GOE Accepting Applications to Accelerate Performance Contracting


Contact

Scott Kelley
Public Information Office
775-687-1850 x 7307
Carson City, NV - March 25, 2014

The Nevada Governor's Office of Energy (GOE) is accepting applications for a new pilot program that will accelerate performance contracting in the State. 

Under the Performance Contract Audit Assistance Pilot (PCAAP), eligible Nevada government entities like counties, cities, school districts, and universities that enter into a performance contract may request monetary assistance for their Financial-Grade Operational Audit.

"Performance contracting offers a tremendous opportunity to not only manage energy budgets but to upgrade and modernize facilities, reduce the taxpayer burden of growing government energy budgets, incorporate the use of renewable energy, and create jobs right here in Nevada," said Paul Thomsen, GOE Director. "Audit assistance removes a barrier that has prevented some municipalities and public entities from evaluating whether government dollars can be used more wisely to modernize facilities and redirect funds where it matters most." 

Performance contracting is a way to upgrade facilities with no up-front capital and pay for them through guaranteed savings. The PCAAP program is designed to fund the audit, the first step in the process to determine if an entity's target project is worth pursuing.   

In addition to the PCAAP program, GOE provides information and technical assistance to facilities managers, chief financial officers, and other professionals to help applicants decide if performance contracting is the right choice and guide them through the process to achieve success. Recent success stories include:  

Douglas County School District  - A $5.1 million project implemented in 2008 is paying for itself through $456,000 in guaranteed annual savings.   

City of Henderson  - Completed a $23.1 million energy savings performance contracting project without increasing the city's budget. 

City of Reno  - The retrofits at City Hall are expected to reduce operating expenses to $2.54 per square feet from $4.54.    

"Many types of improvements can be funded through existing budgets," said Sue Stephens, GOE Commercial and Public Facilities Retrofit Manager. "This includes boilers, chillers, energy management controls, landscape irrigation systems, trash compactors, street lighting, and more."

To get started on your project today, visit GOE's Public Facilities Retrofit Grant Page.     

 

About the Governor's Office of Energy    

 

The mission of the Governor's Office of Energy (GOE) is to ensure the wise development of Nevada's energy resources in harmony with local economic needs and to position Nevada to lead the nation in renewable energy produ ction, energy efficiency, conservation, and the exportation of energy. GOE implements the laws of the State as defined in Nevada Revised Statutes 701 and 701A; manages energy-related programs; facilitates cooperation between key stakeholders; advises the Governor on energy policy; and collaborates with our local, regional, and federal partners to ensure a reliable and sustainable energy system. For more information, please visit Governor's Office of Energy .