The City of Concord implemented a $1.6 million energy savings performance contract that was guaranteed to save upwards of $300,000 per year in energy cost savings. Comprehensive energy savings measures were implemented across the City of Concord as a Phase 1 effort. The City is currently implementing a Phase 2 performance contract with an additional approximately $3 million in energy and infrastructure investments that are guaranteed to save over $322,000 per year in utility costs. The Phase 1 project was supported by utility rebates and the Phase 2 project is supported with rebates from the local natural gas and electric utilities, grant funding from the State of New Hampshire and the United States Department of Energy. The Phase 2 project includes innovative and renewable energy technologies including solar thermal systems for domestic hot water and LED pedestrian traffic signals.
Beacon provides owner’s agent energy management services in support of comprehensive energy efficiency programs, including energy savings performance contracting. We sit on the client’s side of the table and help them develop and implement energy efficiency strategies that utilize operating budgets to invest in energy infrastructure upgrades.