Jeff Bingaman: “Earlier, I described the options available to Federal agencies to secure energy management services. If I could Mr.…”

“Earlier, I described the options available to Federal agencies to secure energy management services. If I could Mr. President, I'd like to take a moment to give two examples demonstrating that the program is on the right track and illustrating the risks of hasty and ill-considered changes. The first example is the New Mexico initiative from my home state. The General Services Administration has a contract with a local utility, Public Service Co. of New Mexico, that covers the Federal facilities in PNM's service territory. Under the terms of this agreement, PNM partners with energy service companies on a competitive basis to implement the actual energy-saving measures. This initiative is expected to result in $60 million in new investments in conservation and energy efficiency technologies. The initial pilot project is at the White Sands Missile Range, where I understand that substantial reductions of energy and water use have been achieved. This successful program would be terminated if section 630 were enacted.”