Penny saved is a half penny earned: Pennsylvania's third party financing experience for energy conservation
Pennsylvania entered into third-party financing for energy conservation projects because the state has too many competing priorities to fully invest in all the energy savings potential that public buildings represent. Conservation, fuel conversion, and cogeneration opportunities could reduce the state's $100 million energy bill by $20-30 million, and the state felt it could not continue to defer this savings potential. The authors describe the practical experience Pennsylvania gained in the process as well as the criteria and results of ranking state facilities as potential candidates. They identify the key features of the contractor selection process, and emphasize the need for competitive bidding and the advisability of a two-phase approach for larger buildings.
- Research Organization:
- Commonwealth of Pennsylvania
- OSTI ID:
- 5776096
- Report Number(s):
- CONF-850301-
- Journal Information:
- Energy Technol. (Wash., D.C.); (United States), Vol. 12; Conference: 12. annual energy technology conference and exposition, Washington, DC, USA, 25 Mar 1985
- Country of Publication:
- United States
- Language:
- English
Similar Records
Third-party financing is injecting new life into US cogeneration projects
South Carolina Energy Management Finance Authority and third party financing: Project overview
Related Subjects
ENERGY CONSERVATION
CONTRACTS
FINANCING
PENNSYLVANIA
PUBLIC BUILDINGS
BIDS
HUMAN FACTORS
IMPLEMENTATION
PROGRAM MANAGEMENT
SITE SELECTION
BUILDINGS
FEDERAL REGION III
MANAGEMENT
NORTH AMERICA
USA
320103* - Energy Conservation
Consumption
& Utilization- School
Municipal
& Other Public Buildings- (-1987)