It is the initial component of the federal government s multi tiered esco evaluation for energy savings performance contracting espc procurements.
Energy performance contracting companies.
The business model does support the goals of the swiss federal energy strategy 2050 by promoting energy efficiency.
By partnering with an energy service company esco a facility owner can use an espc to pay for today s facility upgrades with tomorrow s energy savings without tapping.
Swissesco was established in september 2015.
Energy savings performance contracts espcs allow federal agencies to procure energy savings and facility improvements with no up front capital costs or special appropriations from congress.
When an esco implements a project the company s compensation is directly linked to the actual energy cost savings.
Energy performance contracting in switzerland in switzerland the swissesco 7 business association is promoting and developing epc.
Energy savings performance contracting espc is a method of finance that allows a facility to complete energy saving improvements within an existing budget by paying for them with money saved through reduced utility expenditures.
An espc is a partnership between an agency and an energy service company esco.
The doe qualified list of escos is required by the energy policy act of 1992 as implemented by 10 cfr 436 32.