ESPC definition
Examples of ESPC in a sentence
Texas statutes do not specifically address Energy Efficiency Savings as a Service (ESaaS) (EEaaS) however TIPS recognizes that it is an option offered by many vendors that also offer Energy Savings Performance Contracting (ESPC).
Please provide details on how this model is structured, how it differs from ESPC and how a governmental entity would benefit from ESaaS EEaaS as it compares with ESPC.
Failure to respond to this additional information request for Energy Efficiency Savings as a Service (ESaaS) (EEaaS) will have NO BEARING on the evaluation of your qualifications to provide offer Energy Savings Performance Contracting (ESPC).
Energy Savings Performance Contract: References herein to energy savings performance contracts (“ESPC” or “ESPCs”) shall mean and refer to the ESPC definitions provided by Texas Local Government Code Section 302, including those ESPC subcategories which are sometimes referred to as Efficiency-as-a-Service (“EAAS”) contracts or Power Purchase Agreement (PPA) Contracts.
All references to ESPC or EAAS or PPA shall mean and refer to the primary definitions below and all other clarifying definitions provided in Texas Local Government Code Section 302.
Vendor may include attachments as instructed but should upload as one document at this location with the Required Company Overview and Customer Care ESPC Qualification Package as the cover.
The Demand Side Management (DSM) measures installed under ESPC programs should maintain or improve the quality of service provided to the client by the affected equipment or systems.
In general, one ESPC contract objective may be to adjust baseline energy use up or down for factors beyond the control of ▇▇▇▇▇▇▇ Company (e.g., changes in building occupancy or weather), and adjust post-installation energy use for controllable factors (e.g., maintenance of equipment efficiency).
ESCO shall obtain at ESCO’s expense, the insurance specified in this Section 9 prior to performing under any ESPC and shall maintain it in full force and at its own expense throughout the duration of the ESPC and all warranty periods.
ESCO shall provide to Owner, Certificate(s) of Insurance for all required insurance before delivering any Goods and performing any Services required under the ESPC.