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Snyder Electric presents energy-savings performance contract; committee to bring proposal to full board
Summary
Snyder Electric presented an energy-savings performance contracting (ESPC) proposal that would finance district-wide infrastructure upgrades using guaranteed utility savings; the construction committee agreed to add the ESPC item to the February full board meeting for further consideration and potential RFQ steps.
Snyder Electric representatives presented an energy-savings performance contract (ESPC) model to the Robeson County Schools construction committee, describing a financing structure that uses guaranteed utility savings to fund lighting, water, HVAC, building automation and potentially solar projects across district facilities.
"We can guarantee that you're gonna save a minimum of 25% off those utility bills," Lisa Watkins of Snyder Electric said while presenting a business case the company prepared earlier. Watkins described a…
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