Ameresco completes energy conservation project in Minnesota
Photo | Grant Welker
Ameresco's Framingham headquarters
Ameresco Inc., a publicly-traded energy company in Framingham, announced on Friday it has completed the second phase of an energy efficiency project for the City of Apple Valley, Minn.
The project was financed by an energy savings performance contract and involved several energy conservation measures implemented citywide. ESPCs are partnerships between a federal agency and an energy service company, according to the U.S. Energy Department. After being selected, the firm conducts an energy audit to identify ways to save energy.
The agreement guarantees that the improvements will generate sufficient energy cost savings to pay for the project over the term of the contract. After the contract ends, all cost savings accrue to the agency. The agency is responsible for contract administration for the entire term of the contract.
Terms of the deal were not disclosed.
A spokeswoman for Ameresco and Apple Valley Mayor Mary Hamann-Rowland could not be reached for comment.
Apple Valley officials selected Ameresco as its project partner for the initial phase of the project in 2013. The first phase was completed in 2014.
As a result of greater than anticipated cost savings realized from phase one, the city awarded Ameresco phase two of the project in 2018, the company said. Altogether, the energy improvements have resulted in a 12% decrease in energy consumption citywide, Ameresco said.
Energy conservation measures included roofing replacement, water conservation, insulation, HVAC controls, boiler replacement, LED street lights and LED facility lighting upgrades. These improvements were made at 19 city buildings and other facilities, including the Apple Valley Fire Station, the Apple Valley Teen Center, the Hayes Community & Senior Center and the Hayes Ice Arena.
The City of Apple Valley is expected to save the equivalent of 630 metric tons of carbon dioxide per year, roughly equal to taking 136 passenger vehicles off the road for one year.
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