Energy Savings Performance Contracting

Energy Savings 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.