Read up on Energy-Saving Performance Contracts (ESPC)

March 31, 2015 Schneider Electric

The cost of operating and maintaining federal agency data centers is extremely high. Mandates and initiatives have been put in place to address these costs through energy conservation, but with budgets already strained, the initial capital investment can be a daunting hurdle. Energy Savings Performance Contracts (ESPCs) provide federal agencies with an alternative financing option for energy-related facility improvements, which required no up-front capital costs or special Congressional appropriations.

White Paper 176, ESPCs for Federal Data Center Consolidation
Schneider Electric holds one of 16 Department of Energy (DOE) ESPC indefinite-delivery, indefinite-quantity (IDIQ) contracts. The contract is designed to make ESPCs as practical and cost-effective as possible for federal agencies. The Department of Energy awarded these "umbrella" contracts to ESCOs based on their qualifications, past experience, and ability to meet terms and conditions established in IDIQ contracts.
DOE ESPCs can be used for any federally-owned facility worldwide.

For more information, read the whitepaper


Benefits
DOE ESPCs help federal agencies meet energy efficiency, renewable energy, water conservation, and emissions reduction goals by streamlining contract funding for energy management projects. The streamlined financing provides multiple benefits, including:

  • Increased quality
  • Flexible, practical contract processes
  • Expert technical support through Federal Energy Management Program (FEMP)
  • Guaranteed cost savings

For more information, visit the FEMP Web site

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