Ohio

City of North Olmsted

ESPC

Project Specs

Scope

Energy Savings Performance Contract

Project Investment

$3,962,095

Annual Savings

$260,645 / Guaranteed

Project overview

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Features

  • Performance contract to make significant upgrades to fire department, fleet and service garage, recreation center and senior center
  • Infrastructure upgrades include interior lighting retrofits, HVAC and building automation system upgrades, building envelope upgrades to rooting
  • Converted 2,422 city-owned streetlights, and pole lighting to new LED fixtures
  • Savings generated by operational cost reduction measures implemented and procurement solutions will save the city $260,645 per year
  • This project is guaranteed to save the City of North Olmsted $5,473,549 over the next 20 years
  • Utilization of local union labor will create 90 jobs and a projected economic stimulus of $13,132,099
  • The energy savings each year reduce 260 tons of CO2 which is the equivalent of 46 homes powered or 28,691,835 smartphones charged annually
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