Article: Senate Assists Energy-, Cost-Saving Efficiency Program, Advances Fix to Budgeting Quirk, Says Alliance to Save Energy.

WASHINGTON, March 12 /PRNewswire/ -- The Senate has taken a first step towards restoring an important program that improves the energy efficiency of our federal buildings, the Alliance to Save Energy said today. With its unanimous vote on an amendment to the Fiscal Year 2005 Budget Resolution, led by Alliance Vice-Chair Sen. Jeff Bingaman (D-NM) and Sen. James Inhofe (R-OK), the Senate clarified a budgeting quirk that had hampered reauthorization of Energy Savings Performance Contract (ESPC) authority.

Under an ESPC, an energy services company privately finances projects that increase the energy efficiency of a federal facility -- with no up-front costs to the ...

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