dou You Know About Energy Savings Performance Contracts?

Someone Else May Pay For Your New A/C (No, Not A Donor)

If you have a large physical plant or campus of buildings and aging HVAC, lighting or water systems, you may want to consider an Energy Savings Performance Contract (ESPC). Under this arrangement, an energy service provider handles all the financing and upfront costs for system upgrades and guarantees the savings accrued from the improvements will be sufficient to pay for the upgrades over a period of time. While the bulk of ESPCs are entered into by federal, state and local government entities (including schools, libraries, water treatment plants), a U.S. Department of … Read more

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