Energy Performance Contracting

Conclusion and summary 2.

Energy performance contracting.

Basically it is a budget. 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. Energy performance contracting epc is a form of creative financing for capital improvement which allows funding energy upgrades from cost reductions. For more detail follow this link.

It eliminates the need for any upfront capital outlay. Energy performance contracting uses a finance model that not only guarantees savings through energy efficient retrofits but also eliminates the need for capital investment. Its members are energy companies engineers financial. Facility audits improve the efficiency of the building envelope and essential systems including lighting hvac and water.

An espc also known as a guaranteed energy savings contract pays for project costs using the guaranteed energy savings. In switzerland the swissesco business association is promoting and developing epc. The business model does support the goals of the swiss federal energy strategy 2050 by promoting energy efficiency. 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.

Normally offered by energy service companies escos this innovative financing technique allows building users to achieve energy savings without up front. Electricity water sewer or solid waste charges as well as equipment maintenance service contracts can be used to pay for the entire cost of a. Energy performance contracting in switzerland. 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.

Epc is a turnkey service sometimes compared to design build construction contracting which. Performance contracting performance contracting achieve energy efficiency sustainability and infrastructure goals siemens guaranteed performance based solutions whether you re operating a single building school district college campus or an entire city you come to work every day knowing you need to do more with less. Energy savings performance contracting espc is a budget neutral approach to make building improvements that reduce energy and water use and increase operational efficiency. Performance contracting also known as energy savings performance contract espc or a guaranteed energy savings contract is a valuable tool for achieving infrastructure modernization budget reduction efficiency and sustainability goals without the need for upfront capital expenditure.

Performance contracts are budget neutral. What is energy performance contracting epc. 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.