Energy savings performance contract definition

Energy savings performance contract means a public contract between a contracting agency and a qualified energy service company for the identification, evaluation, recommendation, design and construction of energy conservation measures, including a design-build contract, that guarantee energy savings or performance.
Energy savings performance contract means a contract under which the rate of payments is based upon energy and operational cost savings and a stipulated maximum energy consumption level over the life of the contract.
Energy savings performance contract means a contract that requires the contractor to—

Examples of Energy savings performance contract in a sentence

  • Energy savings performance contract means a contract with a qualified energy service company for the identification, evaluation, recommendation, design and construction of energy conservation measures that guarantee energy savings or performance.

  • Project Amount $1,668,980 — 2012 Energy savings performance contract – Developed an ESPC for Xxxxxx ISD including lighting, controls, new equipment, and other measures.

  • Ph. 2 ESPC – $5,998,937 – ongoing Energy savings performance contract project including improvements to boiler plant, air handling equipment and air distribution system, exhaust fans, and the connection of critical equipment to the emergency backup generator.

  • Energy Savings Performance ContractsAn Energy savings performance contract (ESPCs) is a financing mechanism that helps federal agencies finance energy-savings projects through projected cost savings.

  • Project Amount $1,726,560 — 2012 Energy savings performance contract – Developed an ESPC for the school district including lighting, controls, new equipment, and other measures.


More Definitions of Energy savings performance contract

Energy savings performance contract means a contract between a local government and a provider for energy or water conservation or usage measures in which the estimated energy savings, utility cost savings, increase in billable revenues, or increase in meter accuracy resulting from the measures is subject to guarantee to offset the cost of the energy or water conservation or usage measures over a specified period. The term includes a contract related to the pilot program described by Subdivision (9-a) and a contract for the installation or implementation of the following in new or existing facilities, including all causally connected work:
Energy savings performance contract means a contract for energy or water conservation measures to reduce energy or water consumption or operating costs of school facilities in which the estimated savings in utility costs resulting from the measures is guaranteed to offset the cost of the measures over a specified period.
Energy savings performance contract means a contract with a qualified energy service company for the identification, evaluation, recommendation, design and construction of energy conservation measures that guarantee energy savings or performance.
Energy savings performance contract means a contract providing for the construction or installation of energy savings facilities or equipment to be paid for over time in whole or in part based upon energy savings expected to be achieved from such facilities or equipment.
Energy savings performance contract means a contract
Energy savings performance contract means a Public Contract between the District and a
Energy savings performance contract means a contract for energy or water conservation measures to reduce energy or water consumption or operating costs of new or existing school