Energy Service Companies Savings
Performance Contracts Payments and Guarantees
Energy Services Agreements - ESAs - are
pay-for-performance, off-balance sheet financing solutions that allows customers
to implement energy efficiency projects with zero upfront capital expenditure. As in the case of power purchase agreements – PPAs - equipment is installed, owned and operated by
the vendor who sells the saved power to the customer.
ESAs are the Energy Efficiency Equivalent of a Power Purchase
Agreement
Energy Service Companies – ESCos - provide designs and
implementation solutions for energy savings projects, retrofitting, energy
conservation, outsourcing, power generation and supply.
Energy Savings Performance Contracts - ESPCs - accelerate investment in cost effective energy
conservation measures without up-front capital costs. ESPCs are partnerships
between a property owner/operator and an ESCo which conducts a comprehensive
energy audit to identify improvements to save energy, designs and constructs
the project as well as arranges the necessary financing.
An ESCO
Guarantees the Improvements that Generate Energy Cost Savings
Energy Savings
result from lighting upgrades, building automation system and controls. A
Flexible Contractual Tool for retailers looking to stabilize utility costs as
well as achieve longer term benefits by buying out the contract and take
ownership of installed equipment.
Energy Savings on Main
Street and in Historic Districts
Outputs
Quality and Achievements of Specific Measurable Performance Standards and Requirements
Benefits resulting from the application of ESAs include
energy efficiency, water conservation, emissions reduction and streamlined
contract funding for energy management projects, through access to private-sector
expertise, built-in
incentives to provide high-quality equipment, and project commissioning infrastructure improvements. Project management ensures building
efficiency and new equipment without upfront capital costs as well as energy
and related operation and maintenance cost saving guarantees.
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