Performance contracting lets future energy savings pay for the entire cost of commercial energy efficiency projects. Not only does this save money for those who take advantage of performance contracting, but also it reduces energy consumption and that is good for the environment. More than 60,000 residents have benefited from this program since 1976. This program has led to decreases in energy consumption. The timing of this program could not be better for those wishing an extra layer of backup for possible Y2K power shortages.
Solar energy is a clean and abundant resource in Colorado that many can take advantage of.
OEMC also has a number of programs under development. One program involves fuel cells. Fuel cells operate like batteries. A fuel cell will produce electricity and heat, and can decrease air pollution. The U.S. Department of Energy projects that if 10 percent of the nation s automobiles were powered by fuel cells, regulated air pollutants would be cut by one million tons per year and 60 million tons of carbon dioxide would be eliminated.