Dec 7, 2012 - US energy efficiency and renewable energy firm Ameresco Inc (NYSE:AMRC) yesterday said it had secured an energy efficiency project, including solar thermal and photovoltaic installations, from a school in Ohio.
The company will carry out energy conservation measures and infrastructure upgrades that are expected to save the Lorain County Joint Vocational School more than USD 314,000 (EUR 243,000) in annual energy and operational costs over the 15-duration of the contract. Ameresco executive vice president Louis Maltezos said the initiative would lower its utility costs by over 30%. The school is taking advantage of Ohio's energy conversation legislation and would not spend any funds from its capital budget, according to the announcement.
Under the energy savings performance contract (ESPC), Ameresco will implement new light-emitting diode (LED) lighting, a solar thermal hot water installation and a solar photovoltaic (PV) demonstration unit with a green kiosk for educational purposes. The contract also includes a lighting programme designed to improve lighting efficiency by 35%-40% through new interior lighting and controls, an energy management system and a heating plant redesign.
(USD 1.0 = EUR 0.773)
Choose your newsletter by Renewables Now. Join for free!