3-09-2013 What is an Energy Saving Performance Contract?
So what exactly is an Energy Saving Performance Contract? Let’s start with the ‘official’ definition according to the U.S. Department of Energy. The Energy Savings Performance Contract is as follows: “The use of GUARANTEED savings from the maintenance and operations budgets (your utilities), as capital, to make needed upgrades and modernizations to your buildings environmental systems, financed over a specified period of time.”
Want to learn how these contracts can save you money? Read the full article in the December issue of CAM Magazine here: What is an Energy Saving Performance Contract?