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.
Energy performance contracting companies.
Escos are distinguished from other firms that offer energy efficiency improvements in that they use the performance based contracting methodology.
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.
Energy savings performance contracting espc is a budget neutral approach to make building improvements that reduce energy and water use and increase operational efficiency.
Facilities make no up front investments and instead finance projects through guaranteed annual energy savings.
The business model does support the goals of the swiss federal energy strategy 2050 by promoting energy efficiency.
An espc is a partnership between an agency and an energy service company esco.
It is the initial component of the federal government s multi tiered esco evaluation for energy savings performance contracting espc procurements.
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.
Energy performance contracting in switzerland in switzerland the swissesco 7 business association is promoting and developing epc.