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Title: Penny saved is a half penny earned: Pennsylvania's third party financing experience for energy conservation

Conference · · Energy Technol. (Wash., D.C.); (United States)
OSTI ID:5776096

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