
Connecticut's "Lead by Example" program spent $8.3 million of bond funding to achieve $1.5 million in annual energy efficiency savings.
The Connecticut General Assembly and Gov. Dannel Malloy set up the program in 2011, ordering the state Department of Energy & Environmental Protection to find energy efficiency upgrades in state buildings.
"Lead by Example" received $15 million in bond funding to perform projects in state buildings that saved on energy costs. The program also looks for building operational improvements.
The program has spent $8.3 million of its funding, according to its July 2 report to the legislature. The expenditures include $124,000 for Department of Administrative Services to install high efficiency gas boilers at its Hudson Street site in Hartford; $2.5 million for DEEP to perform energy conservation improvements at its facility in Plainville; and $710,000 for Eastern Connecticut State University to put in an automation system at its Allerton Building.
The 37 projects created with the bond money will achieve $1.5 million in annual energy savings. The average return on investment is 5.5 years.
Type your comment here:
| Today's Poll | In the 11 months since Irene, has your business done anything to secure its access to electricity?< |