Energy Performance Contracting

Energy savings performance contracting espc is a budget neutral approach to make building improvements that reduce energy and water use and increase operational efficiency.

Energy performance contracting.

Normally offered by energy service companies escos this innovative financing technique allows building users to achieve energy savings without up front. Performance contracts are budget neutral. Energy performance contracting uses a finance model that not only guarantees savings through energy efficient retrofits but also eliminates the need for capital investment. What is energy performance contracting epc.

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. 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. 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. Clean energy sustainability and climate change mitigation strategies particularly in urban areas.

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. The business model does support the goals of the swiss federal energy strategy 2050 by promoting energy efficiency. Basically it is a budget.

Swissesco was established in september 2015. 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. 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. An espc also known as a guaranteed energy savings contract pays for project costs using the guaranteed energy savings. Energy performance contracting is an agreement between a building owner or facilities manager and a private energy services company esco that future operational cost savings such as for annual. It eliminates the need for any upfront capital outlay.

Facility audits improve the efficiency of the building envelope and essential systems including lighting hvac and water. Its members are energy companies engineers financial. For more detail follow this link.