Tag: Performance Contracting

Fredericksburg saves $1.8 million by going green

Fredericksburg officials said the city saved $1.8 million and produced about 25.6 million fewer pounds of greenhouse gases over the past 20 years by reducing electricity and fossil fuel consumption in its government buildings.

This environmental stewardship was first implemented in 1996-97 through energy-savings performance contracts, most recently with Siemens Industry.

Under the current contract, Siemens Industry performs energy audits and pursues measures such as retrofitting city buildings with energy-efficient lighting, heating and cooling equipment. These investments save energy, reduce maintenance and conserve natural resources, while saving taxpayer money and providing healthier building environments, according to city officials.

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