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ESPC Financing Decision Tree

This flowchart walks users through questions corresponding to the considerations that go into deciding on the financing options available for state and city government ESPC projects.  The tool includes a mini-glossary of each financing type. Click on individual financing options below the dashed financing line to get a description of the option and some pros and cons to consider. (Please note that the Decision Tree may not function properly in Internet Explorer.) 

Power Purchase Agreement (PPA)Energy Services Agreement (ESA)Managed Energy Services Agreement (MESA)Bond FinancingCertificate of Participation (COP)Tax-Exempt Conditional Sales AgreementTax-Exempt Lease Purchase Agreement (TELP)LoanEquipment LeaseGeneral Obligation BondsRevenue Bonds