SMACNA is urging the House to support H.R. 723, “The Energy Savings Through Public-Private Partnerships Act of 2017” sponsored by Rep. Kinzinger (R-IL) and cosponsored by Representatives Welch (D- VT), Love (R-UT) and Perlmutter (D-CO).
In its letter to the House, SMACNA expressed its appreciation for the exceptional leadership given national energy efficiency policy over many years by Rep. Kinzinger, most recently represented by H.R. 723. This legislation would help expand both energy efficiency and jobs if Congress moves to expand the Use of Energy and Utility Saving Performance Contracts (ESPC)s/(USPC)s inside and outside of government.
Under the performance contract financing mechanism, private sector service companies finance and install new energy and water efficient equipment at minimal or no upfront cost to the Federal government. Federal agencies repay this investment over time with funds saved on utility costs. The private sector contractors measure, verify and guarantee these energy savings. In 2011 President Obama released a Directive tasking Federal agencies to issue more than $2 billion worth of performance-based contracting for energy savings over a two-year period. SMACNA and its allied business efficiency Coalitions supported that directive and now supports its continuation by urging the current administration to extend this program for another five years.
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