Energy Performance Contracting
An Energy Performance Contract is an agreement between a building owner (or facilities manager) and a private energy services company (ESCO) that uses future energy savings to pay for the entire cost of a building’s electricity and energy efficiency retrofits.
A building owner contracts with an ESCO, which then finances or arranges financing, designs, purchases, installs and maintains and energy saving equipment.
The ESCO will also guarantee that the energy savings – which may be achieved through replacing lighting, electrical equipment, modifying or replacing boilers and chillers, installing modern energy management control systems, replacing motors, or other measures – will pay for all project costs.
A building owner contracts with an ESCO, which then finances or arranges financing, designs, purchases, installs and maintains and energy saving equipment.
The ESCO will also guarantee that the energy savings – which may be achieved through replacing lighting, electrical equipment, modifying or replacing boilers and chillers, installing modern energy management control systems, replacing motors, or other measures – will pay for all project costs.
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HRS 36-41 - Performance Contracting
Energy retrofit and performance contracting for public facilities.
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Guide to Energy Performance Contracting
Guide to help State agencies improve their buildings using the money saved by reducing energy costs to pay for the improvements. A part of what is normally paid to the utility company is saved and this savings is used to pay for better equipment, better controls, better maintenance, etc. July, 1998. 243 pages; pdf file; 573 kb.
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Guide to Energy Performance Contracting - Supplement
Measurement and verification of energy savings. July 2000. 89 pages; pdf file; 4508 kb.
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Energy Performance Contracting - Case Study
Case study of energy performance contacting at the University of Hawaii at Hilo and Hawaii Community College. July 2000. 85 pages; pdf file; 2680 kb.
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State Facility Energy Upgrade Analysis and Performance Contracting Potential
Report and recommendations by the Washington State Department of General Administration. April, 2003. 35 pages; pdf file; 111 kb.
