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Sempra Energy Solutions Inks Two Performance Contracting Deals

Sempra Energy Solutions Inks Two Performance Contracting Deals

Sempra Energy Solutions has announced that it has signed two energy efficiency contracts in Arizona worth $5.8 million . The company inked an agreement with the county of Maricopa for $3.8 million, and with the east campus of Arizona State University (ASU) for $2 million.

Sempra has written both agreements as energy-savings performance contracts. The contracts allow for the cost of the new equipment and services to be paid for over time by the customer's savings from reduced energy costs. Not only will Sempra's efficiency measures reduce costs, but through newer technology they will also reduce emissions of nitrous oxides.

"Arizona's thriving economy, growing population and pollution-control efforts present tremendous opportunities for a wide range of energy services, especially performance contracting," said Robert N. Dickerman, president of Sempra Energy Solutions. "By integrating performance contracting with other products and services, we will continue to bring long-term energy solutions to Arizona's commercial, industrial and institutional customers, including universities, hospitals and government bodies." Arizona's energy retail market represents more than $2 billion in market potential and underscores the company's commitment to the state, Dickerman explained.

Maricopa County, AZ, is one of the fastest growing counties in the United States. The contract includes 59 buildings, covering over two million square feet. The project should be completed no later than June 2001, saving the taxpayers an estimated $538,000 a year in utility costs.

Sempra will work on 21 buildings on ASU's east campus, retrofitting 5,000 light fixtures, replacing air conditionoing, ventilation and heating equipment, and upgrading the energy control systems. Completion is slated for February 2001.

Alex Steis

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