ABM to Reduce Energy and Operating Costs of Boaz City Schools by More Than $6.8 Million
ABM Industries Incorporated (ABM)
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Source: GlobeNewswire
ABM’s Energy Performance Contracting Program Allows School System to Update Infrastructure Using Energy Savings NEW YORK, Oct. 16, 2018 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, has initiated an Energy Performance Contracting program for Boaz City Schools in Boaz, Alabama. ABM's customized solution is projected to save Boaz City Schools more than $6.8 million in energy and operating costs over a 15-year period, which the school system will utilize to cover the costs of the facility upgrades. The project launched in September 2018 and is scheduled for completion in May 2019. Energy and operations savings will be achieved by implementing lighting, HVAC and control upgrades at each of the school system’s six facilities. The upgrades will save Boaz City Schools more than $400,000 in energy and operating costs in the first year, which will climb during the life of the program, resulting in savings of over $6.8 million. Boaz City Schools selected AB
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