Delivering Energy Savings and Visual Transformation Worth Millions
Energy performance contracts have become an increasingly vital tool that leverages the long term energy savings generated by the installation of energy-efficient building components to finance large projects that oftentimes would not be possible in the current cash crunch facing many housing authorities.
Honeywell Building Solutions was able to provide $21 million in energy performance contract financing for the retrofit of a multi-story 56-year-old building—thanks in part to the use of 75,000 square-feet of an EIF system. The building and an adjacent twin building comprise the Jackson Towers housing complex.