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The U.S. Department of Energy (DOE) has awarded an indefinite delivery indefinite quantity (IDIQ) energy savings performance contract (ESPC) to TAC, the Building Automation Business Unit of Schneider Electric, and a leading provider of building automation solutions. The contract has a potential of $5 billion in energy efficiency, renewable energy, sustainable design, and water conservation projects at federally owned buildings and facilities. The contract is part of a larger effort by the federal government, the largest single user of energy in the United States, to meet rigorous energy savings and efficiency objectives.

"This set of awards will ensure that federal agencies have access to powerful tools for alternative financing at a scale that is needed to meet our challenge of reducing energy intensity, increasing the use of renewable energy, and decreasing water consumption," said DOE Secretary Samuel W. Bodman.

TAC was selected for this award based on its demonstrated ability to deliver projects to federal agencies that provide measurable, quantifiable results around reducing energy consumption, operating costs, greenhouse gas emissions, and the carbon footprint of buildings. These solutions include renewable energy, indoor environmental quality improvement, and sustainable design, resulting in a combined impact by TAC's performance contracts that equates to removing 291,216 cars from the road, planting 396,054 acres of trees, or reducing CO2 emissions by 1,456,080 tons.