Under the agreement, the DoE will provide the US-based energy efficiency firm with $1.35 million to implement the ‘Achieving Energy Efficiency in Small Businesses in Low-Income Areas’ programme.
The initiative was designed to help small businesses in low income areas reduce their energy costs and optimise their operations, while at the same time ensuring the US grid remains stable.
The funds will be issued through the DoE's Office of Energy Efficiency and Renewable Energy.
The energy efficiency programme will target small businesses in Atlanta, Orlando and Houston and will run over a period of three years.
In a statement, Lime Energy said it will use the DoE funding to sign up and help 10,000 small business consumers reduce their energy usage and costs.
Lime Energy will implement the energy efficiency programme in partnership with utility companies, building energy performance organisation ‘Institute for Market Transformation’ and the Houston Advanced Research Centre in Texas.
The firm will also partner with energy alliances, business associations and community organisations in the low-income areas.
Dr. Jason Hartke, manager of Commercial Buildings Integration Programme at the DoE, said: “Buildings in low-income communities face multiple technical and financial challenges to deploying energy efficiency solutions.” [NYSERDA expands industrial energy efficiency programme].
Adam Procell, CEO of Lime Energy added: “... innovative metering technology will help drive all the benefits of energy efficiency deeper and more cost-effectively into the heart of the communities that need it the most.”
In addition to equiping participants of the programme with smart metering and energy efficiency mobile applications, Lime Energy will provide consulting services to participating businesses.
The consulting services will include full onsite energy usage reduction assessment.
The implementation of the project in the three US cities is expected to save $30 million in energy bills and avoid the emission of 17,000 metric tonnes of carbon into the atmosphere over the three year period.
The news follows the release of a report by ACEEE indicating that energy efficiency represents the country’s 3rd largest power sector resource. [Energy efficiency third largest resource in US power sector].
Image credit: www.limeenergy.com.