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County staff outline Phase 2 of energy performance contract to electrify and upgrade 24 facilities; staff seeking capital stacking and grant funding
Summary
Santa Fe County presented a Phase 2 investment-grade-audit and proposed energy performance contract covering 24 county facilities, with a mix of LED, weatherization, water conservation, selective HVAC electrification and solar PV measures and an estimated net project cost of roughly $4.75 million (county capital ask ~$2.25 million).
Santa Fe County sustainability staff and Energy Systems Group (formerly Year Out Energy) presented plans on Jan. 14 for a second phase of an energy performance contracting (EPC) program that would implement energy- and water-efficiency upgrades across 24 county facilities and provide a guaranteed-utility-savings guarantee.
Lede: The county's sustainability manager and the ESCO presented an investment-grade-audit (IGA) scope for about 24 county facilities, describing measures that include LED lighting, building weatherization, water conservation, photovoltaic arrays and targeted HVAC electrification. Staff estimated a net project cost in the IGA near $4.75 million, with a proposed county capital contribution of about $2.25 million, leveraging additional financing and incentives (tax/IRA benefits, rebates and guaranteed savings) to fund the balance.
Nut graf: Officials said the EPC approach transfers performance risk to the vendor: Energy Systems Group would guarantee savings and would be responsible to pay the shortfall if annual measured utility savings fall…
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