Connecticut Launches Energy Upgrade for State Buildings
October 23, 2013
Connecticut Valley Hospital will receive $30 million as the first state project selected for major infrastructure upgrades under a new program that allows Connecticut state agencies and municipalities to enter into performance contracting agreements with energy service companies. The comprehensive energy retrofits at CVH, which will be paid for through future guaranteed energy savings, will bring highly efficient energy systems to the hospital’s buildings, according to an October 2 press release.
The performance contracting framework is being employed under the Lead by Example program. In addition to its performance contracting program, Lead by Example has allocated more than $10 million to 41 different energy efficiency projects across state government, with an average payback period of less than six years. See the Connecticut press release.