What is energy performance contracting?
Energy performance contracting is an innovative funding method in which an energy service company (ESCO) partners with you to take on a long-term project that tackles maintenance backlogs and facility improvements with energy efficient solutions, using the energy savings generated to pay for the larger project scope.
Once the ESCO performs an energy audit, they will make recommendations to you on where and how to improve operational and energy efficiency. The projected energy savings are guaranteed by the ESCO for the length of the project and the funds can be applied to further infrastructure updates, implementing state-of-the-art technology, and enriching the lives of those who live, work, learn, and play in your community.
Let performance contracting enable your vision
You want to create an environment that fosters success and community engagement. You know modern infrastructure and technology help promote growth and attract new businesses, residents, and students. But the price of success is increasing along with your operating costs. At every turn, you’re competing for the funding needed to support your strategic goals. And it seems there’s never enough time, money or expertise to make the big strides you envision.
We can help you prepare your community or school for the future with a comprehensive capital recovery and reinvestment program. At Schneider Electric, we do so much more than standard performance contracting . . . we help make your vision a reality.
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Performance contracting in your county, school district, university and military branch
Schneider Electric is committed to helping schools, universities, military installations and municipalities reach big ambitions through energy savings performance contracts (ESPC). Performance contracting projects can be implemented by most publicly funded entities to achieve substantial operational and energy savings.
These types projects offer many long-term benefits such as improved facility efficiency, occupant comfort, sustainability, financial management and environmental protection. Over the past 26 years, Schneider Electric has successfully implemented more than 750 ESPC projects across the nation, saving its clients more than $2.5 billion.