August 9, 2018 - 9:05 AM EDT
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Fairbanks Energy Services and RENEW Energy Partners Help Chelsea, Massachusetts-Based Signature Breads Save Over Two Million Kilowatt Hours Through Energy Efficiency Upgrades

CHELSEA & HINGHAM, Mass.

Design and installation of LED Lighting and Building Management System by leading energy conservation provider has yielded an annual saving of more than $200,000 while securing utility incentives and rebates of more than $320,000

Fairbanks Energy Services, a full-service design/build energy conservation firm and developer of comprehensive commercial and industrial efficiency projects, announced today the completion of extensive energy efficiency upgrades for the 280,000 square foot manufacturing facility of Signature Breads, an independent, employee-owned commercial bakery. RENEW Energy Partners, a firm specializing in energy-efficiency-as-a -service, provided the turnkey project development, funding and services contract for the project.

The LED lighting upgrade took place throughout the entire 280,000 square foot facility and included lighting controls where needed. In addition to the production facility, lighting of the reception areas, hallways, office space, server room, bathrooms and parking lot were also upgraded. In all, more than 1,200 fixtures were replaced.

In addition to the LED lighting project, a Building Management System (BMS) was installed which can be accessed through the Signature Breads’ VPN, enabling the company to dynamically control various operations within the facility to maintain maximum efficiency. The BMS also provides the operation’s team with snapshot of equipment operating status, as well as the ability to modify schedules and setpoints. Additionally, the upgrades will provide a better working environment for the company’s employees.

“Signature Breads is extremely happy with the efficiency upgrades that Fairbanks Energy designed and implemented,” said Tony Rodriguez, Managing Partner of Signature Breads. “Not only will these upgrades have a significant impact on our bottom line, they will also reduce our energy consumption while providing employees with a more comfortable working environment.”

The results of both the LED lighting retrofit and BMS installation are vast and the RENEW Energy Service Agreement provides Signature Breads with no up-front investment and immediate annual savings. Under the RENEW efficiency-as-as-service model, RENEW funds, owns and operates the energy conservation measures and charges a service fee that is less than the savings generated.

“RENEW was thrilled to partner with Fairbanks Energy and Signature Breads to deliver energy savings, operational improvement and carbon reductions through our RENEW It Now approach,” said Stephen Pritchard, Principal and Co-Founder of RENEW.

“Fairbanks Energy is very pleased with the results from this energy efficiency upgrade, as well as the sizeable incentives that we were able to secure on behalf of Signature Breads,” said Peter Fairbanks, President of Fairbanks Energy Services. “Signature Breads’ comprehensive efficiency efforts will continue to yield numerous benefits for years to come from both an environmental standpoint, as well as a bottom line impact.”

About Fairbanks Energy Services

Fairbanks Energy Services is a full-service design/build energy conservation firm dedicated to providing cost-effective retrofit solutions for our clients. Our comprehensive approach and deep knowledge of federal, state and municipal incentive programs allows us to identify, develop and install solutions that maximize savings while minimizing capital outlay. The team’s 30 years of experience in providing energy conservation services for commercial and industrial clients throughout the country allows Fairbanks Energy to create energy-saving solutions that are also aligned with the comfort, aesthetics, and budgetary needs of clients and their employees.

Learn more at http://www.fairbanksenergy.com.

About RENEW Energy Partners

RENEW Energy Partners is a company committed to addressing the challenges of climate change by accelerating the adoption of energy-efficiency solutions. The company has raised a multi-million-dollar capital pool from "impact investors" which it uses, in combination with its turnkey energy-efficiency services and industry partnerships, to fully fund and execute energy-efficiency projects for building owners.

Learn more at http://www.RenewEP.com.

Milldam Public Relations
Adam Waitkunas, 978-828-8304
[email protected]


Source: Business Wire (August 9, 2018 - 9:05 AM EDT)

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