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Energy Savings Performance Contracts (ESPCs) are an excellent way to procure facility modernization improvements. ESPCs also offer financial benefits over traditional payment methods like bonds or cash.
Energy Savings Performance Contracts (ESPCs) are a procurement option that allows public entities to finance facility improvements with savings from future operations and maintenance budgets over terms of up to 20 years.
Load creep is a term that many in our industry use to describe an increase in energy use based on the assumption that energy loads increase naturally in buildings over time. However, Performance Services has never been able to identify it's existence.
Kentucky Educational Development Corporation (KEDC) offers a transparent selection process for guaranteed energy savings contracts that provides Kentucky school districts with a detailed scope and open book pricing upfront.
Summers are getting shorter, so school renovation projects must be faster.
The tools and technology used in M&V have changed and improved dramatically. Advanced M&V or “M&V 2.0” promises several advantages for building and energy managers, but has yet to realize its full potential.
