Energy Performance Contracting

The business model does support the goals of the swiss federal energy strategy 2050 by promoting energy efficiency.

Energy performance contracting.

For more detail follow this link. 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. 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. Facility audits improve the efficiency of the building envelope and essential systems including lighting hvac and water.

Swissesco was established in september 2015. Energy performance contracting epc is a form of creative financing for capital improvement which allows funding energy upgrades from cost reductions. 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. In switzerland the swissesco business association is promoting and developing epc.

Energy performance contracting uses a finance model that not only guarantees savings through energy efficient retrofits but also eliminates the need for capital investment. Epc is a turnkey service sometimes compared to design build construction contracting which. 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 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.

Its members are energy companies engineers financial. Energy performance contracting in switzerland. 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. It eliminates the need for any upfront capital outlay.

Clean energy sustainability and climate change mitigation strategies particularly in urban areas. What is energy performance contracting epc. Performance contracts are budget neutral. Energy savings performance contracting espc is a budget neutral approach to make building improvements that reduce energy and water use and increase operational efficiency.

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. An espc also known as a guaranteed energy savings contract pays for project costs using the guaranteed energy savings. Basically it is a budget.