Marshfield selectmen unanimously voted Monday night to award a $5 million, 20 year Energy Service Contract to Trane U.S. Incorporated, to install energy efficient systems in town buildings.
The Energy Service Contract or ESCO guarantees Marshfield will reap substantial savings on energy costs for municipal buildings, like schools and other town facilities.
Marshfield’s Facility Manager Brian Adams spoke about the contract and said, “I believe the contract is written for 20 years, but that’s going to be tied to the bonding, so we’re probably going have that for about 10 years, I’m assuming at this point. But our savings is currently guaranteed at $128,000 a year, with this ESCO project”.
Although other places like Quincy have had issues with the quality of their ESCO contracts, especially with companies like Honeywell, Adams says he’s confident in Trane’s ability and workmanship.
“I’m very confident with Trane’s quality and consistency. I’ve actually visited three different sites that Trane has done work in, that’s very similar to the work that we’re proposing here in Marshfield. Seeing it first hand, I’m very confident in the work that they did and that it will be suited very well for the town of Marshfield”, Adams said.