[Congressional Record (Bound Edition), Volume 159 (2013), Part 6]
[House]
[Page 8173]
[From the U.S. Government Publishing Office, www.gpo.gov]




                  ENERGY SAVINGS PERFORMANCE CONTRACTS

  (Mr. WELCH asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. WELCH. Mr. Speaker, the Federal Government spends more than $6.5 
billion on energy costs every year to heat, cool, and power roughly 
500,000 buildings and facilities.
  Currently, the administration is auditing Federal agencies for cost 
savings and has found billions of dollars that are available in 
savings.
  Here's how they work:
  Energy savings performance contracts allow a public-private 
partnership where the Federal agency contracts with an energy service 
company to conduct energy audits and design and implement energy-saving 
improvements. There is no cost to the taxpayer. The payment to the 
contractor comes from savings that are reaped down the line.
  It's a win-win-win for the taxpayer, the economy, and the 
environment. ESPCs lead to local, nonexportable jobs. In fact, every 
million dollars of ESPC contracting results in the creation of 10 local 
jobs. ESPCs have already proven themselves to drastically reduce carbon 
emissions and water usage at Federal facilities.
  This is something we can and should do together: save money, create 
jobs, and improve the environment.

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