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Show Me The Money. Financing Your Energy Efficiency Upgrade

Since energy consumption has such a major impact on operating costs, effective energy management is critical to success for commercial and industrial businesses. Yet, despite the favorable return on investment that improved energy efficiency provides, building owners and facility managers frequently struggle to find the capital required for much-needed energy efficiency upgrades. That was then. This …

Lee Goddard

Oct 12, 2018

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Building Automation Systems

New York Municipalities Benefit From Energy Performance Contract Legislation

Let’s face it: while implementing major energy-efficiency improvements will result in substantial and long-term energy savings, they can require a sizable initial capital investment.  Sizable capital investments can be challenging for cash-strapped municipalities. Thankfully, there’s a risk-free, budget-neutral solution: An Energy Performance Contract. An Energy Performance Contract, or EPC, uses guaranteed energy savings to finance …

lgoddard@smartwattinc.com

September 20, 2018

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Energy Systems Optimization

Energy Efficiency Finance Models Spelled Out To Achieve Modernization

Work environments across the nation battle crumbling infrastructure, dim lights and antiquated energy systems. Building owners wrack their brains trying to find a solution to keep their workers happy, comfortable and productive without breaking their bank. There are ways to acquire modernization without expending up-front capital through energy financing. There are many energy efficiency finance …

Ben Stewart

July 14, 2017

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Energy Systems Optimization

Check Out This Checklist BEFORE Signing An Energy Performance Contract

Want to replace end of life energy equipment and aging infrastructure to enhance the comfort, productivity and safety of your workers? Hoping an energy performance contract will pay for the efficiency measures, but hesitant about the confusing contract jargon? You should be. Sometimes energy services companies write the contract to protect them, not you. Here’s …

Ben Stewart

July 11, 2017

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Bundled Energy Projects

Gloversville Looks to Optimize Community Spaces Utilizing An Energy Performance Contract

The City of Gloversville, New York recently approved the installation of an energy systems optimization project that includes energy efficiency upgrades and improvements to infrastructure systems that deliver better comfort, fresh air, safety, and quality of life. The project is utilizing New York Article 9, also known as energy performance contract, that allows the energy …

Ben Stewart

June 15, 2017

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Bundled Energy Projects

Municipals in New York Rely On Energy Saving Performance Contracts to Improve the Infrastructure that Impacts People Most

Cities, towns and counties in New York faced with end of life equipment and aging buildings can upgrade the infrastructure that delivers comfort, fresh air, safety, and quality of life to employees and taxpayers despite having no capital do so. It doesn’t even take a miracle, just a little known piece of legislation called an …

Ben Stewart

June 12, 2017

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Bundled Energy Projects

Does An Energy Performance Contract Make Sense For Your Community?

If you are a leader of a cash-strapped community with major infrastructure issues, then an energy savings agreement might be just the thing for you. When deciding if an energy savings agreement is right for your community, there are a few things to take into consideration: Resources: Does your community have capital to maintain or …

Ben Stewart

June 2, 2017

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Bundled Energy Projects

Town of Minden Improves Energy Systems With Energy Performance Contract

The Town of Minden had an old kerosene heater that didn’t adequately heat their buildings. On top of not working well, it was expensive to operate and maintain. The town’s energy system problems turned out to be the perfect energy performance contract case study in NY. “When our workers would arrive in the morning, the …

Ben Stewart

May 30, 2017

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Bundled Energy Projects

Wabash City Considering Guaranteed Energy Savings Contract To Fund Energy Efficiency Project

To combat high energy bills and failing energy systems, Wabash City, Indiana, is considering using Indiana Code 36-1-12.5 to update the small town’s aging infrastructure by installing new energy efficient equipment. Ed Myers, Account Executive for SmartWatt, recently gave a presentation on Indiana Code 36-1-12.5 to the Wabash City Council about leveraging the legislation that allows …

Ben Stewart

May 24, 2017

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