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Chevron Completes Major Energy Efficiency Project for State of
Colorado; Taxpayer Savings of $20 Million Expected
Facility improvements to
reduce energy costs by 25 percent and eliminate 8,000 metric
tons of carbon dioxide emissions
DENVER, Aug. 21 /PRNewswire-FirstCall/
-- Chevron Energy Solutions, a unit of Chevron Corporation (NYSE:CVX)
, today announced the completion of a comprehensive project
for the state of Colorado that significantly improves the
energy efficiency of key government facilities across the
state.
The extensive upgrades to 20
state buildings are expected to reduce energy costs at the
facilities by 25 to 30 percent, saving state taxpayers
$924,000 annually and more than $20 million over the next two
decades. The upgrades also will reduce the facilities' demand
for energy from local utilities, leading to an expected
reduction of about 8,000 metric tons in utility carbon dioxide
emissions -- equivalent to removing 1,500 cars from the road.
The $13.6 million project,
coordinated through the state's Department of Personnel and
Administration, began in 2003 and is funded entirely by the
energy savings generated by the efficiency improvements.
Under the project, Chevron
Energy Solutions completed extensive upgrades to 16 buildings
in Denver, three in Lakewood and one in Grand Junction. The
improvements included upgrading lighting systems; replacing
boilers, chillers and piping (some dating to the 1920s); and
installing new energy-management systems. Along with the
annual energy savings, the state's building operations are
benefiting from improved interior lighting quality and
comfort, reduced maintenance needs, and removal of abandoned
equipment and asbestos in some locations. In addition, a small
portion of the energy savings is funding the installation of a
10-kilowatt photovoltaic solar system at the governor's
residence.
"These upgrades demonstrate
that it's possible to achieve major cost savings through
high-efficiency equipment, while incorporating sustainable
building materials and efficient design improvements," said
Lance Shepherd, project manager, Office of the State
Architect, and project champion. "Through our partnership with
Chevron Energy Solutions, Colorado's state buildings are now
among the most energy-efficient in the nation."
"Like many other states,
Colorado is being challenged by growing energy demand, rising
energy costs, budget constraints and other economic
pressures," said Jim Davis, president, Chevron Energy
Solutions. "Through this initiative, the state of Colorado is
demonstrating that conservation and efficiency are the most
economic sources of 'new' energy, and they reduce greenhouse
gas emissions. We commend the state of Colorado for taking
this positive action on behalf of its citizens."
As a result of the
improvements, three of the buildings have been certified by
the United States Green Building Council through its
Leadership in Energy and Environmental Design -- Existing
Building (LEED -- EB) program for adopting a rigorous set of
sustainability standards that will significantly reduce the
facilities' impact on the environment. The buildings -- the
State Services Building, Human Services Building and Judicial
Heritage Complex, all located in the Colorado Capitol Complex
in Denver -- are the only government facilities in Colorado to
have achieved this distinction.
Based on well-founded
scientific standards, LEED emphasizes state-of-the-art
strategies for sustainable site development, water
consumption, energy efficiency, material selection and indoor
environmental quality.
About Chevron Energy
Solutions
Chevron Energy Solutions
provides public institutions and businesses with
environmentally sound projects that increase energy
efficiency, reduce energy costs and ensure reliable,
high-quality power for critical operations. The company
employs proven technologies to meet customers' specific needs,
including infrastructure technologies, energy controls, solar
power, fuel cells and other systems. Its parent, Chevron
Corporation, is one of the world's leading integrated energy
companies. Chevron is investing across the energy spectrum to
develop energy sources for future generations by expanding the
capabilities of today's alternative and renewable energy
technologies. Between 2002 and 2006, Chevron spent
approximately $2 billion developing alternative and renewable
energy technologies and on delivering energy efficiency
services; the company expects to spend more than $2.5 billion
in these areas between 2007 and 2009. For more information,
please visit
http://www.chevronenergy.com/ and
http://www.chevron.com/.
Source: Chevron Energy Solutions
CONTACT: Steven Spurgeon of
Chevron Energy Solutions, +1-913-748-8663,
or Lance Shepherd of the State of Colorado, +1-303-866-3450
Web site:
http://www.chevron.com/
http://www.chevronenergy.com/
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