Luzerne County Community College Partners with Ameresco for a Guaranteed Energy Savings Act (“GESA”) Project to Help Reduce the College’s Energy Consumption, Address Critical Capital Improvement Needs, and Upgrade its Energy Infrastructure

Improvements expected to enhance student and staff comfort, deliver
energy savings, address critical capital improvement needs, and reduce
the College’s carbon footprint

FRAMINGHAM, Mass. & NANTICOKE, Pa.–(BUSINESS WIRE)–#communitycollege—Ameresco,
Inc. (NYSE:AMRC), a leading energy
efficiency and renewable
energy company, today announced that Luzerne
County Community College (LCCC) has contracted with Ameresco to
renew and upgrade LCCC’s campus energy infrastructure and to institute
energy efficiency measures at the College. The nearly $8 million
Guaranteed Energy Savings Act (GESA) Energy Performance Contract (EPC)
project is expected to save the College more than $576,000 annually in
energy costs and operation and maintenance (O&M) savings for the next 15
years. In addition, the College will earn $122,757 in energy rebates and
incentives as a result of implementing these measures under the GESA
project.

“The GESA project provides an excellent mechanism for us to upgrade our
energy infrastructure while also addressing critical capital improvement
needs without any capital costs,” says Thomas P. Leary, President, LCCC.
“We are pleased to partner with Ameresco on this project which will
enhance our facilities on campus while at the same time help the
environment and provide a cost savings to the College.”

“Ameresco is excited to partner with LCCC to develop and implement a
customized GESA solution to address the College’s efficiency
requirements and to upgrade its energy infrastructure,” stated David J.
Anderson, Executive Vice President, Ameresco. “Employing a GESA project
is financially responsible, it’s budget-neutral, enhances comfort, and
prudently supports the College’s energy and sustainability strategy.
Once complete, this energy program will significantly reduce the
College’s energy demands and costs campus-wide.”

The project includes energy efficiency and infrastructure upgrades to 17
campus buildings and over 474,900 square feet of space, and consists of
16 Energy Conservation Measures (ECMs) that will prove entirely
self-funded within the 15-year repayment term. Ameresco services include
project development engineering, GESA project modeling, ECM detailed
design and engineering, project construction management, equipment and
systems start-up and commissioning, post-construction monitoring, energy
rebate application management, energy savings measurement and
verification (short-term), and training of LCCC staff on all installed
equipment and systems.

Some key capital improvements include the replacement of 21 outdated
electric-resistance heating Roof Top Units (RTU), Heating and
Ventilation Units (H&V), and Air Handling Units (AHU) with 21 new,
natural gas fired RTU’s and AHU’s. This ECM included an energy/fuel
conversion from electric heat to new more energy efficient natural gas
supply and natural gas fired equipment and technology. Other
improvements for LCCC include campus-wide LED lighting upgrades
(interior, exterior and parking lot) and controls, a new chiller, HVAC
control re-commissioning and upgrades, Variable Frequency Drives (VFD)
installations, new energy efficient transformers, building infiltration
reductions, water conservation measures, and new premium efficiency
motor installations.

The GESA energy efficiency project is expected to reduce energy use by
4,571,800 kWh annually, and save LCCC more than $11,000,000 over the
15-year repayment term. It will also help to reduce the College’s
greenhouse gas and carbon emissions by approximately 41,000 pounds. Work
for the project will begin this fall.

About Luzerne County Community College (LCCC)
Luzerne County
Community College (LCCC) is a public two-year college serving the
residents of Luzerne County and the surrounding area throughout
northeastern Pennsylvania. The College’s mission is to provide
excellence in education, foster student success in achievement of goals,
and positively impact Luzerne County and the surrounding northeastern PA
region. The College offers 82 occupational programs (including degree,
certificate and diploma programs) and 24 liberal arts/transfer programs.
The College also offers non-credit career training programs and
customized workforce development programming. Credits earned at LCCC are
transferable to other accredited colleges and universities nationwide.
The College is celebrating its 50^th Anniversary in 2017. For
more information, go to www.luzerne.edu.

About Ameresco, Inc.
Founded in 2000, Ameresco, Inc.
(NYSE:AMRC) is a leading independent provider of comprehensive services,
energy efficiency, infrastructure upgrades, asset sustainability and
renewable energy solutions for businesses and organizations throughout
North America and Europe. Ameresco’s sustainability services include
upgrades to a facility’s energy infrastructure and the development,
construction and operation of renewable energy assets. Ameresco has
successfully completed energy saving, environmentally responsible
projects with Federal, state and municipal governments, healthcare and
educational institutions, housing authorities, and commercial and
industrial customers. With its corporate headquarters in Framingham, MA,
Ameresco has more than 1,000 employees providing local expertise in the
United States, Canada, and the United Kingdom. For more information,
visit www.ameresco.com.

The announcement of a customer’s entry into a project contract is not
necessarily indicative of the timing or amount of revenue from such
contract, of the company’s overall revenue for any particular period or
of trends in the company’s overall total construction backlog. This
project was included in our previously reported fully-contracted backlog
as of June 30, 2017.

Contacts

Luzerne County Community College:
Lisa Nelson, 570-740-0732
or
Ameresco:
CarolAnn
Hibbard, 508-661-2264
[email protected]