EPC (Budget-Neutral) Financing Options
If you’re interested in a design-build retrofitting project but you’ve got some cost concerns, energy performance contracting (EPC) can help.
Energy Performance Contracting (EPC) is an innovative financing model that can help you finance a design-build retrofitting project at no cost. You read that right—EPC can provide you with all the benefits of a design-build retrofitting project on a budget-neutral basis! Here’s how it works…
EPC financing is a performance-based contract where the cost of system retrofits is paid for through the energy savings generated (and guaranteed) by the retrofit. Typically, these contracts are funded by local or state jurisdictions.
Under an EPC contract, we guarantee a certain level of energy savings over the term of the contract. If the energy savings are not achieved within a predetermined timeframe, we’ll cover the difference! This makes EPC financing an extremely low-risk option for financing your energy overhaul.
Energy performance contracts provide an unprecedented avenue to sustainable energy use for our clients—that’s why we specialize in EPC. To learn more about EPC projects with Iconergy, click here!