CARSON CITY, NV - January 07, 2015
The Nevada Governor's Office of Energy (GOE) has
extended the application deadline for a program that accelerates performance contracting
in the State.
The one year extension of the Performance
Contract Audit Assistance Program (PCAAP) gives eligible Nevada government entities
– counties, cities, school districts, and universities – that enter into a
performance contract more time to request monetary assistance for their Financial-Grade
“PCAAP is a successful GOE program because it promotes
performance contracting, which offers an opportunity to upgrade and modernize
facilities, and reduce the taxpayer burden of growing government energy
budgets,” said Paul Thomsen, GOE Director. “Extending PCAAP gives Nevada
entities a greater opportunity to evaluate whether government dollars can be
used more wisely to modernize facilities.”
Qualified government entities can upgrade facilities with no up-front capital and pay for them through
guaranteed savings. PCAAP is designed to fund the audit, the first step in the
process to determine if an entity’s target project is feasible.
extending PCAAP through 2015, GOE is increasing the odds that a Nevada entity
will join the Cities of Reno and Sparks, which received a $150,000 PCAAP award
in June 2014. This funding covered the cost of an audit that analyzed energy,
water, and operating cost savings measures for the jointly-operated Truckee
Meadows Water Reclamation Facility. The resulting performance contract will
annually save $1.1 million dollars at the facility and reduce energy
consumption by more than 664 kW. Two other entities have submitted applications
and will be funded when required documents are submitted.
decision to extend PCAAP and continue funding audits that accelerate
performance contracting in the State highlights GOE’s ability to facilitate
cooperation among stakeholders, lead initiatives to stimulate economic
development, and attract energy related business ventures.
learn more about PCAAP and check your projects eligibility, please visit: GOE's Public Facilities Retrofit Grant Page.
About the Governor's Office of Energy
The Governor’s Office of Energy oversees energy programs required through statute and those that help to meet the mission of the office, which is to ensure the wise development of Nevada’s energy resources in harmony with local community economic needs and Nevada natural resources. For more information about GOE, please visit energy.nv.gov.