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What is an Energy Service Performance Contract?
Author:
Intellimeter Canada Inc.
Publication date:
March 18, 2021
Article Summary:
The blog discusses Energy Service Performance Contracts (ESPCs), which are a type of performance-based contracting used to fund energy efficiency upgrades and renewable energy projects. ESPCs allow organizations to make energy upgrades with no upfront costs, as the upgrades are paid for by the resulting energy savings. The blog outlines the benefits of ESPCs, including reduced energy costs, improved building performance, and reduced greenhouse gas emissions. The blog also provides examples of successful ESPC projects and discusses the role of energy service companies in the ESPC process.
Keywords:
Energy Service Performance Contracts (ESPCs), performance-based contracting, energy efficiency upgrades, renewable energy projects, energy savings, reduced energy costs, improved building performance, greenhouse gas emissions, energy service companies.
Source Citation:
Intellimeter Canada Inc.
What is an Energy Service Performance Contract?
March 18, 2021
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