SMACNA Urges Senate to Support S. 239, "The Energy Savings Through Public-Private Partnerships Act of 2017"
In a recent letter to the Senate, SMACNA expressed its support for S. 239, “The Energy Savings Through Public-Private Partnerships Act of 2017” sponsored by Senator Gardner (R-CO) and cosponsored by Senators Coons (D- DE), Portman (R-OH) and Shaheen (D-NH). S. 239 was voted out of the Energy and Natural Resources Committee March 30th and reported to the Senate floor.
S. 239 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. SMACNA’s membership from coast to coast urges the administration to extend this program for another five years.
SMACNA is encouraging additional lawmakers to co-sponsorship of S. 239 and your support for its passage in the Senate as soon as possible.
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