Energy Savings Performance Contracting - Completed

Energy Savings Performance Contracting - Completed

The Energy Savings Performance Contracting (ESPC) Accelerator was designed to expand the use of ESPC by state and local governments and K-12 schools. The ESPC Accelerator catalyzed public-sector energy efficiency investments of $2 billion from January 2013 to December 2016 through the use of innovative and best-practice approaches to enhance ESPC programs. Partners worked together to develop their approaches and implement them for the long term.

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This document is an overview of the U.S. Department of Energy’s Better Building ESPC Accelerator, which was a three-year partnership with states, local governments, and K-12 schools to expand access to performance contracting. Energy savings performance contracting can provide a one-stop procurement process that allows building owners to use future cost savings to pay for new efficient equipment and services, while guaranteeing that cost savings.

Other Resources

Fact Sheet

The Energy Savings Performance Contracting (ESPC) Accelerator is designed to expand the use of performance contracting by federal, state, and local governments, K-12 schools, and others to catalyze public sector energy efficiency investments. Focus areas include: contract design, energy measurement and verification (M&V), performance benchmarking, reporting of successful outcomes, streamlined project processes, and approaches for deep-energy and small building retrofits.

Solution Center

Energy Savings Performance Contracting (ESPC) is a budget-neutral approach to make building improvements that reduce energy and water use and increase operational efficiency. By partnering with an energy service company (ESCO), a facility owner can use an ESPC to pay for today's facility upgrades with tomorrow's energy savings—without tapping into capital budgets. State and local governments can implement ESPC projects in their own facilities, as well as promote and support ESPC projects through ESPC programs.

Additional Information

Current Size and Remaining Market Potential of the U.S. Energy Service Company Industry
This study analyzes the market size, growth projections and industry trends in the U.S. ESCO industry, drawing on information from interviews with ESCO executives conducted in late 2012.

Sector Priorities

Partners

A-Z

Cincinnati, OH
Commonwealth of Virginia
Newark, NJ
School District of Philadelphia
State of Alabama
State of Colorado
State of Connecticut
State of Hawaii
State of Illinois
State of Michigan
State of Missouri
State of Montana
State of Nevada
State of New Hampshire
State of New Mexico
State of South Carolina
State of Washington
U.S. Virgin Islands

Location

Alabama

State of Alabama

Colorado

State of Colorado

Connecticut

State of Connecticut

Hawaii

State of Hawaii

Illinois

State of Illinois

Michigan

State of Michigan

Missouri

State of Missouri

Montana

State of Montana

Nevada

State of Nevada

New Hampshire

State of New Hampshire

New Jersey

Newark, NJ

New Mexico

State of New Mexico

Ohio

Cincinnati, OH

Pennsylvania

School District of Philadelphia

South Carolina

State of South Carolina

Virginia

Commonwealth of Virginia

Washington

State of Washington