Energy Performance Contracting Singapore

An enabler for energy efficiency another obstacle that owners face is the matter of high upfront costs in the initial investment required.

Energy performance contracting singapore.

If you need to modernize your building and you re not sure how to pay it energy saving performance contracting espc may be the solution. Energy performance contracting epc is a form of creative financing for capital improvement which allows funding energy upgrades from cost reductions. Energy performance contracting epc programme. Under section 4 03d iii energy performance contracting advanced green effort of green mark 2015 1 point will be awarded to the green building project if a sgbs certified energy performance contracting epc firm has been engaged to implement suitable projects that guarantee operational system efficiency over a minimum of 3 years.

The sunseap group has won several awards including the singapore environmental achievement awards in 2017 for upholding high standards in energy efficiency and championing clean renewable energy in singapore. Chiller plant retrofit implement ecms guarantee chiller. M v limitations new systems are required to make the calculation of project energy savings more understandable to non technical policy makers who are. Fortunately financing mechanisms are available and energy performance contracting or epc is firmly established as one such innovative tool.

Performance contract m v 1 7 epc market constraints. An espc also known as a guaranteed energy savings contract pays for project costs using the guaranteed energy savings. Work with us using our energy performance contract and see these benefits show in your energy bills. Industry experience are you ready to learn more about how a performance contract can unlock opportunities for your organization.

Several factors are holding back the growth of the epc market including. Carry out an investment grade energy audit recommend energy conservation measures ecms e g. It eliminates the need for any upfront capital outlay. Energy savings performance contracting espc is a budget neutral approach to make building improvements that reduce energy and water use and increase operational efficiency.

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. A guaranteed energy savings performance gesp contract is a turnkey contract where an accredited energy services company esco will.