Federal, state, and local governments and private entities are often saddled with aging, inefficient infrastructure that wastes energy, drains critical financial resources, and negatively impacts the environment. While optimizing energy systems will reduce energy consumption and utility bills, many organizations lack the startup capital or personnel to tackle much-needed infrastructure upgrades. Energy Savings Performance Contracting (ESPC) is a budget-neutral financing approach that allows entities to make building improvements that reduce energy and water use while increasing operational efficiency.
Energy Savings Performance Contract (ESPC)
A budget-neutral funding solution for private and public-sector energy projects
ESPC Structure
Public/Private Customer
The customer is responsible for fixed repayment based on guaranteed savings. Ownership of the equipment transfers to the customer at project acceptance.
ESCO Contractor
ESPC provider designs and constructs the project and guarantees savings. Services include measurement and verification (M&V) and ongoing operations and maintenance (O&M) if desired by the customer.
ESPC Success Stories
Is ESPC legislation the solution you've been looking for?