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Hyde Park approves $12.95M energy performance contract with Honeywell; district to use rebates, NYSERDA funds and building aid
Summary
The Hyde Park Central School District board authorized an energy performance contract with Honeywell on June 12 to fund facility upgrades through guaranteed energy savings, utility rebates, NYSERDA support and state building aid.
The Hyde Park Central School District board voted June 12 to authorize an energy performance contract (EPC) with Honeywell, following presentations from Energia (technical reviewer) and Honeywell representatives and review by the district’s construction manager and legal counsel.
The contract, described in the presentation as a $12,950,000 fixed-price EPC, bundles energy-related facility upgrades — LED conversions, replacement of remaining pneumatic controls with digital controls, HVAC upgrades and a solar installation — into a single, guaranteed-savings contract. Honeywell will guarantee energy savings and the contract includes measurement and verification (M&V) procedures to validate annual savings.
Justin Benoit, director of project delivery with Energia, told the board that the governing New York energy performance law (article 9) and State Education Department review apply and explained that EPCs are funded from the energy savings the upgrades produce. “Those energy savings are…
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