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Energy savings performance contracts (ESPCs) allow federal agencies to procure energy savings and facility improvements with no up-front capital costs or special appropriations from Congress. An ESPC is a partnership between an agency and an energy service company...
In light of rapidly changing status of COVID-19 and government advice, ESPC has made the decision to close our Information Centre to the public from 5pm on Friday 20th March. The safety of our staff and the general public is very important to us and we will continue to keep the situation under review and act on any advice from the government.
What is an Energy Savings Performance Contract? Under an Energy Savings Performance Contract (ESPC), an energy service company (ESCO) coordinates installation and maintenance of efficiency equipment in a customer’s facilities and is paid from the associated energy savings. The ESCO typically provides a savings guarantee.