Energy Savings Performance Contracts

Energy Savings Performance Contracts (ESPCs) are an innovative way to help organizations reduce their energy costs and become more energy efficient. ESPCs are a type of energy performance contract that allows organizations to make energy efficiency improvements without upfront capital costs. The contract is structured so that the energy savings generated by the improvements pay for the cost of the project over time. This makes it easier for organizations to make the necessary investments in energy efficiency without taking on additional debt or straining their budget. ESPCs are a great way for organizations to reduce their energy costs, improve their energy efficiency, and reduce their environmental impact. They are also an excellent way to save money in the long run, as the energy savings generated by the improvements can often pay for the cost of the project over time.