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What is an Energy Performance Contract (EPC)?

contract energy EPC PERFORMANCE
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What is an Energy Performance Contract (EPC)?

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Energy Performance Contracting (EPC) is a straight-forward concept in which a building (one or many) owner enters into a contract with an Energy Services Company (ESCO) to perform specific improvements and enhancements to the facilities and uses the future energy savings of these improvements to finance the project costs.

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An agreement that provides for design, acquisition, installation, testing, operation, and – where appropriate – maintenance and repair of energy conservation measures in a building or a group of buildings.

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