Two U.S. Navy facilities in Virginia will be the first beneficiaries of a Department of Energy program to place performance-based geothermal heat pump projects at federal facilities throughout the nation.
DOE expects the contracts to provide $500 million in jobs while saving 20-40 percent in energy consumption at each site. Any of the 500,000 federal sites in the U.S. may use the contracts.
During the term of the contract, the selected companies finance and implement the projects in exchange for a percentage of the energy cost savings. After the contract expires, the government keeps all remaining cost savings. DOE expects to save close to $10 billion.
(Visited 39 times, 4 visits today)
Loading...