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City of Houston First City in Texas to use Qualified Energy Conservation Bonds for Energy Efficiency Program

City of Houston First City in Texas to use Qualified Energy Conservation Bonds for Energy Efficiency Program

City of Houston expands its municipal energy efficiency program to libraries

Mayor Annise Parker today announced the City of Houston is expanding its municipal energy efficiency program to retrofit libraries and other City of Houston facilities.

“Earlier this month, I committed to reduce the City’s greenhouse gas emissions by ten percent by 2016,” said Mayor Annise Parker. “This project will go a long way toward helping the City reach that goal.  Not only will we be saving energy, we will be saving money.  It’s a double win for Houston.”

The City will be using Qualified Energy Conservation Bonds (QECBs) to fund this work.  QECBs are federally-subsidized bonds that enable state, tribal and local government issuers to borrow money to fund a range of energy conservation projects at very low borrowing rates.  Qualifying projects include using energy efficiency capital expenditures in public buildings that reduce energy consumption by at least 20%.  The City of Houston is the first city in Texas to utilize this financing for energy efficiency. 

The City will take advantage of low interest rates provided by the QECBs. The bonds have been awarded at an interest cost of below one percent, the lowest fixed interest rate received by the City in its history.

Many of the City’s buildings are using older, inefficient lighting, mechanical systems and control systems. This project phase will upgrade systems for 18 library facilities, the Dalton Street Property Maintenance facility and the Houston Emergency Center (HEC).  Overall, these measures will reduce energy, water consumption and operating costs of City facilities.  In addition, the energy savings are guaranteed by the performance contract.

“Too much energy is wasted through poor insulation, leaky windows, inefficient lighting, heating or cooling systems, and poor construction techniques,” said Luke Metzger, Director of Environment Texas. “We applaud Houston’s innovation in making city buildings more efficient, an important step toward solving our energy problems, reducing pollution and saving the city money.”

This is the City’s third phase of an energy savings performance contract for energy conservation measures with Schneider Electric.  Numerous energy efficiency measures have been implemented to date including:

  • Hurricane emergency power remediation/hardening of the City IT network at 611 Walker
  • Critical IT area HVAC replacement
  • City Hall lighting upgrade
  • Critical system replacements at SW Water Treatment Plant
  • Police command center reliability upgrades at 3 locations
  • City-wide HVAC control systems upgrade to improve service response
  • Central plant upgrades in 8 major facilities
 

Peugeot Secures $1.1 Billion Lifeline From China

Peugeot Secures $1.1 Billion Lifeline From China

French Auto Dynasty That Clung Too Tightly Now Gives Up Control

By   SAM SCHECHNER ,  

DAVID PEARSON   and  

NOÉMIE BISSERBE  

PARIS—France's Peugeot family lost control of its autom...

Equatorial Guinea Graduates 400 I.T. Students

Equatorial Guinea Graduates 400 I.T. Students


TICGE Center to provide home-grown IT professionals

MALABO, Equatorial Guinea Nov. 11, 2013  /PRNewswire-USNewswire/ -- Four hundred students received diplomas in informat...

San Antonio Integrates 21st Century Low Carbon Technology in 20th Century Energy Systems Texas Renewables 2013, ‘All-of-the-Above’ Energy Market

San Antonio Integrates 21st Century Low Carbon Technology in 20th Century Energy Systems  Texas Renewables 2013, ‘All-of-the-Above’ Energy Market

 
San Antonio, TX,  November 6, 2013   –  New energy technology delivers much needed carbon emission reduction and energy independence to the U.S. In 2012 carbon emissions we...

‘Africa’s network transition an ongoing process’

‘Africa’s network transition an ongoing process’

BY BANKOLE ORIMISAN 

QUALCOMM Incorporated has affirmed that the rapid transition to 3G mobile broadband is still in progress in African market.

  According to the chipmake...

Cape Town South Africa: Unique, Hydra Delivers Air Dive Systems to Subtech

 

Unique Hydra, a Unique Maritime Group (UMG) company which is one of the world’s leading integrated turnkey subsea and offshore solution providers, announced that it has ...

Africa unveils its first smartphone and tablet

Africa unveils its first smartphone and tablet By Aissata Haidara E xcitement greeted news that Vérone Mankou, the 26-year old entrepreneur from the Republic of Congo, has designed Africa’s first smartphone and a tablet...

Dentists Give More than a Smile on “Give Kids a Smile Day”

Dentists Give More than a Smile on “Give Kids a Smile Day” Garden Valley, Texas, February 3, 2012 -- Today is “Give Kids a Smile Day.”  While many dentists in the U.S. will contribute time to provide free oral health care services...

Research centers collaborate to advance African agriculture

Research centers  collaborate to advance African agriculture

Efforts will fight hunger Strategic partnership to invest in agricultural research, extension and education at Ukulima Farm Research Center in South Africa

JOHANNESBURG — ...

Last Updated ( Wednesday, 25 January 2012 01:34 )

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