Planning Energy Savings Projects.

 
FREE EXCERPT

Many communities enact green policies because they're committed to the environment, with the secondary goal of saving money Energy savings programs can save municipalities considerable amounts of money and they are often cost-neutral to implement since the costs are paid through the energy savings, according to TD Equipment and Finance. For example, a school district in the State of Massachusetts will save $80,000 a year in annual energy cost savings after implementing a Green Communities grant from the Massachusetts Department of Energy Resources to install new windows, roof vents, and insulation.

The first step in determining which energy efficiency-measures might make fiscal sense for your government is to assess the options, the firm explains. Energy conservation measures come in a variety of forms and are used to reduce utility costs including water, electricity, or gas. They are often combined in an energy-performance contract between two or more parties that bases payment on achieving specified results--typically guaranteed reductions in energy consumption and/or operating costs. Payments are often based on the cost savings associated with the anticipated results. "Certain energy conservation measures make more sense in different places based on factors such as weather, facilities, and demographics. For example, state of the art boiler systems may be more prevalent upgrades in colder climates in the North while HVAC upgrades might make more sense...

To continue reading

FREE SIGN UP