Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  NorthWestern Corp    NWE

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

NorthWestern Corp : City of Billings Receives $361,431 in Rebates for Energy-Efficient Lighting Projects

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/08/2013 | 10:54pm CET



Billings, Mont. - July 8, 2013 - NorthWestern Energy presented the City of Billings with $361,431 in E+ Efficiency Plus Commercial Lighting rebates for High-Efficiency Lighting Design retrofits in the city's parking garages ($227,428.50) and at Logan International Airport ($134,002.70).  An additional $161,316 in rebates is pending for lighting projects at the City Hall, Park III and the Billings Operations Center (BOC) to be completed later this year.  All these projects result in a combined total of $522,747 in rebates.

The benefits for the city extend beyond the rebates, as all these projects are estimated to reduce energy consumption by 242 kilowatts (kW) in monthly demand and save over 2.589 million kilowatt hours (kWh) per year; an amount roughly equal to the average electric usage of 3,450 homes for a month. 

To qualify for these High-Efficiency Lighting Design rebates, the city was required to install energy-efficient lighting and controls throughout the buildings involved in these projects. Thousands of pieces of energy saving equipment, including T5 fluorescent lights, electronic ballasts, hard-wired CFL fixtures and occupancy/daylight sensors were installed in Park I and II Parking Garages, the Airport Terminal and the ARFF (Operations) buildings. 

These lighting projects were initiated several years ago by a team composed of city staff, utility representatives and consultants working together to identify energy savings.  The team included Saree Couture, Mark Evangeline and Boris Krizek from the City of Billings, Dave Bausch and Debbie Singer with NorthWestern Energy, Dave Houser with the National Center for Appropriate Technology (NCAT), Justin Hyatt with DNV KEMA Energy & Sustainability; and McKinstry Essention, Inc., who is the performance contracting company that conducted the energy audit study of the facilities. Local contractors completed the majority of the construction and installation of the energy saving equipment.

The city and NorthWestern Energy have worked in partnership to improve the energy efficiencies in city facilities, and reduce energy consumption while reducing operating costs.  "The City of Billings has been a leader in energy management for years, by looking for opportunities to save energy, participate in the utility's energy efficiency rebates and alternative energy programs," said Deborah Singer, NorthWestern Energy's Senior Key Account and Economic Development Specialist.

In addition to the recent lighting projects, several previous city energy efficiency projects qualified for nearly $593,000 in NorthWestern Energy rebates, credits, grants or incentives, including these projects.

  • Since 1999, the City of Billings has utilized $409,677 in Large Customer Universal System Benefit (USB) credits to install energy-efficient motor equipment at the Wastewater and Water Treatment Plants, Water Pumping Stations and a lighting project at the BOC. 
  • The city received a $45,000 NorthWestern Energy E+ Business Partners rebate for the Public Works Street/Traffic Department's installation of LED red/green traffic signal lights and pedestrian signage at intersections throughout the city in 2005-2006.
  • The airport received $10,663 in rebates in 2012 for installing variable frequency motor drives and a lighting project.
  • An energy efficient HVAC equipment upgrade at City Hall in 2008 and energy efficient lighting projects at Fire Stations 1 & 4 (2005 and 2011) resulted in $5,784 in rebates.
  • The city received a total of $121,823 in NorthWestern Energy E+Renewable Energy Grants for the installation of 10.7 kW in solar photovoltaic systems at Fire Stations 3 & 6, the Billings Parks & Recreation Community Center and the downtown MET Transit Center.
  • In addition, city staff have attended NorthWestern Energy's training programs including; E+ Green Motors, Building Operators Certification, and Commercial Lighting. Staff recently participated in an intensive yearlong cohort activity with other NorthWestern Energy customers to incorporate strategic energy management practices into the operations of city facilities.

NorthWestern Energy congratulates the City of Billings on these recent energy-efficient lighting retrofits of their facilities.  NorthWestern Energy has been offering energy efficiency programs for more than 30 years in Montana, and provides thousands of rebates through their E+ Efficiency Plus programs for commercial and residential customers. For a complete listing of programs go to www.northwesternenergy.com/eplus

About NorthWestern Energy (NYSE: NWE)
NorthWestern Energy provides electricity and natural gas in the Upper Midwest and Northwest, serving approximately 673,200 customers in Montana, South Dakota and Nebraska.www.northwesternenergy.com.

Media Contact:
Debbie Singer
(406) 655-2550
Deborah.Singer@northwestern.com

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NORTHWESTERN CORP
01/16 NORTHWESTERN : to Host Year-End 2016 Financial Results Conference Call and Webca..
01/16 NORTHWESTERN : to Host Year-End 2016 Financial Results Conference Call & Webcast
2016 NORTHWESTERN : FERC Issues Letter to NorthWestern on Cancellation Filing
2016 NORTHWESTERN CORP : Creation of a Direct Financial Obligation or an Obligation u..
2016 NORTHWESTERN CORPORATION (NYSE : NWE) Files An 8-K Departure of Directors or Cer..
2016 NORTHWESTERN : Research Reports Initiation on Utilities Stocks -- FuelCell Energ..
2016 NORTHWESTERN CORP : Change in Directors or Principal Officers, Financial Stateme..
2016 NORTHWESTERN : FERC Issues Letter to NorthWestern Corp.
2016 NORTHWESTERN CORP : ex-dividend day
2016 NORTHWESTERN CORPORATION (NYSE : NWE) Files An 8-K Regulation FD Disclosure
More news
Sector news : Electric Utilities - NEC
01/16DJPower Assets to Decide Whether to Pay Special Dividend on January 26
01/15DJDuet Agrees to $5.48 Billion Offer from Cheung Kong Infrastructure
01/10DJENTERGY : Plant Closure to Cost Jobs, Tax Revenue -- WSJ
01/10DJENTERGY : Agrees to Close Controversial Indian Point Nuclear Plant -- Update
01/10DJENTERGY : Westchester County Bracing for Closure of Indian Point Nuclear Plant
More sector news : Electric Utilities - NEC
News from SeekingAlpha
01/20 DIVIDEND CONTENDERS : 43 Increases Expected By The End Of March
01/14 NORTHWESTERN CORPORATION : Growth Without Higher Bills
01/03 UTILITY STOCKS FOR DIVIDEND GROWTH : The Correct Metric Is Important
2016 2017's Top Ten Utility Stocks For Dividend Growth And Income
2016 NorthWestern goes ex-dividend today
Advertisement
Financials ($)
Sales 2016 1 260 M
EBIT 2016 268 M
Net income 2016 151 M
Debt 2016 -
Yield 2016 3,50%
P/E ratio 2016 17,53
P/E ratio 2017 16,73
Capi. / Sales 2016 2,19x
Capi. / Sales 2017 2,13x
Capitalization 2 762 M
More Financials
Chart NORTHWESTERN CORP
Duration : Period :
NorthWestern Corp Technical Analysis Chart | NWE | US6680743050 | 4-Traders
Full-screen chart
Technical analysis trends NORTHWESTERN CORP
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 6
Average target price 57,5 $
Spread / Average Target 0,61%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Robert C. Rowe President, Chief Executive Officer & Director
E. Linn Draper Chairman
Brian B. Bird Chief Financial Officer & Vice President
Jeanne M. Vold Business Technology Officer
Stephen P. Adik Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
NORTHWESTERN CORP0.49%2 762
DUKE ENERGY CORP-0.37%53 276
SOUTHERN CO-0.26%48 079
DOMINION RESOURCES, IN..-1.04%47 501
IBERDROLA SA-4.60%41 797
EXELON CORPORATION0.87%33 053
More Results