The doe qualified list of escos is required by the energy policy act of 1992 as implemented by 10 cfr 436 32.
Energy performance contracting companies.
Facilities make no up front investments and instead finance projects through guaranteed annual energy savings.
An espc is a partnership between an agency and an energy service company esco.
Energy performance contracting in switzerland in switzerland the swissesco 7 business association is promoting and developing epc.
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.
Escos are distinguished from other firms that offer energy efficiency improvements in that they use the performance based contracting methodology.
It is the initial component of the federal government s multi tiered esco evaluation for energy savings performance contracting espc procurements.
Swissesco was established in september 2015.
Energy savings performance contracting espc is a budget neutral approach to make building improvements that reduce energy and water use and increase operational efficiency.
When an esco implements a project the company s compensation is directly linked to the actual energy cost savings.