FRANKFORT, Ky. (9/7/13) – The Department for Local Government (DLG) today announced a series of free, energy efficiency workshops available to local officials across the state. The workshops will explain Energy Savings Performance Contracts (ESPCs), a cost-effective way for local governments to undertake and finance energy efficiency improvements on government facilities.
The workshops will detail the importance of energy efficiency, the cost of delaying retrofits and the value in performance contacting. Each workshop will cover the financial aspects of ESPCs, how communities have successfully used ESPCs and how to navigate and understand the complexities of performance contracting.
Technical advisers will be on-hand at each workshop to offer assistance to officials interested in utilizing ESPCs in their local communities.
Lt. Gov. Jerry Abramson will participate in several of the workshops, which fit into Gov. Steve Beshear’s Energy plan for Kentucky. Lt. Gov. Abramson announced DLG’s plans for the workshops in August at the Governor’s Local Issues Conference in Louisville.
All workshops will be from 9 a.m. – 1 p.m. (local time) and include lunch.
• Monday, Sept. 16
Lincoln Trail Area Development District, 613 College Street Road, Elizabethtown, Ky.
• Tuesday, Sept. 17
Kentucky Dam Village State Resort Park, Gilbertsville, Ky.
• Monday, Sept. 23
Northern Kentucky Area Development District, 22 Spiral Dr., Florence, Ky.
• Tuesday, Sept. 24
Cumberland Valley Area Development District, 342 Old Whitley Road, London, Ky.
• Wednesday, Sept. 25
Gateway Area Development District, 110 County Road 1429, Morehead, Ky.
An ESPC is a partnership between a governmental entity and an energy service company (ESCO) that allows the government to complete energy savings projects without up-front capital costs.
After the ESCO conducts a comprehensive energy audit for the government facilities, both groups consult to design and construct a project that meets the government agency’s efficiency needs and determines funding costs. The ESCO guarantees that the improvements will generate energy cost savings sufficient to pay for the project over the term of the ESPC. After the contract ends, all additional cost savings accrue to the local government.
To date, more than $700 million in ESPC projects have been executed by the Commonwealth of Kentucky, Fort Knox, universities, large municipalities and school districts across the state.
Information provided by the office of Gov. Steve Beshear
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