Mankato Free Press – Energy efficiency project lights up St. Peter
ST. PETER — St. Peter officials have a bright outlook on a completed energy efficiency project that brought new lighting to the city in recent years.
The city in 2017 hired the Ameresco renewable energy company to begin upgrading LED lighting on city streets and perform other capital improvements. Ameresco completed the $2.6 million project, made possible by the state’s Guaranteed Energy Savings Program, last year.
The project’s cost will be offset over time by the city’s energy savings as part of an agreement between St. Peter and the company.
“What’s really happening here is the amount of money we’re saving in energy is going to pay debt service,” said City Administrator Todd Prafke.