The City of Stamford and the Hartford- and Boston-based electric and gas provider Eversource Energy, formerly operating as Northeast Utilities, have announced a first-in-the-state private-public energy efficiency agreement to save the city more than $1 million in energy costs and reduce negative environmental impacts.
“This agreement with Eversource is helping the city to increase the overall scope of the Energy Improvement District Board”™s energy conservation measure project with ConEdison Solutions by allowing the city to reinvest the saved capital costs back into additional city projects,” said Stamford Mayor David Martin in a media release.
The three-year partnership is part of the city’s Energy Improvement District strategy originally developed under Gov. Dannel P. Malloy during his 14-year tenure as mayor of Stamford between 1995 and 2009.
Stamford officials said the initiative will begin with an evaluation of 16 city-owned buildings by ConEdison Solutions, an energy services company headquartered in Valhalla, N.Y., after which the city and Eversource will develop an energy management plan to integrate energy efficiency measures. The city hopes to reduce electricity use by 12 percent and use 6 percent less natural gas in the buildings by the end of 2018.
City officials said the potential savings amount to an estimated 6Â million kilowatt-hours of electricity and 15.3 million cubic feet of natural gas – the equivalent of 3,862 tons of carbon dioxide emissions avoided or powering 714 homes with electricity for a year.
