Energy Committee Hears Testimony on Gardner Efficiency Legislation
Washington, DC – Senator Cory Gardner (R-CO) announced today that the U.S. Senate Committee on Energy and Natural Resources has heard testimony on S. 858, the Energy Savings Through Public-Private Partnerships Act of 2015, which is cosponsored by Senator Coons (D-DE), Senator Portman (R-OH), and Senator Shaheen (D-NH). More information about the bill, including its full text, is available here.
The Act would encourage the increased use of Energy Savings Performance Contracts (ESPCs) and Utility Energy Service Contracts (UESCs) in federal facilities. ESPCs and UESCs are innovative public-private partnerships in which private companies use their own money and resources to make energy-efficiency and utility-efficiency upgrades to federal buildings. In exchange for making those upgrades, those private companies receive a portion of the money saved as a result of the increased efficiency in federal buildings. ESPCs and UESCs create private sector jobs upgrading the federal government’s estimated three billion square feet of office space at no real cost to taxpayers.
“I’m excited by the progress being made on this important legislation,” Gardner said. “Today’s hearing was a key step towards eventual passage of this legislation, which would create jobs and make our federal government more efficient at the same time. This is the kind of bipartisan, jobs-creating legislation that should be Congress’ main focus. I’d like to thank my cosponsors for their support and hard work on this legislation, and Chairman Murkowski for scheduling and holding today’s hearing. I’m committed to seeing this bill through all the way to its signing into law.”
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