MILAN, NEW MEXICO. — January 6 — Yearout Energy, an Energy Services Company (ESCO), has been approved to implement a $3.6M project with New Mexico Department of Transportation (NMDOT) District 6.
In January 2021, NMDOT engaged Yearout Energy to perform an Investment Grade Audit (IGA) of 14 buildings located at the District 6 Complex in Milan, NM. The objective of the IGA was to assess current facility conditions and identify opportunities to improve overall operations and performance through an Energy Performance Contract (EPC). The project encompasses upgrading existing light fixtures to LED technology, new HVAC equipment and controls, installation of a solar photovoltaic carport, installation of battery energy storage to supplement existing emergency generator capabilities, electric vehicle chargers, remediation of building envelope air leaks, and domestic water fixture upgrades for water conservation. These sustainability measures will reduce energy and water consumption, utility and operational costs, generate clean renewable energy, and standardize equipment.
“New Mexico typically averages more than 280 days of sunshine, said Project Development Engineer, Keenan Marquez. “This project will take advantage of that natural resource through the solar photovoltaic system along with a variety of other technologies that will benefit NMDOT.”
A fundamental benefit of Energy Performance Contracts is the ability to leverage savings from measures with quicker returns to supplement the funding of essential infrastructure improvements and other mission-critical needs.
“We [NMDOT] really appreciate the ability to leverage both cost savings mechanisms as well as upgrading our buildings through these facility improvement measures,” said NMDOT District 6 Administrator, Angela Baca. “We’re really looking forward to improving performance, reducing energy consumption, and making progress toward carbon reduction.”
Project implementation will commence in January 2022 and will take approximately 12-months to complete construction.
In all, Yearout Energy was able to provide the following to NMDOT:
- Year 1 Guaranteed Utility Savings: $30,425
- Year 1 Operation and Maintenance Savings: $1,379
- Estimated Utility Rebate: $30,664
- Reduction in Annual Utility Costs: 38%
- Reduction in Annual Emissions: 350,106 lbs. CO2 equivalent.
ABOUT YEAROUT ENERGY
Yearout Energy is a mission-driven firm delivering turnkey guaranteed integrated solutions that optimize operational performance, design, efficiency, productivity, and maintenance of a wide range of facilities and infrastructure. Yearout Energy has assembled a team of highly experienced professionals from the energy services industry and has grown to become one of the premiere Energy Services Companies (ESCO) delivering high-performance projects in the Southwest. For more information, please visit www.yearoutenergy.com.