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,
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.
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