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Energy Savings Performance Contracting
The Energy Office provides technical and program assistance to facilitate energy efficiency programs of all types including Energy Savings Performance Contracting (ESPC). An energy savings performance contract (ESPC) is a partnership between an energy services company (ESCO) and its customer formed for the purpose of financing and implementing cost-saving energy-efficiency improvements. The ESCO pays the up front cost of purchasing and installing new equipment, and the customer repays the ESCO over the life of the contract from the cost savings resulting from the project. ESPCs have been in use by public and private customers for over twenty years and have been proven to be an effective method for upgrading existing facilities. RESOURCES:
Energy Services Coalition
The Energy Services Coalition is an association started by state energy offices and representatives of Energy Saving Performance Contracting Companies (ESCOs). They work together to try and reduce the hurdles to performance contracting. Their website has sample documents for an RFP, Technical Energy Audit and Model Energy Performance Contract. An Arizona chapter is currently being organized. For more information, contact Jim Westberg, 602-771-1145.
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