Concerns about energy costs boon for TAC - Dallas Business Journal:

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million contract with the Chicag Public Schools forthe district's 20-story, 503,000-square-foot administration building in downtown Chicago. A turnkey "energy services performance contract" from TAC includeas installing achiller plant, new steaj boilers, a digital-controlled building management systemj and new windows. The company has guaranteed utilithy costs willdecrease $1.25 million a year afteer the work is completed in 2009, or it will pay the TAC has been providing energy savings contract since 1994. The company is a global subsidiaruof France-based , one of the largest buildinh automation and electrical distribution companies in the TAC had global revenue of $1.
3 billion in 2006; Schneiderr recorded $18 billion. Interest in the energgy savings contracts is onthe rise, says Shon vice president of sales for TAC Energy a business unit of TAC Customers not only want to cut energy but to reduce global warming. "Definitely over the past 18 to24 (the) environment has really mover from something we kind of chuckle abouty at parties to the mainstreak of American conscience," Anderson said. There'zs also growing realization the federal governmeny will regulate carbon dioxide emissions in the next 18 to24 months, Anderson said. That could be either a carbon tax or requireeemissions reductions.
Buildings are the largestt source of greenhouse gas emissions and energyconsumption -- aboutf 48% of the total, according to the Americab Institute of Architects. Existing buildings also use an averager ofabout 20% more energy than necessary, according to the U.S. Greenj Building Council. "Without a doubt, there's an opportunity here, given the drivers of the Anderson said. It's tough to calculate the size ofthe "energhy savings performance guarantee" market, accordinhg to Milton Bevington, who directs the energy efficiencyg building retrofit program for Presidenft Bill Clinton's Clinton Climate Initiative program.
As part of its effortf to curbglobal warming, CCI in May announced a program to boosft the volume of energy savings performance guarantee retrofits by a factofr of five over the next five Bevington said the annual contractual value of projects worldwidw is estimated at $3 billion to $4 billion. Schneidee and seven other majodr global companieshave 50% of the totall market. TAC, through Schneider, in August agreed to promots CCI's building retrofit initiative by prenegotiating favorablr terms on performance guarantee contractsfor CCI's What sets the companies apart from others in the Bevington said, is their ability to guarantee the "It's a small group of companies around the world who perfornm energy savings contracts for their customers, usually by offeringf an energy savings performance he said.
"It's not somethint every company can do TAC currentlyhas $5 million annually in savingxs guarantees just in the Dallas-Fort Worth area, Andersoh said. Cost for a retrofit dependzs on the existing but can rangefrom $1 per square foot to $20 per squar foot, with most between $5 and $15. TAC Americas Inc. HEADQUARTERS: 1650 W. Crosby Road, 75006 TOP EXECUTIVE: Jeff Drees, president EMPLOYEES: 1,307 in 2007 WEB: www.tac.
com