In 2020, the City of Santa Fe enlisted Yearout Energy to carry out an investment grade audit (IGA) across a large number of city buildings to identify and co-develop facility improvement measures that would allow the city to leverage future utility and operational savings through a Guaranteed Energy Savings Performance Contract (GESPC). The project will help to reduce energy and water consumption across more than 90 buildings at 38 sites throughout the city; while supporting the goal of shifting the city to carbon-neutral by 2040.
Completion Date: Spring 2022
Contract Amount: $15.4 Million
“This project is an outcome of Santa Fe Mayor Webber and City Council’s commitment to sustainability and innovative approaches to reduce environmental impact. From having the energy project as the City’s number one priority request to the state legislature in 2019, to approving a package that combined an LED streetlight conversion with this ESCO project in one municipal financing package backed by the energy savings, the City of Santa Fe has demonstrated a model that can be used by cities and organizations across the state.”
– city of santa fe public works Directorregina wheeler
