TheÂ Energy Department just announced it’s awarded new contracts to 16 energy service companies to finance up to $80 billion in energy-savings projects at federal facilities over the next decade.
Energy awarded the contracts under its Super Energy Savings Peformance Contracts (Super ESPC) program. Agencies will be able to issue task orders under the contracts for projects that cut energy and water consumption or costs, increase renewable energy use, and reduce operations and maintenance costs.
AsÂ I reported back in September, the new contracts are larger in size and scope than existing ESPCs and are expected to spur significant growth in energy savings projects at home and abroad.
Check out next week’s Federal Times for more on the contracts.