Belmont’s ESCO Experience

Savings and Heightened

Consciousness about Resource Use

What is an ESCO?

Energy Services Company (ESCO)– Develop and design energy efficiency project– Install and maintain energy efficiency equipment– Verify energy savings– Assume the risk that the project will save

guaranteed amount of energy Projects are designed to be cash neutral –

savings in operating budget utility lines pay for infrastructure investments

Belmont’s Physical Plant

915K sq. ft. total

Included in RFP– 810K sq. ft.

7 school buildings ~700K sq ft PD, Library, 2 DPW, Rink, Light Dept

– $933 total annual utility costs (2002)

Belmont’s Process

Jan 2003 – Ad Hoc Committee formed under BMLD– RFP developed and advertised– 2 responses

April 2004 – Town Meeting Building Committee appointed. Education process:

– Eileen McHugh – DOER Rebuild America– Peregrine Group– CitiCapital

Process cont.

Oct 2004 – Letter of intent signed

Feb 2005 – Received Detailed Energy Audit

June 2005 – Signed Contract and Lease Agreement

Sept 2005 to April 2006 – Construction

July 2006 – Loan payments begin– Measurement and Verification phase

Project

10 year agreement 12 – 5 town and 7 school buildings included

$1.7M – Total project cost– $1.1M – Cost of Energy Conservation Measures (ECM’s)– $600K – Cost of capital equipment investment

$202K – Total projected annual savings

ECM’s and Capital Investment

Lighting improvements and controls. Replaced:– 21,081 light bulbs– 8,346 ballasts

Water conservation measures. Replaced or up-graded:– 475 plumbing fixtures

Energy Management Systems Boiler Controllers Pool cover Vending machine controllers Steam trap repair

Capital investment – 6 RTU’s

Issues

What does M&V really mean? This does cost money. Why choose to do it? Political aspect of doing a town-wide project. DOER is a great resource. Starting point for an energy and resources

policy.