Fast-Growing U.S. City Teams with Siemens on Comprehensive Energy Efficient Infrastructure Program
Orem, Utah projected to save more than $11 million over course of
15-year performance contract
Siemens has begun working on infrastructure improvements for Orem, Utah,
located adjacent to Provo and 45 miles south of Salt Lake City. Expected
to save the city an estimated $11.4 million in energy and operational
cost savings and capital cost avoidance over 15 years, the initial
project phase of this performance contract will allow Orem to use new
technologies to make necessary capital improvements to meet the needs of
its growing population and continued economic development.
This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20160816005407/en/
Orem City Hall (Photo: Business Wire)
“This project means a lot to our city,” says Orem City Manager Jamie
Davidson. “We’re looking forward to bringing our community upgraded
facilities, and we’re making these improvements with savings we’ll be
generating. We’re confident that these upgrades will help us prepare for
anticipated growth in our city for years to come. In every government’s
quest to ‘do more with less’, using energy savings to make necessary
improvements is a no-brainer.”
Energy efficiency measures include upgrading the city’s 5,182
streetlights with LED bulbs, resulting in a projected annual savings of
$181,000. The project scope also includes building automation
modifications, HVAC enhancements, and building envelope improvements at
the city center, public library, public safety building, senior center,
recreation center, and citywide fire stations. Future infrastructure
improvements may include upgrades to elevators, boilers, and generators,
as well as water-saving technologies.
“Performance contracting has proven to be a cost-effective way for
cities to meet operational and sustainability goals by freeing up
capital for facility and municipal improvements,” says Dave Hopping,
President of Siemens’ North American-based Building Technologies
Division. “These upgrades will help Orem—which is one of the
fastest-growing metropolitan areas in the U.S.—achieve significant
energy savings and support the continued growth the city is
experiencing.”
Siemens has helped its customers realize more than $2 billion in energy
and operational savings over the past 10 years. The company has
implemented more than 1,000 guaranteed performance contract projects for
its customers, updating thousands of buildings with the latest energy
savings technologies. Its energy services and solutions range from
energy savings analysis, to implementation of facility improvement
measures, to ongoing monitoring and verification.
About the City of Orem
The City of Orem is the 5th
largest city in Utah and is located about 40 miles south of Salt Lake
City. Orem has approximately 95,000 residents and is home to Utah Valley
University, Utah’s largest university with an enrollment of more than
33,000. Orem was incorporated in 1919 and is nestled between the Wasatch
Mountains and Utah Lake. Orem is consistently ranked as one of the
safest places in America and one of the best places to raise a family.
About Siemens
The
Siemens Building Technologies Division (Buffalo Grove, Ill.) is the
North American market leader for safe and secure, energy-efficient and
environment-friendly buildings and infrastructures. As a technology
partner, service provider, system integrator and product vendor,
Building Technologies has offerings for fire protection, life safety and
security as well as building automation, heating, ventilation and air
conditioning (HVAC), and energy management.
Siemens
Corporation is a U.S. subsidiary of Siemens AG, a global powerhouse
focusing on the areas of electrification, automation and digitalization.
One of the world’s largest producers of energy-efficient,
resource-saving technologies, Siemens is a leading supplier of systems
for power generation and transmission as well as medical diagnosis. With
approximately 348,000 employees in more than 190 countries, Siemens
reported worldwide revenue of $86.2 billion in fiscal 2015. Siemens in
the USA reported revenue of $22.4 billion, including $5.5 billion in
exports, and employs approximately 50,000 people throughout all 50
states and Puerto Rico.
To receive expert insights sign
up for our Siemens’ U.S. Executive Pulse leadership blog. Follow
us on Facebook
and Twitter at: www.twitter.com/siemensUSA.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160816005407/en/
Copyright Business Wire 2016
