March 26th: AEENCC Capital Chapter Luncheon and Job Fair
Our focus today is the Federal ESPC market. We have assembled a distinguished panel of key federal energy and sustainability leaders from the Architect of the Capitol (AOC), General Services Administration (GSA), U.S. Army, and the National Archives and Records Administration (NARA). The panelist have recently completed and/or awarded significant ESPC projects in the Washington, DC area. They will discuss their projects results, solutions, lessons learned, and future plans.
The desired end result for the federal agencies is similar: modernize/upgrade facilities; significantly reduce energy use and costs with the consequential reduction in greenhouse gas emissions; meet/exceed federal energy and emission reduction laws and mandates; provide for adequate operation and maintenance to maintain guaranteed savings; enhance energy security; and provide a cost-effective method to verify the savings. What is different is how each federal team accomplishes these goals. For instance, one large project versus a series of phased projects; how each group works within the framework of their energy policies and facility constraints; and how each ensures that the energy program supports their federal mission, etc. Attendees will also learn first-hand how cutting-edge and renewable technologies are creatively being included to meet/exceed the difficult to achieve renewable and sustainability goals ahead of schedule. The construction value of these local projects is valued at over $200 million creating many jobs and helping to boost the local economy.
AOC, GSA, U.S. Army and NARA, Energy Savings Performance Contracts - Local Projects and Programs and Job Fair
Friday, March 26th
Luncheon Program and Job Fair, 11:30 to 3 pm
George Washington University,
Marvin Center Conference or Ballroom Room
The Federal government is the nation’s largest energy consumer spending more than $7 billion annually. This meeting will demonstrate how local Federal Agencies are significantly reducing their utility bill and providing for hundreds of millions of dollars of sustainable upgrades and modernization efforts to their facilities in the Washington, DC area without any additional cost to taxpayers.
Energy Savings Performance Contracts (ESPCs) can be described as a vehicle that creates capital for critical facility upgrades and deferred maintenance. This capital creation feature becomes even more significant in times of budgetary constraints. An ESPC is a Public-Private-Partnership that is used in the Federal, state / municipal, schools, hospitals, and university market segments. Over the past twenty years the U.S. ESPC market has delivered over $45 billion in projects paid from savings with $50 billion in energy and maintenance savings that are guaranteed and verified.