Federal Performance Contracting
Saving Energy.
Saving Money.
Creating Jobs.
Government agencies looking for energy savings have a proven way to reduce energy consumption without the need for appropriating capital funds. Through ESPCs private sector companies finance and install new energy efficient equipment in federal buildings.
ESPCs are a win-win because, in exchange for a pre-determined price, the chosen ESCO guarantees future energy savings, which are used to pay for the energy efficiency upgrades, with excess savings accruing to the Federal government. In fact, payment to the ESCO is contingent upon realizing that guaranteed annual savings stream.
At a time when federal agencies are looking to control expenditures, saving on water, electrical, heating and cooling costs (and much more) an ESPC is a smart decision—one that is literally guaranteed to pay off.
News & Events
Washington, DC- December 2011- President Obama issued a Presidential Memorandum calling for $2 billion worth of energy upgrades of federal buildings over 2 years using long term energy savings to pay for the upfront investments at no cost to taxpayers. These investments will save billions in energy costs, promote energy security and create tens of thousands of jobs.
