DALLAS — Schneider Electric has announced the start of construction on a $5 million energy savings performance contract (ESPC) project with the city of Tupelo, Mississippi. It is expected to reduce the city’s utility budget by 18 percent, saving more than $140,000 in annual energy costs or $2.8 million over the life of the project.
The city of Tupelo faced outdated facilities and aging equipment and technologies throughout its frequented community areas, causing it to miss out on sports tourism revenue and other opportunities for economic growth. Schneider Electric worked closely with the city to develop a turnkey energy efficiency solution that will impact 23 buildings and 27 sports fields, which will revitalize the community for years to come. Key components of the project include mechanical renovations, building automation system (BAS) upgrades, building envelope sealing, new sports field and park lighting, and interior and exterior building lighting. The project is expected to be completed in November 2016.
“Progressive thinking is what has always driven the city of Tupelo to be the best, and we hope this will inspire excellence in all areas of our city,” said Mayor Jason Shelton. “Our partnership with Schneider Electric will help us drive and support our mission of maximizing sports tourism revenue, being fiscally responsible, and progressively leading the region.”
In addition to significant energy savings, the ESPC project will also provide environmental benefit equivalent to removing 12,400 tons of carbon dioxide from the atmosphere.
“We are excited to help the city of Tupelo reach its energy conservation and sustainability goals while saving millions of dollars for taxpayers,” said Tammy Fulop, vice president, Schneider Electric. “This is a tremendous opportunity to reinvest utility expenditures into valuable improvements that will impact citizens and visitors to the city for generations to come.”
For more information, visit www.enable.schneider-electric.com.
Publication date: 12/21/2015