In a company statement, the Texas based power provider said it signed a US$9m energy efficiency contract with Lime Energy.
[quote] Under the deal, the two companies will implement utility’s Small Business Direct Install (SBDI) programme which is targeting to save 6,680MWh and reduce electricity demand by 1.6MW within its timeline in Tyler, Walco and Midland-Ordessa.
However, the SBDI will be marketed under the Main Street Efficiency brand and will be rolled out through to 2019.
To meet up with its targets, the programme will channel US$1.57m towards annual incentives for customers to improve their efficiency in their businesses.
Consumers with peak demand under 200KW will receive extended incentives and 90% of the project’s funding will be directed towards installing energy efficiency technologies and appliances such as refrigerators and LED lights.
Adam Procell, Lime Energy’s CEO, said: “When businesses improve efficiency to lower their operating costs, they are able to reinvest those savings to strengthen both their businesses and their communities.”
And Michael Stockard, the Director of Energy Efficiency at Oncor added: “Small business and rural communities are important components of our customer base.”
In addition to financial benefits the programme will provide for business consumers, Lime Energy said it will create six local green jobs as well as provide a steady flow of projects for local electrical contractors.
Energy efficiency in the US
Furthermore to utilities engaging in energy efficiency programmes, the US government is largely intervening towards the research and development of new technologies and measures to help towards the reduction of energy consumption.
In mid-March, The US Environmental Protection Agency (EPA) awarded a grant to technology company Lucid Design Group.
In a press statement, EPA said it gave the California-based company, US$295,507 for the development of innovative energy efficiency technology to protect the environment. [Energy efficiency: US university gets backing for tech R&D]
Under the project which saw EPA releasing a US$2,4m grant to eight small businesses in the US, Lucid Design will look into reducing energy consumption in commercial buildings specifically during periods of peak demand.
Jared Blumenfeld, EPA’s regional administrator for the Pacific Southwest said: “Lucid’s project is a great example of how technology can be used to help protect the environment.
“Giving office workers immediate feedback on their energy use can help them to change their habits for the better,” he added.
The grant will help Lucid Design to further develop, test and commercialise its energy efficiency technology claimed to provide real time feedback to consumers via ambient color-based visual messaging.
image credit: www.articbuildingservices.com