In June 2010, AMP signed a contract with the Vermont Energy Investment Corporation (VEIC) to provide a wide range of energy-efficiency and implementation services for subscribing AMP members under the Efficiency Smart moniker. Founded in 1986, VEIC is a non-profit agency that operates Efficiency Vermont – the nation’s first statewide energy efficiency utility.
Efficiency Smart is a comprehensive energy efficiency program administered for American Municipal Power, Inc. (AMP) by the Vermont Energy Investment Corporation (VEIC). Efficiency Smart provides a wide range of energy efficiency and implementation services for subscribing AMP member utilities (see link to participating communities). Launched in January 2011, the new venture is to encourage residential, business and industrial customers to adopt cost-effective energy efficiency services and systems that provide reliable and verifiable energy savings. In addition to lowering customers’ energy bills through efficiency, the Efficiency Smart program will provide technical resources to participating utilities, stimulate local economies, and establish a platform for sustainable growth.
Efficiency Smart services include rebates for energy-efficient appliances and lighting, financial rebates and free removal of old, inefficient refrigerators and freezers from homes, and rebates for over 70 energy efficient products and services for businesses. Efficiency Smart also offers account management services and customized incentives for large commercial and industrial customers.
The 3-year performance-based contract between VEIC and AMP, valued at approximately $21 million, has the potential to cumulatively save participating member utilities 70,000 MWh of energy. All savings will be independently verified and guaranteed – if the goals are not met, municipalities will be refunded for the savings not delivered.
For more information, and to find out how AMP members can enroll in Efficiency Smart, contact Randy Corbin, assistant vice president for energy policy and sustainability 614-540-0844, email@example.com.