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PERFORMANCE BASED ENERGY SAVINGS AGREEMENTBETWEENMCCLURE COMPANYANDEAST PENN SCHOOL DISTRICTDATED: JANUARY 9, 2023TABLE OF CONTENTS I.BACKGROUND: .......................................................................................................
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How to fill out energy savings performance contracts

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How to fill out energy savings performance contracts

01
Identify the energy conservation measures that will be implemented in the performance contract.
02
Estimate the cost savings and payback period for each energy conservation measure.
03
Select an energy services company (ESCO) to implement the performance contract.
04
Negotiate the terms of the performance contract including the scope of work, guaranteed savings, and payment structure.
05
Sign the performance contract and monitor the implementation of the energy conservation measures.
06
Verify the savings achieved through measurement and verification processes.
07
Report on the energy savings and pay the ESCO based on the performance contract.

Who needs energy savings performance contracts?

01
Government agencies looking to reduce energy consumption and costs.
02
Commercial building owners aiming to improve energy efficiency and lower utility bills.
03
Industrial facilities seeking to reduce energy waste and improve sustainability.
04
Institutions such as schools and universities wanting to lower operating costs and carbon footprint.
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Energy savings performance contracts are agreements between an energy services company and a customer that guarantee energy savings.
Government agencies and institutions are typically required to file energy savings performance contracts.
Energy savings performance contracts can be filled out by working with an energy services company to outline energy efficiency measures and projected savings.
The purpose of energy savings performance contracts is to improve energy efficiency in a cost-effective manner without upfront capital costs for the customer.
Information such as energy usage data, projected savings, investment costs, and energy conservation measures must be reported on energy savings performance contracts.
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