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Energy Savings Performance Agreement (ESPN) Preliminary Application Name: Title: Email: Phone Number: Organization: Building Name×Corporation Name: Building Address: Building Type: (Social Housing,

How to fill out energy savings performance agreement

How to fill out an energy savings performance agreement:

1. Start by gathering all necessary information such as the project description, scope of work, and financial details.
2. Identify the parties involved in the agreement, including the energy service company (ESCO) and the customer.
3. Clearly define the objectives and goals of the project, including energy efficiency improvements, cost savings targets, and sustainability objectives.
4. Outline the specific measures and technologies that will be implemented, such as upgrading HVAC systems, installing energy-efficient lighting, or implementing renewable energy systems.
5. Discuss the financing options and how the project will be funded. This may include discussing the ESCO's fees, any available incentives or grants, and the repayment mechanism.
6. Address measurement and verification processes to ensure that the energy savings are accurately assessed and reported. This may involve establishing baselines, conducting regular audits, and defining the methodology for determining energy savings.
7. Detail the responsibilities and obligations of each party involved, including the roles of the ESCO, the customer, and any third-party contractors.
8. Include any additional terms and conditions, such as performance guarantees, warranties, and dispute resolution processes.
9. Review the agreement carefully, seeking legal advice if necessary, to ensure that all parties fully understand and agree to the terms outlined.
10. Sign the agreement and keep copies for all parties involved for reference.

Who needs an energy savings performance agreement?

1. Entities seeking to reduce energy consumption and costs: Energy savings performance agreements are beneficial for organizations looking to achieve energy efficiency improvements and reduce their operational expenses.
2. Public sector entities: Government organizations, municipalities, schools, and universities often utilize energy savings performance agreements to upgrade their facilities, reduce their carbon footprint, and save taxpayer dollars.
3. Commercial and industrial businesses: Companies operating in various sectors, such as manufacturing, healthcare, retail, and hospitality, can benefit from energy savings performance agreements to enhance energy efficiency, improve sustainability, and cut down on utility expenses.
4. Non-profit organizations: Non-governmental organizations (NGOs) and non-profit entities can also take advantage of energy savings performance agreements to lessen their environmental impact and redirect the saved funds towards their core missions.

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What is energy savings performance agreement?

An energy savings performance agreement is a contract between a facility owner and an energy service company that guarantees energy savings.

Who is required to file energy savings performance agreement?

Facility owners are required to file energy savings performance agreements.

How to fill out energy savings performance agreement?

To fill out an energy savings performance agreement, the facility owner must provide information about their current energy usage and agree to implement energy-saving measures.

What is the purpose of energy savings performance agreement?

The purpose of an energy savings performance agreement is to reduce energy consumption, save money on utility bills, and improve the environmental performance of the facility.

What information must be reported on energy savings performance agreement?

Information such as baseline energy usage, projected energy savings, and details of energy-saving measures implemented must be reported on an energy savings performance agreement.