Opening of Proposals - Olive WTP Solar GESC Proj No 124-050 - Ameresco Inc

Home Browse Search

AMERESC0 Green • Glean • Sustainable `� Executive Summary This Measurement and Verification (M&V) Report summarizes the Energy Cost, Operational Cost, and Capital Cost Avoidance Savings achieved from the Energy Conservation Measures (ECMs) installed at The City of South Bend, Century Center. The ECMs were implemented in 2015 and 2016 under the Energy Services Agreement (ESA), effective April 28th, 2015 in the amount of $4,855,897. An Amendment to the ESA was executed on December 22"d, 2015 that added a solar photovoltaic system to the project. As a result, the final contract amount was $4,926,784. This is the eighth annual M&V Report that covers year eight of the fifteen -year Guarantee Period that started on the date of final acceptance: October 1ST, 2016. Ameresco guaranteed that the City of South Bend would save $527,608 during year eight of the Guarantee Period. This total Guaranteed Savings amount consists of $103,242 in Energy Savings, $7,466 in Operational Savings, and $416,899 in Capital Cost Avoidance Savings. The Guaranteed Savings are assessed on an annual basis and are comprised of several ECMs that were implemented in the facility. The following table summarizes the individual ECMs implemented and the amount of savings projected for each ECM during year eight of the Guarantee Period. aYear Eight Guaranteed Savings FW_ ECIVI ECM 1— Roofing Replacement Energy Savings $2,021 ECM 2 — Lighting Replacement $25,569 ECM 3 — Lighting II — Upgrades $15,735 ECM 4 — HVAC System Upgrades $57,782 ECM 5 — HVAC Control System Upgrades Included in ECM 4 ECM 6 — Ceiling Tile Replacement and Upgrades $0 ECM 7 — Install Solar PV $2,135 Energy Savings Total Operational Savings $7,466 Capital Cost Avoidance Savings $416,899 Total Guaranteed Savings October 15th, 2024 Page 2