Yearout Energy Services

Integrated solutions for energy savings and management.

yearout energy

Yearout Energy Recognized as a “Best Place to Work” for 2021

yearout energy best places to workYearout Energy is pleased to announce that they have been named one of 40 finalists in “Best Places to Work 2021” in New Mexico by Albuquerque Business First.

As a finalist, Yearout Energy is recognized for providing a comfortable job atmosphere for its staff and employees and providing outstanding benefits and job structure that provides an enjoyable work environment.

Albuquerque Business First uses employee surveys to determine the honorees and awards the title of “Best Place to Work” to organizations that score the highest on these surveys categorized by their size.

Yearout Energy was recognized in the small business category. Read more about the award here.

About Yearout Energy

Yearout Energy was established to serve as a client-centric firm delivering turnkey guaranteed integrated solutions that optimize operational performance, design, efficiency, productivity, and maintenance of a wide range of facilities and infrastructure. Yearout Energy has assembled a team of highly experienced professionals from the energy services industry and has grown to become one of the premier Energy Services Companies (ESCO) delivering high-performance projects in the Southwest. Yearout Energy is an approved provider of Guaranteed Energy Savings Performance Contracts in New Mexico, Colorado, Arizona, and Texas. Yearout Energy is also on the DOE list of approved ESCOs for the federal sector.

City of Santa Fe Increases Sustainability Through Multimillion-Dollar Project with Yearout Energy

SANTA FE — February 25, 2021 — Yearout Energy, an Energy Services Company (ESCO), announced that they have been approved to implement a $15.4M project with The City of Santa Fe. This project will mark the largest contract of its kind undertaken by the City of Santa Fe — to date.

The project will reduce the energy and water consumption at more than 90 buildings across 38 sites throughout the City; while supporting the goal of shifting the City of Santa Fe to carbon-neutral by 2040. The project is a partnership between the City of Santa Fe, Santa Fe County, and the Buckman Direct Diversion Facility (BDD).

In 2019, the City of Santa Fe placed a solar project as a top priority for the state legislative session and appropriated $925,000 to install behind-the-meter solar arrays at several City facilities. Yearout Energy was selected as one of seven pre-qualified ESCOs in New Mexico to assist with renewable energy and other efficiency improvements.

As the first step, Yearout Energy performed an investment grade audit (IGA) of 22 city buildings to identify and co-develop facility improvement measures that would allow the City of Santa Fe to leverage future utility and operational savings through a Guaranteed Energy Savings Performance Contract (GESPC). Upon completion of the IGA, Yearout Energy provided a proposal to the City of Santa Fe outlining the project scope, conceptual design, costs, and savings for a wide range of facility improvements. Together, key City stakeholders and Yearout Energy put together a plan to creatively package, finance, and undertake a project of this magnitude.

“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,” said Regina Wheeler, City of Santa Fe, public works director.

The City of Santa Fe is projected to save $752,137 in utilities and $27,643 in operations and maintenance costs in the first year alone. The City of Santa Fe is also estimated to receive $230,392 in rebates from their utility providers. In addition to cost savings, the City will reduce

their direct annual electricity, natural gas, and water consumption by 7,255,538 kWh, 28,486 therms, and 2,007,000 gallons, respectively. This results in an annual GHG emission reduction of more than 6.7M pounds of carbon dioxide; equivalent to planting 836 acres of trees, annually.

“Throughout the IGA process, it’s been great working with the City of Santa Fe staff and being able to develop a project that will save the city roughly $780,000 in operational costs in the first year,”  said Danny Alkon, project development engineer for Yearout Energy.

The measures selected for implementation include:

  • Upgrading 9,000 existing lighting fixtures to LED technology
  • Installing 2.75MW of renewable energy (solar photovoltaic)
  • Upgrading 760 domestic water fixtures for reduced consumption
  • Remediating ~200 square feet of building envelope leaks
  • Installing 28 high-efficiency transformers
  • Replacing the roof at the Canyon Road Water Treatment Plant
  • Repairing the solar carports at the Genoveva Chavez Community Center

###

Yearout Energy Helps Western New Mexico University Through Facility Improvement Project

western new mexico university energy efficiency project

SILVER CITY — October 23, 2020 — Yearout Energy, an Energy Services Company (ESCO) headquartered in Albuquerque, announced that they have begun work on a $6.9M project with Western New Mexico University (WNMU). The project will help decrease energy and water utility costs, reduce the University’s carbon footprint, and increase the amount of onsite renewable energy generated across campus.

Yearout Energy performed an investment grade audit (IGA) across the entire WNMU campus to identify and co-develop facility improvement measures that would allow the university to leverage future utility and operational savings through a Guaranteed Energy Savings Performance Contract (GESPC).

“Between the facility upgrades, the savings, and optimization of energy performance this project is a win-win for students, faculty, and staff across campus,” said Kevin Matthes, WNMU associate vice president of facilities and operations.

WNMU is projected to save $211,274 in utilities and $12,818 in operations and maintenance costs in the first year alone. WNMU is also estimated to receive $75,000 in rebates from their utility providers. The project is expected to deliver a total annual utility cost reduction of 22 percent from current expenditures. These cost savings will be used to self-fund the campus-wide improvements included in the project scope.

“We are excited to assist WNMU implement measures that can help them upgrade their facilities and reduce their energy consumption,” said Ryan Jewell, business development manager for Yearout Energy.

The measures selected for implementation comprise:

  • Complete overhaul of the electrical and mechanical systems at Harlan Hall;
  • Upgrade approximately 8,500 existing lighting fixtures to LED;
  • Install 420 kW DC of new solar photovoltaic carports;
  • Upgrade domestic water fixtures and irrigation controls to conserve water;
  • Upgrade kitchen ventilation controls to optimize energy performance;
  • Upgrade over 1,500 kVA of low voltage transformers to high-efficiency units;
  • Remediate over 140 square feet of leaks in the existing building envelopes.

###

 

ABOUT YEAROUT ENERGY

Yearout Energy was established to serve as a client-centric firm delivering turnkey guaranteed integrated solutions that optimize operational performance, design, efficiency, productivity, and maintenance of a wide range of facilities and infrastructure. Yearout Energy has assembled a team of highly experienced professionals from the energy services industry and has grown to become one of the premier Energy Services Companies (ESCO) delivering high-performance projects in the Southwest. Yearout Energy is an approved provider of Guaranteed Energy Savings Performance Contracts in New Mexico, Colorado, Arizona, and Texas. Yearout Energy is also on the DOE list of approved ESCOs for the federal sector. For more information, please visit www.yearoutenergy.com.