Energy performance contract definition

Energy performance contract means an agreement for the provision of energy services, including but not limited to electricity, heating, ventilation, cooling, steam or hot water, in which a person agrees to install, maintain or manage energy systems or equipment to improve the energy efficiency of, or produce energy in connection with, a building or facility in exchange for a portion of the energy savings or revenues.

Energy performance contract means a contract for

Energy performance contract means an agreement between the final customer and the energy service provider whose performance is verified and monitored during its entire term, and on the basis of which the investments made to provide the energy service are paid for by the final customer in relation to a contractually agreed level of energy efficiency improvement or other agreed energy performance criterion, such as financial savings;

Examples of Energy performance contract in a sentence

• Energy performance contract" means an agreement for the provision of energy services, including but not limited to electricity, heating, ventilation, cooling, steam or hot water, in which a person agrees to install, maintain or manage energy systems or equipment to improve the energy efficiency of, or produce energy in connection with, a building or facility in exchange for a portion of the energy savings or revenues.

• Energy performance contract" means a contract between a local government unit or a state agency and a qualified provider for evaluation, recommendation, and implementation of one or more conservation measures, evaluation of conservation-related cost savings, and a guarantee of cost savings.

• Energy performance contract loansEnergy performance contracting is a unique program that allows the SHA to implement facility improvements, reduce energy costs, and improve health and comfort conditions.

• Karnataka State Electronics Development Corporation Limited (AAAR)– Street Lighting activity– Energy performance contract – held, the lights etc.

• How to make it bankable?How to procure an EPC?With more buildings I can level risks andreduce transaction costs Pooling Owner A Owner B Bundling Owner CMarket facilitation Assistance to building owners Energy service companies Energy performance contract Source: A.

More Definitions of Energy performance contract

Energy performance contract means a contract for evaluations, recommendations, or implementation of one or more energy saving measures designed to produce utility costs savings, operation and maintenance cost savings, or vehicle fleet operational and fuel cost savings, which contract:

Energy performance contract means the contract that allows a facility owner to accomplish energy or water efficiency projects without upfront capital costs or capital appropriations. An energy performance contract shall not be considered to be a contract for public improvement pursuant to W.S. 15‑1‑113;

Energy performance contract means a contract between the state agency or municipality and a qualified energy service provider for evaluation, recommendation and implementation of one or more cost savings measures. A performance contract shall be a guaranteed energy savings performance contract, which shall include, but not be limited to, (A) the design and installation of equipment and, if applicable, operation and maintenance of any of the measures implemented; and (B) guaranteed annual savings that meet or exceed the total annual contract payments made by the state agency or municipality for such contract, including financing charges to be incurred by the state agency or municipality over the life of the contract.

Energy performance contract means a contract between a local government unit and a qualified provider for evaluation, recommendation, and implementation of one or more conservation measures, evaluation of conservation-related cost savings, and a guarantee of cost savings.

Energy performance contract means a contract under which energy efficiency measures are—

Energy performance contract means a cost-effective contract between a governmental entity and

Energy performance contract means an agreement for the provision of energy services and equipment, including but not limited to building or facility energy conservation enhancing retrofits, water saving technology retrofits, electric vehicle charging infrastructure, and alternate energy technologies, in which a private sector person or company agrees to finance, design, construct, install, maintain, operate, or manage energy systems or equipment to improve the energy efficiency of, or produce energy in connection with, a facility or electric vehicle charging system in exchange for a portion of the cost savings, lease payments, or specified revenues, and the level of payments is made contingent upon the verified energy savings, energy production, avoided maintenance, avoided energy equipment replacement, avoided vehicle