Overview

The global push for sustainability has placed energy efficiency at the forefront of both public policy and corporate strategy. Yet, the single greatest hurdle to undertaking deep, transformative energy upgrades remains the same: the massive upfront capital investment. All too often, financially attractive projects with quick paybacks are stalled, either because budget cycles cannot accommodate the cost or because financial leadership is unwilling to bear the performance risk of a new technology. This book is a definitive guide to overcoming that hurdle by mastering the mechanism known as Energy Performance Contracting (EPC). EPC is not just a financing tool; it is a comprehensive project delivery method that transfers the technical and financial risk from the facility owner to an Energy Service Company (ESCO). By guaranteeing that project costs will be covered by the verified energy savings, EPC unlocks a pathway to modern, efficient, and resilient infrastructure. Drawing on decades of professional experience in complex building environments, this text will demystify the EPC process. We start with the foundational principles, guide you through the intricate financial and legal models, cover the critical steps of measurement and verification (M&V), and finally detail how to successfully manage the long-term performance period. Whether you are a building owner seeking to upgrade an aging portfolio, an engineer looking to specialize in energy finance, or a financial officer aiming to deploy capital strategically, this book provides the blueprint for financing efficiency upgrades through a proven, savings-driven model. Our goal is to empower you to not just save energy, but to save money, reduce risk, and secure a more sustainable future.

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