Minnesota State introduces energy savings performance contracting pilot for campuses
Minnesota State officials presented a new energy savings performance contracting program (also called Guaranteed Energy Savings Program or GASP) to trustees, describing pilot projects at three campuses, financing mechanics, risks and potential savings without upfront capital.
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Minnesota State trustees received an informational briefing on the system27s energy savings performance contracting program, also called a Guaranteed Energy Savings Program (GASP), an approach that finances energy and operational upgrades using guaranteed future savings rather than upfront legislative capital.
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