Energy Performance Contracting Singapore

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

Energy performance contracting singapore.

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. An espc also known as a guaranteed energy savings contract pays for project costs using the guaranteed energy savings. Carry out an investment grade energy audit recommend energy conservation measures ecms e g. Provides turnkey solution for building owners in upgrading retrofitting or optimisation of facilities with guaranteed and accountable savings in energy bills.

Work with us using our energy performance contract and see these benefits show in your energy bills. 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. 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. Energy performance contracting epc programme.

It eliminates the need for any upfront capital outlay. Performance contract m v 1 7 epc market constraints. 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.

Several factors are holding back the growth of the epc market including. Chiller plant retrofit implement ecms guarantee chiller. Industry experience are you ready to learn more about how a performance contract can unlock opportunities for your organization. An enabler for energy efficiency another obstacle that owners face is the matter of high upfront costs in the initial investment required.

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. Fortunately financing mechanisms are available and energy performance contracting or epc is firmly established as one such innovative tool.