The Town of Reading and Reading Public Schools implemented a $5.47 million energy savings performance contract that is guaranteed to save upwards of $320,000 per year in energy and water cost savings, including savings of approximately 1.25 million kilowatt-hours of electricity and more than 84,000 therms of natural gas. Comprehensive energy and water savings measures were implemented in 8 school buildings and 7 municipal buildings. The project is supported with grants and rebates from the Massachusetts Department of Energy Resources and the local utilities.
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.