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HomeMy WebLinkAboutIR 8818INFORMAL REPORT TO CITY COUNCIL MEMBERS �pRTtA� r a To the Mayor and Members of the City Council me January 23, 2007 Page 1 of 2 SUBJECT: ENERGY CONSERVATION PROJECT EFFECTIVENESS The purpose of this Informal Report is to inform Council of progress with the City's Energy Conservation initiatives developed in response to the State's goals (issued via Senate Bill 5) toward improved air quality. To this end, Johnson Controls, Inc. was selected as the City's energy services company to assist in the development and implementation of energy savings performance contracts (ESPCs) for City facilities. We expect that the first four ESPC phases and the Traffic Signal Lamp Conversion project will generate nearly $2 million in annual utility cost avoidance. "Cost avoidance" is the savings that we accrue in future utility bills. In other words, our annual utility bills will be almost $2 million less after we complete these projects. With increasing utility costs, savings will likely be even more. The projects will pay for themselves in about seven years. The energy savings performance contracts continue to be developed as "cash - neutral" to the City. Construction costs are financed such that accumulated utility savings are available to pay principal and interest payments. Cost savings accrue to the City's General Fund utility accounts. Johnson Controls guarantees ESPC project savings that are tracked and reported through measurement & verification plans. Following is a brief description of the current, major project efforts: ESPC Phase 1 In September 2003, Council authorized the execution of the City's first energy savings performance contract. The project included lighting, air- conditioning and plumbing improvements to City Hall, the Public Safety Building, the West Annex, and to the Meacham Airport Terminal buildings. The project was completed in September 2004. Since that time, we have realized a cost avoidance of $295,846 and $304,546 for City FY's 2004/2005 and 2005/2006 respectively. ESPC Phase 2 In February 2006, Council authorized the execution of "ESPC Phase 2" that includes air - conditioning improvements to the Will Rogers Memorial Center, the Fort Worth Convention Center, and the Central Library buildings. Currently under construction, Johnson Controls has guaranteed that ESPC Phase 2 will produce an annual cost avoidance of $342,855. Construction should be complete by February 2007. ESPC Phase 3 In September 2006, Council authorized the execution of "ESPC Phase 3" that includes follow -on air - conditioning and lighting improvements to Public Events and Library buildings. Currently in ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS vo st �!r 7473 To the Mayor and Members of the City Council No. January 23, 2007 Page 2 of 2 SUBJECT: ENERGY CONSERVATION PROJECT EFFECTIVENESS mobilization, Johnson Controls has guaranteed that "ESPC Phase 3" will produce an annual cost avoidance of $711,324. Construction should be complete by October 2007. Traffic Signal Lama Conversion Project In January 2007, we will present Council with an M &C seeking authority to execute a contract to replace the City's incandescent traffic signal lamps with more efficient light - emitting diode (LED) units. We expect that this project will be completed by October 2007 and will produce an annual cost avoidance of $536,000. ESPC Phase 4 Johnson Controls is conducting a preliminary assessment of the Public Safety and Neighborhood Services facilities. We will present Council with an M &C seeking authority to execute a contract to conduct a detailed energy audit in development of `ESPC Phase 4" in February 2007. We expect that this project will begin in June of 2007, be completed during FY 2007/2008, and will produce an annual cost avoidance of $100,000. Summary The table below depicts each project's construction cost, originally projected annual savings, and the resulting simple payback period. Project Name ESPC Phase 1 Construction $ Cost 3,127,955 Annual 1 Savings 88,612* Simple Payback 11 -years ESPC Phase 2 $ 2,395,659 $ 342,855 7.0 -years ESPC Phase 3 $ 5,198,937 $ 711,324 7.3 -years LED Traffic $ 2,060,000 $ 536,624 3.8 -years ESPC Phase 4 $ 750,000 $ 100,000 7.5 -years All Above $ 13,532,551 $1,979,415 6.8 -years * Actual savings have exceeded original projections Other Conservation Projects are under development. Council briefs will be provided as these plans progress. If you have any questions, please contact Glenn Balog, Facilities Manager in the Transportation and Public Works Department, at (817) 392 -2028. Charles R. Boswell City Manager ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS