Saving energy costs without capital costs. Energy Performance Contracting (EPC) – an unexploited possibility
07. 03. 2014
Energy Performance Contracting (EPC) has the potential to provide substantial energy savings by enabling public building owners to finance the upgrading of ageing and inefficient facilities. The basic principle is that energy efficiency improvement investments are financed directly from saved energy costs. But while the EPC business model makes these investments much more feasible, the number and size of projects is still limited.
The EU project Transparense, aiming at supporting the development of the EPC market, has found that lack of trust in the industry, the complexity of the EPC concept, regulatory barriers and lack of governmental support are key reasons.
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