Deal watch: Schneider Electric secures EE project with Texan city

Energy management provider Schneider Electric has landed an energy savings performance contract (ESPC) for a city in Texas, US, bringing the company’s total to nearly 500 ESPC projects.

In a deal valued at US$5.7 million, Schneider will install advanced metering infrastructure as well as a wastewater treatment plant in the city of Clute, Texas.

Under the agreement, Schneider will replace the city’s water meters as part of an advanced metering infrastructure system, expected to save Clute more than US$300,000 in operational and energy costs.

The update to the city’s infrastructure is in preparation for anticipated population growth.

A new wastewater treatment plant that is responsive to demand instead of running at full capacity is projected to save the city 57 per cent a year in energy costs.

Tammy Fulop, vice president of sales, energy and sustainability services at Schneider Electric, said: “Wastewater projects are a significant undertaking and can be essential to a city’s financial and environmental success.

“In the project with Clute, we are able to customise a wastewater and metering solution that will have a positive impact on the entire city’s infrastructure, functionality and sustainability.”

Schneider Electric holds one of the US Department of Energy super ESPC contracts and has completed close to 500 contracts nationwide since the division was formed in 1992.

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