Energy Performance Contracting (EPC) is a performance-based procurement method and financial mechanism whereby the savings made on utility bills by installing more sustainable and energy efficient building systems pay for the cost of the project.
There are many benefits to Energy Performance Contracting including;
Energy Security – EPC on a national level can make a significant contribution to the reduction of facilities energy demand.
Economic Efficiency – The installation of more sustainable energy systems can reduce utility bills and provide a funding source for building renewal projects.
Economic Development – EPC allows for more building and renovation activity than would normally be possible through traditional contracting methods.
Environmental Stewardship – Reductions in energy usage means significant reductions in CO2 emissions.
Indoor Environment -EPC allows for better indoor air quality and any improvements that may not have otherwise been possible due to funding constraints.
EPC and Sustainability – EPC can increase economic efficiency, develop environmental integrity, and improve indoor spaces for building occupants.
