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performance contracting

Performance Contracting – Getting it Right; Avoiding #1 Matches

By Energy Rant 2 Comments
Per the Energy Services Coalition, energy service companies (ESCOs) that deliver energy savings performance contracts do the following: Identify and evaluate energy-saving opportunities Develop designs and specifications for construction Manage the project to installation and monitoring Arrange financing Train staff and provide ongoing services Guarantee savings will cover all project costs What’s not to like?A band of demons staked out in the contract details. I was reminded of this by this noteworthy article published in Buildings magazine. After discussing the author’s points, I will add plenty of my own guardrails to protect energy users from derailing over the cliff into…
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