As the world moves towards a more sustainable future, investors are increasingly recognizing the need for assistance to achieve their energy performance contracting (EPC) targets. EPCs are agreements between an energy service company (ESCO) and a customer that provide energy savings through the installation of energy efficiency measures. These measures can include lighting upgrades, HVAC system replacements, and building envelope improvements.
The benefits of EPCs are numerous. They provide customers with long-term energy savings, improved comfort and safety, and reduced environmental impact. Additionally, they can provide investors with a steady stream of income from energy savings and performance guarantees.
However, achieving EPC targets can be difficult for investors. The upfront cost of implementing energy efficiency measures can be high, and the return on investment may not be immediate. Additionally, there is often a lack of knowledge and expertise in the area of energy efficiency.
Fortunately, there are a number of ways that investors can get assistance to achieve their EPC targets. For example, they can work with an ESCO to develop an energy efficiency plan tailored to their needs. ESCOs can provide advice on the most cost-effective measures to implement, as well as access to financing options. Additionally, investors can take advantage of government incentives and rebates to offset the cost of energy efficiency measures.
In addition to working with an ESCO, investors can also seek out other sources of assistance. For example, they can join a professional organization or network dedicated to energy efficiency. These organizations can provide access to resources and expertise, as well as opportunities for collaboration with other investors.
Ultimately, investors need to recognize the need for assistance to achieve their EPC targets. By working with an ESCO and taking advantage of other resources, they can ensure that their investments are successful and that they are making a positive contribution to a more sustainable future.