as grants from the U.S. Department of Energy and the Massachusetts Technology Partnership Corporation to implement conservation measures that will yield annual savings of $273-thousand and $1.9 million respectively upon completion.
Executives representing Mount Wachusett Community College and the state's Division of Capital Asset Management will present a case study of the Mt Wachusett energy initiative. Other topics to be addressed include: project development, financing and implementation; performance contracting procedures and options as well as available state or local programs and incentives.
Interested organizations and individuals may register for the January 20 th seminar at the Sheraton Hotel in Framingham online at www.mass.gov/doer. Registrations must be received prior to January 18 th.
Rebuild Massachusetts' mission is to implement energy efficiency solutions through private-public partnerships in order to save energy and realize operational savings, improve physical plant performance, ease air pollution through reduced energy demand and enhance the quality of life through locally-defined energy initiatives. Rebuild Massachusetts' partners include the Massachusetts Department of Housing and Community Development and the Massachusetts Division of Capital Asset Management. Rebuild Massachusetts is a program sponsored by the U.S. Department of Energy's Rebuild America. More information is available online at http://www.mass.gov/doer/rb-ma/rebuild.htm.