Energy Performance Contracting Epc

Its members are energy companies engineers financial.

Energy performance contracting epc.

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. Swissesco was established in september 2015. Energy performance contract epc. It takes over commercial as well as technical and operational risks over the project term.

Normally offered by energy service companies escos this innovative financing technique allows building users to achieve energy savings without up front. Under an epc arrangement an external organisation esco implements a project to deliver energy efficiency or a renewable energy project and uses the stream of income from the cost savings or the renewable energy produced to repay the. Epc with shared savings and epc with guaranteed savings. Energy performance contracting epc is an innovative financing technique that uses cost savings from reduced energy consumption to repay the cost of installing energy conservation measures.

In energy performance contracting the esco s remuneration is performance based. 15d 012 ms word document 555kb this file may not be suitable for users of assistive technology. Jersey city housing authority leverages energy performance contracts for energy efficiency projects. Since colorado established its energy performance contracting epc program in the mid 1990s 152 public jurisdictions have worked with an energy services company esco to identify nearly 35 million in annual utility savings through a technical energy audit.

Contract guidance note and model contract ref. Gm s creation of an energy performance contracting epc model helped double the amount of money directed towards energy conservation from 40 million to 80 million. Energy performance contracting epc is a form of creative financing for capital improvement which allows funding energy upgrades from cost reductions. Energy savings performance contracting espc is a budget neutral approach to make building improvements that reduce energy and water use and increase operational efficiency.

In switzerland the swissesco business association is promoting and developing epc. It guarantees for the outcome and all inclusive costs of the services. The business model does support the goals of the swiss federal energy strategy 2050 by promoting energy efficiency. Energy performance contracting leading the way with best practice energy performance contracting epc ecosave has been a leading provider of performance based energy savings projects for over 16 years and a trusted energy performance contractor to dozens of local municipalities and state government agencies.

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.