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Energy Savings Performance Contracts
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What is Performance Contracting
Performance contracting is a procurement method that allows an owner to make capital improvements to their building and finance all associated costs with energy savings, operational savings, and capital cost avoidance savings, which will cover the debt service. Disclaimer – Not just about energy savings.
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Reallocation of Budget for Improvements
Reallocation of funds for capital improvements now, paid for over time with savings Energy Budget Maintenance Budget Capital Budget
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The Process #1 - Evaluate Energy & Ops Savings
#2 - Determine Areas of Ops Concerns & Issues #3 - Design & Engineer Solutions #4 - Facilitate 3rd Party Financing #5 - Perform Turnkey Installation of Program #6 - On-going Measurement & Verification The Process Consider a Letter of Intent after #3 M&V is Critical Qualifying partners: Experience, references, understanding your goal/needs/core mission, 3rd party certification (NAESCO)
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What Qualifies (You Decide)
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