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ABM’s Bundled Energy Solutions Program Provides Significant Cost Savings For Client; Real-World Experience For Its Students

Stocks in this article: ABM

ABM (NYSE:ABM), a leading provider of integrated facility solutions, announced today its ABM Building Solutions division is partnering with Washington-Holmes Technical Center in Chipley, FL to provide the higher education institution with major energy upgrades through its Bundled Energy Solutions (BES) Program. The initiative is expected to save Washington-Homes Technical Center an estimated $2 million.

ABM’s Bundled Energy Solutions Program has been designed as a financial solution to meet clients’ technical facility needs. ABM’s goal is to drive costs out of clients’ operating budgets in a manner that allows them to reallocate funding for other facility enhancements.

The project, which is scheduled to be completed by August of this year, will reduce energy consumption on Washington-Holmes Technical Center’s 26-acre campus by over 1 million kWh per year. Along with significant utility and operating savings, ABM is set to offer students in the school’s Building Trades Program hands-on experience with the project. This innovative concept was a compelling bonus for the Washington-Holmes administration, as students will be allowed to walk through ABM’s tested and proven solutions – the process will include a field survey to challenge students to identify opportunities, note potential alterations that are code compliant, and create solutions alongside ABM to improve the campus’ efficiency.

“This is a wonderful opportunity to provide our students with career and technical training that can better prepare them for a competitive workplace,” said Martha Compton, director of Washington-Holmes Technical Center. “The students are an intricate part of the process and will benefit greatly from this learning experience. It is this type of outside-the-box thinking that we must promote moving forward. What could be better than finding a practical way to help our students learn while improving our facility?”

Key renovations ABM is set to provide the 15 buildings on campus include retrofitting light fixtures with new high-efficiency T-8 fluorescent lamps and ballasts; renovating exhaust systems in certain buildings for improved air circulation; installation of a campus-wide, web-based HVAC control system, allowing the school to better manage energy use as well as notify appropriate staff should any problems arise with the equipment; and 63 HVAC units will be replaced with high-efficiency equipment that exceeds a Seasonal Energy Efficiency Ratio (SEER) of 15.

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