energy performance contracts

Energy Performance Contracts (EPCs) are agreements between a client, typically a building owner, and an energy service company. The service company invests in energy-saving measures, such as upgrading heating systems or improving insulation. The client pays back the investment through the savings generated from reduced energy costs. This arrangement ensures that the client benefits from lower energy bills, while the service company earns a return on its investment. EPCs help organizations improve energy efficiency without upfront costs, making them a practical solution for reducing energy consumption and costs.