JOHNSON CITY, TN--(Marketwire - December 4, 2008) - The City of Johnson City announced that
Energy Systems Group (ESG) has been awarded a contract to complete
city-wide facility modernizations and energy conservation measures for 12
schools and 32 city buildings. This project is a combined effort between
the City of Johnson City and Johnson City Schools and is projected to
result in energy savings of 24% for city facilities and 30% for school
facilities.
Under the $10.8 million guaranteed energy savings contract, Energy Systems
Group will provide extensive upgrades which include the installation of new
high efficiency heating and ventilation systems, centralized energy
automation controls, new lighting technology to provide significantly
reduced energy consumption and superior lighting along with the replacement
of outdated plumbing systems with low water use technology devices. Other
key improvement measures include the replacement of old windows, added
insulation and the installation of high efficiency kitchen appliances.
"This partnership with ESG allows the City to continue to be the leader in
our state when it comes to environmental stewardship. It is important to
note that this is a sound economic decision as well. The savings from waste
and energy reduction will more than pay for implementation," said Pete
Peterson, city manager.
In addition to providing the City and School System with over $730,000 in
annual energy savings, Energy Systems Group is helping provide
environmental benefits equivalent to the following:
-- Removal of emissions equivalent to over 1,900 cars per year, or
-- Planting over 3,500 acres of forest annually, or
-- Conserving enough energy to power more than 1,300 homes per year
"This is an innovative, progressive step," said Mayor David P. Roe. "The
City is acting as a role model for our citizens. I think we all have an
opportunity to apply some of these best practices in our own homes,
particularly as the cost of energy continues to rise. We can all be more
conscientious."
"We commend the City of Johnson City on their commitment to renovate City
and School District buildings in a holistic manner. The new equipment will
significantly increase comfort and building functionality while improving
the work and learning environments. Lower energy consumption will also
reduce the City and School System's carbon footprint thus contributing to
the greening of America," said Jim Adams, ESG president.
This project marks the second green energy partnership between ESG and the
City of Johnson City. ESG has designed, built and currently operates the
award-winning Iris Glen Landfill Gas to Energy Facility in partnership with
the City of Johnson City.
About Energy Systems Group
Energy Systems Group (ESG) is an award-winning energy services company
operating from 15 offices throughout the Midwest and Southeast. The core
business of Performance Contracting uses energy efficiency, technology, and
long term financing to help building owners modernize their facilities.
Renewable Energy solutions and assets are adding a whole new dimension to
growth. ESG is a wholly owned subsidiary of Vectren Corporation. To learn
more about ESG, visit
www.energysystemsgroup.com.
About Vectren
Vectren Corporation (
NYSE:
VVC) is an energy holding company headquartered
in Evansville, Ind. Vectren's energy delivery subsidiaries provide gas
and/or electricity to more than one million customers in adjoining service
territories that cover nearly two-thirds of Indiana and west central Ohio.
Vectren's nonutility subsidiaries and affiliates currently offer
energy-related products and services to customers throughout the Midwest
and Southeast. These include gas marketing and related services; coal
production and sales; and energy infrastructure services. To learn more
about Vectren, visit
www.vectren.com.
Contact Information: MEDIA CONTACT
Meram El Ramahi
Energy Systems Group
Tel: (812) 492-3734
E-mail: