Siemens saves money at BAE building
Source:automation.com, Thursday, June 16, 2011
Siemens announced the successful and early conclusion of an extensive, 2 million dollar energy efficiency program at BAE Systems’s Greenlawn, New York facility.
The fast-track, six-month project begun in December 2010, was developed using Siemens’ Conserv pay-for-performance structure. Under this 11-year Energy Services Agreement (ESA), BAE Systems pays only for the actual savings realized from the program’s comprehensive energy efficiency improvements. BAE Systems expects the program to save more than $305,000 annually in equivalent energy and operational expenses, savings delivered through a broad range of HVAC and building system retrofits and upgrades that will deliver a 5 percent reduction in electricity consumption and a 69 percent reduction in natural gas usage.