Siemens and Metrus offer pay-for-performance energy efficiency plan

BAE Systems' deal with Siemens and Metrus requires it to only pay for energy savings realized from the program's comprehensive energy efficiency improvements.

03/19/2010


Siemens Industry Inc.'s Building Technologies Division and Metrus Energy Inc. have reached a financing agreement with BAE Systems, a defense industry supplier, to make its 450,000-square foot facility in Merrimack, N.H.,energy efficient. Under the deal's pay-for-performance structure, BAE Systems only pays for the actual energy savings realized from the program's comprehensive energy efficiency improvements.

The project, currently underway and scheduled for completionin the fall of 2010, is being underwritten by Metrus through its Efficiency Services Agreement (ESA). At the project's core is the energy savings performance guarantee delivered by Siemens. Siemens, which is managing allaspects of the project, will implement the energy efficiency measures andprovide the ongoing performance guarantee.

BAE Systems expects the program to save more than $200,000 annually in utility expenses. Siemens will generate energy savings through various energy efficiency retrofits and upgrades including a new compressor,building automation system improvements, a complete lighting retrofit, newtransformers, and a comprehensive campus energy policy.

"The majority of energy efficiency services, programs, andfinancing options largely have been limited to the domain of the government andpublic sector," said Bob Hinkle, CEO of Metrus. "The ESA specifically targets projects at private industrial and commercial facilities, enabling these typesof businesses to pay for retrofits through realized energy savings."

Access other Control Engineering content related to energy efficient facilities:

 
-Edited by DavidGreenfield , editorial director
Control Engineering Sustainable Engineering
News Desk




No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Robotic safety, collaboration, standards; DCS migration tips; IT/OT convergence; 2017 Control Engineering Salary and Career Survey
Integrated mobility; Artificial intelligence; Predictive motion control; Sensors and control system inputs; Asset Management; Cybersecurity
Big Data and IIoT value; Monitoring Big Data; Robotics safety standards and programming; Learning about PID
Featured articles highlight technologies that enable the Industrial Internet of Things, IIoT-related products and strategies to get data more easily to the user.
This article collection contains several articles on how automation and controls are helping human-machine interface (HMI) hardware and software advance.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Big Data and bigger solutions; Tablet technologies; SCADA developments
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.

(copy 5)

click me