What is Energy Savings Performance Contracting?

You enter into an agreement with a private energy services company (ESCO).  The ESCO will identify and evaluate energy savings opportunities and then recommend a package of improvements to be paid for through savings.  The ESCO will guarantee that savings meet or exceed annual payments to cover all project costs -- usually over of contract term of 12 to 15 years.  If savings don't materialize, the ESCO pays the difference, not you.  To ensure savings, the ESCO offers staff training and long term maintenance services.

Many types of building improvements can be funded through your existing budgets -- new lighting technologies, boilers and chillers, energy management and control systems, and swimming pool covers to name a few.

Why Siemens Building Technologies?

In January 2007, Siemens Building Technologies, Inc. was selected through a competitiive procurement administered by the Kentucky Finance and Administration Cabinet on behalf of Eastern Kentucky University.  As part of the procurement, Siemens Building Technologies conducted a Technical Energy Audit of the entire Eastern Kentucky University campus.  The purpose of the Technical Energy Audit was to identify a broad range of services and capital improvements in order to reduce the consumption and related costs of energy and water use.

Using the results of the Technical Energy Audit, Siemens professionals worked hand-in-hand with EKU's Facilities Services personnel to design a customized project scope that focused on upgrades and retrofits to energy-intensive building systems accross the campus, including, heating, ventilation and air-conditioning systems, lighting and other systemss that consume water and fossil-fuel based energy resources like electricity and natural gas.

About Siemens Building Technologies, Inc.

As a leading provider of energy and environmental solutions, building controls, fire safety and security systems solutions, Siemens Building Technologies, Inc., makes buildings comfortable, sate, secure, and less costly to operate.  With U.S. headquarters in Buffalo Grove, Illinois, Siemens Building Technologies employees 7,400 people and provides a full range of services and solutions from more than 100 locations coast-tocoast.  Worldwide, the company has 28,000 employees and operates from more than 500 locations in 51 countries. 

For more information on Siemens Building Technologies, visit www.usa.siemens.com/buildingtechnologies

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