Energy Savings Performance Contracts (ESPC): FEMP Assistance
Program Document
·
OSTI ID:1219834
An ESPC is a working relationship between a Federal agency and an energy service company (ESCO). The ESCO conducts a comprehensive energy audit for the Federal facility and identifies improvements to save energy. In consultation with the Federal agency, the ESCO designs and constructs a project that meets the agency’s needs and arranges the necessary funding. The ESCO guarantees the improvements will generate energy cost savings sufficient to pay for the project over the term of the contract. After the contract ends, all additional cost savings accrue to the agency.
- Research Organization:
- EERE Publication and Product Library, Washington, D.C. (United States)
- Sponsoring Organization:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE), Federal Energy Management Program (EE-5F) (Federal Energy Management Program Corporate)
- OSTI ID:
- 1219834
- Report Number(s):
- DOE/EE-0770; 6013
- Country of Publication:
- United States
- Language:
- English
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