NRHA Seeks Energy Savings at Assisted-Rental Properties

For More Information: 

Kelly R. Williams

For Immediate Release
Release Date: 
Mon, 03/29/2010

Norfolk Redevelopment and Housing Authority (NRHA) has entered into an agreement with Ameresco, for energy performance contracting services. Ameresco will identify and evaluate energy-saving opportunities at 13 assisted-rental housing properties, consisting of more than 3,500 units.

Beginning in April, Ameresco will conduct an investment-grade energy audit to determine energy improvement needs, as well as design and install equipment/systems that will create energy savings.
Energy performance contracting is an innovative financing technique that uses cost savings from reduced energy consumption to repay the cost of installing energy conservation measures. It allows building users to achieve energy savings without upfront capital expenses. Energy improvement costs are borne by the performance contractor and paid back out of the energy savings. Other advantages include use of a single contractor to do necessary energy audits and retrofit and to guarantee the energy savings from a selected series of conservation measures.
According to recent Department of Housing and Urban Development (HUD) studies, assisted-rental housing is less energy efficient on a per-square-foot basis than residential households. Based on audit results there may be potential to significantly reduce operating costs.

About NRHA: 

Founded in 1940, NRHA is a national leader in community revitalization and fostering sustainable mixed-income communities. As the largest redevelopment and housing authority in Virginia, NRHA plays a key role in making Norfolk the city of choice to build, work, live and play.

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