Troy- Rensselaer County Executive Kathy Jimino and Legislative Chairman Martin Reid have announced the first year’s results of the County’s Energy Performance Contract with Siemens. As part of the 15 year contract the County paid Siemens $1.6 million to perform energy upgrades to the County Office that included a computerized Energy Management System, new ventilation system, as well as new heating and cooling systems. Under the contract the County is guaranteed to save over $2.6 million on its energy costs during that same 15 year period. For the first year of the contract from May 2011 to April 2012 the County actually realized $252,545 in savings significantly higher than the projected $136,610.
“This is a win-win for the resident of Rensselaer County as we are able to cut the cost of our governmental operations by reducing our energy consumption. Based on the results we have achieved in the County office building we will be looking to implement similar programs in other county owned facilities to further reduce our energy consumption and expenses,” said Rensselaer County Executive Kathleen M. Jimino.
"We are working to protect taxpayers during these challenging economic times and make every dollar count, whether it be through innovative energy purchases, shared services, refinancings or rebids of county insurance policies. It is great to see this energy performance contract not only generating a savings, but actually exceeding our initial expectations and producing a higher savings than initially forecast," said Chairman of the Legislature Martin Reid.