Energy Performance Contracts

What is an Energy Performance Contract (EPC)?

• An EPC is a performance-based procurement method and financial mechanism for implementing energy conservation and resource management services whereby the resulting energy savings pay for the cost of implementing the projects.
• Energy Performance Contracting involves contracting an energy service company (ESCO) to improve the energy efficiency of your business.

Why undertake EPCs?

• Energy Performance Contracting is a low risk method of implementing energy efficiency projects across a single property or portfolio of properties. The energy savings proposed in an EPC are guaranteed.
• EPCs offer a streamlined approach to energy consumption improvements meaning that multiple energy reduction projects can be undertaken rather than doing one project at a time.
• Meet your energy reduction targets.
• EPCs offer long term maintained energy reduction performance.

Benefits of an EPC

• Guaranteed energy and related operation and maintenance cost savings.
• Improved building performance.
• Proven Technologies and Independent Expertise.
• Reduction in energy consumption means reductions in Green House Gas emissions.
• Built-in incentives for ESCOs to provide high-quality equipment, timely services, and thorough project commissioning.

How does an EPC work?