Energy Service Companies (ESCOs)SEMPRA ENERGY SOLUTIONS
General information:Sempra Energy Solutions (SES) offers a broad suite of energy-related products and services to the public/institutional and government sectors. Energy efficiency services offered include design/build services; performance contracting; turnkey product management; and expertise in the federal, state, and municipal government environment. SES has been operating in Utah since 1994.
Awards:SES has been honored for its work by ENERGY STAR®, the Association of Energy Engineers, Energy User News, the U.S. Department of Energy, and various state governments. Other awards specific to Utah include: Energy User News 1998 Efficient Building Award Certificate of Merit in Lighting/Military Sector; 1997 Association of Energy Services Professionals Achievement in Energy Services Award; Energy User News 1996 Efficient Building Award Certificate of Merit for Federal Sector; 1996 U.S. Environmental Protection Agency and State Energy Office Green Lights Award. Recent projects:Recent Utah projects of note include Hill Air Force Base in Ogden, and the Dugway Proving Grounds. SES provided a range of services in these projects including: a new design/build central plant, chillers, cooling towers, boilers, lighting, VSD, energy management control systems, steam system repairs, and computerized irrigation systems and more. More than 1,466 buildings, and 13 million square feet were served, and guaranteed energy savings contracts were implemented for 20 years and 10 years, respectively. Use of savings guarantees:SES’s performance contracts allow clients to make major facility upgrades without any up-front capital expenditures. If energy savings do not exceed total project cost, SES will make up the difference. Savings guarantee fees depend on the level of risk associated with the energy conservation measures implemented and the savings methodology adopted. Typically, SES guarantees savings at the level necessary to cover debt service, measurement and verification, and operations and maintenance costs. Customers are not required to purchase savings guarantees as part of any services to be provided. Financing options:SES uses a variety of financing mechanisms to finance projects, including tax-exempt Certificates of Participation (COPs), tax-exempt municipal leases, revenue bonds, and school bonds. Performance contract project financing has come from banks, insurance companies, trust funds, and third party investors. SES has placed tax-exempt municipal financing with Oppenheimer, Inc., Koch Financial Corporation, and GE Capital, and also finances taxable transactions with its lead bank third party investors. Typically, SES arranges tax-exempt municipal leases because this allows tax-exempt clients to receive a lower financing rate. Financing terms vary from project to project, with those for higher education, school districts, and state and local governments typically ranging from 10 to 20 years. Additional information:SES’s accreditation with the National Association of Energy Service Companies (NAESCO) was recently upgraded from Energy Service Company (ESCO) status to Energy Service Provider (ESP) status. In addition, SES has LEED Accredited ProfessionalsTM on staff with demonstrated experience in integrated design, and SES is a Business Partner in the U.S. Department of Energy’s Rebuild America Program.
For more information, visit www.semprasolutions.com. |
||||||||||||||||
|
Why Care About Energy Efficiency? | Steps to Saving Energy & Money | Recommendations by Sector Energy Efficiency Measures | Assistance | Program Profiles | Case Studies | Glossary of Energy Terms | Home © 2006 Southwest Energy Efficiency Project |
