Ameresco, Inc., (NYSE:AMRC), a leading energy efficiency and renewable energy company, announced today it has been awarded an energy performance contract with Miami-Dade County through the Public Housing and Community Development Department (MDPHCD). Ameresco will perform a comprehensive facility-wide audit of energy and water usage and then provide recommendations on how to reduce the $8.6 million that MDPHCD currently spends on energy and water utilities annually in Public Housing. This project comes on the heels of a nationally-recognized energy infrastructure project with the City of Miami Beach, and further expands Ameresco’s role in South Florida.
“We are committed to leveraging our resources to reduce energy and water consumption, and identify potential savings that will have a direct and positive impact on our public housing residents,” said Mayor Carlos A. Gimenez of Miami-Dade County. “Ameresco’s excellent track record of success working in South Florida and with housing authorities across the country to identify potential energy savings will allow Miami-Dade County to further advance our commitment to providing our community with the highest level and most efficient service possible.”
MDPHCD operates over 9,200 units of conventional public housing at several sites throughout the Miami-Dade County area. Ameresco was selected in response to a public Request for Proposals (RFP), which received several submittals. Over the next few months, Ameresco will complete an energy and water consumption audit and make recommendations for conservation improvements. Upon approval by the County and the U.S. Department of Housing and Urban Development (HUD), Ameresco will manage the design and implementation of the retrofit installations.
“The energy performance contracting model allows customers such as Miami-Dade Public Housing and Community Development to stretch limited budgets and maximize value to make much-needed infrastructure upgrades and facility improvements,” stated David J. Anderson, Executive Vice President at Ameresco. “With the near completion of our City of Miami Beach project, we look forward to working with other organizations and communities in South Florida to implement similar energy efficiency and renewable energy solutions funded with the guaranteed energy savings from their existing utility budgets.”
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