A unit of Chevron, Chevron Energy Solutions (CES), has been awarded a master contract by the US Department of Energy (DOE) to work with federal agencies to reduce energy and water consumption and increase the use of renewable energy at agency facilities.
The DOE contracts, handed out to 16 energy contractors, will have a five-year term with the option to increase up to a total of 11 years. The Energy Savings Performance Contracts (ESPC) is intended to provide quality design, implementation, operation, and maintenance services for federal agency energy projects. Federal agencies are allowed to use these contracts for federal facility energy efficiency projects both nationally and internationally.
The Energy Policy Act of 2005 and the Energy Independence and Security Act of 2007 require federal agencies to achieve a 30% reduction in energy intensity and a 16% reduction in water use by 2015. They also require an increase in renewable energy use by federal facilities to 7.5% of electricity needs by 2013. The new DOE contracts are intended to help federal agencies achieve these mandated targets by working in partnership with the private sector.
"We are extremely pleased to be awarded one of the Department of Energy’s new master energy performance contracts,"