Greentech Lead America: Lime Energy, a provider of clean
energy solutions, announced it has entered in to an agreement with Ocean Place
Resort and Spa to implement energy reduction and conservation measures to help
reduce the resort’s consumption by a minimum of 15 percent.
As per the agreement, Lime Energy’s
analysis will establish measures that qualify for NJ Clean Energy Pay for
Performance (P4P) incentives. The investment grade audit follows Lime’s
preliminary audit which identified energy conservation measures and
infrastructure upgrades that would save Ocean Place over 35 percent in annual
energy consumption.
“The combination of Lime’s clean energy expertise and
experience with the P4P program with Ocean Place’s commitment to improve their
facility will result in another best-in-class energy project in New Jersey,”
said Al DiGuilio, vice president of Energy Efficiency.
The P4P audit will evaluate every area of the building
from the envelope down to each piece of mechanical equipment that consumes
energy. The project will be part of a large renovation planned to begin this
fall.
“With over 250,000 square feet of conditioned space,
Ocean Place can play a significant role in energy conservation. Of course, it
is equally important that the energy conservation measures (ECM’S) make
financial sense for the business and operating expenses. The Pay for
Performance Program (P4P) will be a great fit for Ocean Place since it will
have a positive impact on both,” said Dan Walradt, director of engineering,
Ocean Place.
Recently, Lime Energy announced the award of a two-year
contract by Public Service Electric & Gas for the implementation of their
Energy Efficiency Direct Install Program.