Energy Performance Contracting Companies

Energy savings performance contracting espc is a budget neutral approach to make building improvements that reduce energy and water use and increase operational efficiency.

Energy performance contracting companies.

The business model does support the goals of the swiss federal energy strategy 2050 by promoting energy efficiency. Escos are distinguished from other firms that offer energy efficiency improvements in that they use the performance based contracting methodology. It is the initial component of the federal government s multi tiered esco evaluation for energy savings performance contracting espc procurements. When an esco implements a project the company s compensation is directly linked to the actual energy cost savings.

Energy savings performance contracting espc is a method of finance that allows a facility to complete energy saving improvements within an existing budget by paying for them with money saved through reduced utility expenditures. The doe qualified list of escos is required by the energy policy act of 1992 as implemented by 10 cfr 436 32. By partnering with an energy service company esco a facility owner can use an espc to pay for today s facility upgrades with tomorrow s energy savings without tapping. Facilities make no up front investments and instead finance projects through guaranteed annual energy savings.

Energy savings performance contracts espcs allow federal agencies to procure energy savings and facility improvements with no up front capital costs or special appropriations from congress.