Guaranteed Energy Savings Projects
Guaranteed Energy Savings Projects
Public Infrastructure Retrofits. Guaranteed Savings.
PEA implements projects that reduce municipal operating costs, accelerate delivery of efficient public infrastructure, and enhance quality of life for Philadelphia residents.
PEA partners with the City of Philadelphia to identify, finance and coordinate energy management projects. Clean energy projects reduce facility energy consumption and stabilize costs at a time when rising electricity and fuel prices place growing burden on municipal budgets.
As an independent municipal authority, PEA is positioned to be flexible and nimble, deploying solutions that are practical, fiscally responsible, and built to deliver long-term value for Philadelphia taxpayers and residents.
130,000
City of Philadelphia streetlights upgraded to LEDs
$264M+
Cost savings for City of Philadelphia
49%+
Decline in Philadelphia’s municipal carbon emissions
Enabling Legislation
PEA partners with energy service companies to implement large-scale facility upgrades using a Pennsylvania law, the Guaranteed Energy Savings Act (GESA).
Long-term Contracts
PEA enables the City to enter into long-term energy contracts, unlocking large-scale investments and accessing fixed pricing that provides stability even when markets are volatile.
Expanded Financing Options
PEA issues bonds on behalf of municipal energy projects, coordinating with relevant departments and bond counsel to achieve cost-efficient, fiscally responsible outcomes.
Guaranteed Returns
GESA projects guarantee a return on investment of 20 years or less thanks to energy savings, operational savings, and avoided capital cost.
