A total of 39 housing developments in New Jersey will get energy efficient upgrades estimated to save as much as $78 million in energy costs over the next 15 years. Constellation Energy and the Newark Housing Authority have announced signing an energy performance contract for $50 million to undertake the upgrades.
The housing authority expects to save 102 million gallons of water and avoid the creation of 16,596 metric tons of carbon dioxide annually as a result of the upgrades. Changes include: energy efficient lighting, controls to reuse waste heat, low-flow toilets, shower heads and faucets, and decentralization of the heating and hot water systems.
The deal allowed the housing authority “to conduct another round of physical improvements at our properties while saving millions of dollars on energy costs,” Keith Kinard, executive director of Newark Housing Authority said in a statement. “Additionally, these improvements will help to reduce NHA’s carbon footprint and ensure a healthy and sustainable community for our more than 10,000 residents.”
In addition to saving on energy costs in years to come, the newly signed contract should also help create jobs. Constellation Energy is expected to hire 60 people in the Newark area during the design and construction of the upgrades. Another 200 people will be involved in providing materials and services for the project. Additional jobs will be created to supervise the work, which is expected to be completed by fall 2013.