Performance Contracting: Speeding Stimulus Dollars for Energy Programs into Local Economies
Posted by johnsoncontrols on February 23, 2009 05:10 AM
By Joy Clarke-Holmes, Johnson Controls
And so begins what may well be the biggest economic experiment in history. The $780 billion stimulus package signed by President Obama last week is intended to jump-start our economic engine. Will it work? Ask me that question again in a few months, but in the meantime this much is crystal clear: the sooner the money is spent, the sooner we’ll feel the impact.
That’s certainly true for the billions of dollars going to local governments to fund energy efficiency and renewable energy projects. And I can tell you from personal experience there is no faster, more responsible way to get that money into the economy than performance contracting – a funding mechanism that’s been around for more than a decade and is currently available in virtually every state in the union.
Recently, I had the opportunity to talk about how performance contracting can help local governments capture their share of the stimulus spending when I participated in a green tech solutions town hall meeting sponsored by the National League of Cities. Check out the archived version here to find out what hundreds of other cities nationwide have already learned: performance contracting can help them cut their costs, support their sustainability goals and create green jobs for local workers.
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I agree that PC is an excellent procurement vehicle however it requires high trust by laypeople and has been abused too frequently. More visibility and validation is needed to really make a dent in all the work that needs to be done.
http://earthsupply.blogspot.com/2009/03/green-buildings-and-efficient-systems.html
Posted by:
cy thompson |
March 15, 2009 02:53 PM
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