An EPC (Energy Performance Contracting) is a contract that transfers the financial risks from the project owner to a third party called the Energy Service Company (ESCo).
Resource
An Energy Performance Contract (EPC) is a type of contractual arrangement that transfers the financial risks from the project commissioner to a third party usually called an Energy Service Company (ESCO). Energy efficiency measures are typical types of projects financed through energy performance contracting. The project infrastructure or upgrade delivered by the ESCO is funded through energy cost reductions, and importantly, the ESCO is not paid unless the promised energy savings are delivered
End of Preview
Guest preview of selected publicly available resources