Pulaski County and Entegrity Sign $4.96 million energy contract to improve energy efficiency
August 1, 2017
by Cozetta Jones
Read the original article here.
Pulaski County and the Arkansas Energy Office (AEO) recently executed a $4.96 million energy and water savings performance contract, through the Arkansas Energy Performance Contracting (AEPC) Program, to address the county’s deferred maintenance concerns while improving county facilities’ operations. This public-private partnership is possible though Arkansas’ Guaranteed Energy Cost Savings Act. Entegrity Energy Partners, LLC is the Energy Services Company (ESCO) performing the work for the project.
The performance contract is entirely budget neutral and guarantees energy and water savings of more than $8 million dollars for the county, over the financing term of 15 years. The savings are realized through improved equipment efficiency, including new LED lighting, water fixtures, HVAC replacements and building controls. Additionally, AEO estimates the economic impact of the project to exceed $15 million for the Central Arkansas economy.
“We are proud to be the first county in the state to take advantage of the opportunities afforded by AEPC program,” said Pulaski County Judge Barry Hyde. “These improvements will help the environment and save the county money in labor and material costs—ultimately saving tax payer dollars.”