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Community Centre US

Community center saves energy & replaces building equipment without capital or debt

A community center in the USA is cutting energy costs by more than a third with the help of Ecosave, an energy services company with an innovative approach to building upgrades and energy savings.

The centre houses function rooms, exercise space, swimming pools and offices. The customer needed to replace failing equipment but they also wanted to save energy and reduce operating costs in a way Ecosave offered the right solution in the Ecosave Services Agreement (ESA) a comprehensive array of fully funded upgrades with ongoing energy management and maintenance services, packaged together as a service agreement and paid for out of the savings it generates.

For a zero dollar capital outlay and no debt, the community center received $1.5m in building upgrades and nearly $200,000 per year in operational savings.

The energy savings are guaranteed and the customer uses part of these savings to cover the monthly service fee, which is geared to be less than the operational savings achieved – resulting in a cash flow positive arrangement from day one.

 

FOR AN ANNUAL SERVICE FEE OF $144,794 THE CUSTOMER RECEIVES:

 

These services generate $193,165 annual savings, resulting in $48,371 net customer savings.

 

To find out more about this project or to discuss how Ecosave can help you save money and resources, contact us today!

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