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 Performance contracting allows us to upgrade our facilities and improve our energy efficiency without having to raise capital for these ends. Instead, we can apply our capital to strengthen public services like education, health and public saftey." |
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Performance ContractsSaving energy means saving money. As the saying goes, however, you have to spend money to save money. In today's world, budgets are tight and capital improvements for energy (and money) saving projects sometimes don't make the final cut. Performance contracting is a path to both capital improvements and energy savings. Best of all, the capital is raised by the performance contracting vendor, not you. You pay for the improvements with the energy savings they generate over a long term contract. After the contract term, all the energy and money savings belong to you. Our alliance partner will perform a preliminary energy audit of your facilities and determine energy saving potential and capital cost. This information can be used to help you issue a request for proposals. Once issued, you will be well on your way to improving your facilities and saving energy and money. |
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