Today, the National Electrical Manufacturers Association (NEMA) voiced its support for the Gardner-Welch Energy Savings through Public-Private Partnerships Act of 2013.
“Reps. Gardner and Welch have shown themselves to be forward-thinking and practical on the issue of energy efficiency, including their service as founding members of the Energy Savings Performance Caucus,” said NEMA President and CEO Evan R. Gaddis. “We commend their initiative on the Gardner-Welch Act, and will offer the full support of our members from introduction to enactment.”
According to Gaddis, Energy Savings Performance Contracts (ESPCs) are a successful result of corporate-government partnerships.
“By utilizing innovative public-private financing to retrofit government buildings at no cost to the taxpayer, ESPCs are a triple-win: they create jobs, upgrade facilities, and save energy and money,” he said.
NEMA is the association of electrical equipment and medical imaging manufacturers, founded in 1926 and headquartered in Rosslyn, Virginia. Its nearly 400 member companies manufacture a diverse set of products including power transmission and distribution equipment, lighting systems, factory automation and control systems, and medical diagnostic imaging systems. Total U.S. shipments for electroindustry products exceed $100 billion annually.
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