Energy Savings Performance Contracting
Performance Contracting is the ability to utilize energy and
operational and maintenance savings along with utility incentives
resulting from improved equipment efficiencies to finance the total
cost of the project. The trend in the energy services industry has
changed. Building owners now recognize the installation of energy
efficient equipment as a means of making infrastructure improvements
without having to make a capital expenditure. Schools are taking
advantage of making much needed improvements throughout their
facilities without the need to bond for or budget for the costs.
Performance Contracting has helped to facilitate the process of
making improvements and saving on operating costs so those benefits
can be recognized sooner and the process to achieve those benefits
can be done more effectively.