NEW YORK, Nov. 3, 2010 (GLOBE NEWSWIRE) -- Israel Berger & Associates, Energy and Building Sciences has been selected by New Jersey's Clean Energy Program (NJCEP) as an Approved Partner for the state's Pay for Performance initiative. NJCEP is a statewide program administered by the New Jersey Board of Public Utilities (NJBPU), and its Pay for Performance program is designed to provide incentives to large commercial and industrial customers who comprehensively upgrade their facilities through investments in energy efficiency.
The Pay for Performance Program takes a comprehensive, whole-building approach to energy efficiency, and is comprised of an Existing Buildings component and a New Construction component. As an Approved Partner in both components, IBA will be part of a network that will provide technical services under direct contract to Pay for Performance participants. Acting as an energy expert for participants, IBA will develop an Energy Reduction Plan (ERP) for each project with a whole-building technical analysis via a traditional energy audit, a financial plan for funding any recommended energy efficient measures, and a construction schedule for installation.
"We are very pleased to have been selected as a Pay for Performance Program Partner to help advance energy efficiency within existing commercial and industrial facilities throughout New Jersey," said John Hannum, VP and Director of Israel Berger & Associates, Energy and Building Sciences division. "We share the New Jersey's Clean Energy Program commitment to energy efficiency and we are eager to help participants of this innovative program both assess energy usage and develop a plan for the future."
About Israel Berger & Associates - Energy & Building Sciences
IBA Energy & Building Sciences provides energy consulting services to building owners, developers, managers and architects. IBA offers assessment, benchmarking, auditing, financial incentives, building modeling and non-destructive testing. This division integrates, evaluates, and analyzes energy efficiency measures to promote financial transparency so decision makers can be better informed about potential energy efficiency improvements and return on investments. www.ibany.com
About the New Jersey Clean Energy Program (NJCEP)
New Jersey's Clean Energy Program, established on January 22, 2003, in accordance with the Electric Discount and Energy Competition Act (EDECA), provides financial and other incentives to the State's residential customers, businesses and schools that install high-efficiency or renewable energy technologies, thereby reducing energy usage, lowering customers' energy bills and reducing environmental impacts. The program is authorized and overseen by the New Jersey Board of Public Utilities (NJBPU), and its web site is www.njcleanenergy.com.