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Super Energy Savings Performance Contracts
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Book Synopsis Super Energy Savings Performance Contracts by :
Download or read book Super Energy Savings Performance Contracts written by and published by . This book was released on 2003 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: This updated publication, produced for DOE's Federal Energy Management Program (FEMP), is an overview of DOE's streamlined energy savings performance contracting ("Super ESPC") process. It is intended for Federal energy and facility managers, contracting officers, procurement staff, private energy service companies (ESCOs), and any others involved in this contracting process. A Super ESPC is an indefinite-delivery, indefinite-quantity contract that allows a qualifying, preselected ESCO to pay the initial capital cost of energy efficiency improvements or renewable energy technologies at a Federal facility. The ESCO is then repaid over time from the Federal agency's resulting cost savings over the term of the contract, which can be up to 25 years. Among other benefits, Super ESPCs allow Federal agencies to obtain energy efficiency improvements and new technologies without having to go through the entire contracting process or having to pay the up-front costs of new equipment and services.
Book Synopsis Super Energy Savings Performance Contracts by :
Download or read book Super Energy Savings Performance Contracts written by and published by . This book was released on 2001 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: This four-page publication describes the U.S. Department of Energy's (DOE's) streamlined energy savings performance contracting, or ''Super ESPC, '' process, which is managed by DOE's Federal Energy Management Program (FEMP). Under a Super ESPC, a qualifying energy service company (ESCO) from the private sector pays for energy efficiency improvements or advanced renewable energy technologies (e.g., photovoltaic systems, wind turbines, or geothermal heat pumps, among others) for a facility of a government agency. The ESCO is then repaid over time from the agency's resulting energy cost savings. Delivery orders under these contracts specify the level of performance (energy savings) and the repayment schedule; the contract term can be up to 25 years, although many Super ESPCs are for about 10 years or less.
Book Synopsis Super Energy Savings Performance Contracting by :
Download or read book Super Energy Savings Performance Contracting written by and published by . This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As this document explains, Super ESPCs are similar to conventional ESPCs. They use the same general contract terms and provisions. However, they differ in two fundamental ways. First, a Super ESPC blankets a large geographic territory while a conventional ESPC is used for a specific site. Second, Super ESPCs substantially reduce the lead time to contract with an energy service company for energyservices.
Book Synopsis Super Energy Savings Performance Contracts: Program Overview by :
Download or read book Super Energy Savings Performance Contracts: Program Overview written by and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Authorized by the Energy Policy Act of 1992 (EPAct), the Energy Savings Performance Contract (ESPC) program was created to provide agencies with a quick and cost-effective way to finance energy-saving technologies. Under an ESPC, energy service companies (ESCOs) assume the capital costs of installing energy and water conservation equipment and renewable energy systems.
Book Synopsis Super Energy Savings Performance Contracts by :
Download or read book Super Energy Savings Performance Contracts written by and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book FEMP written by and published by . This book was released on 1999 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: Authorized by the Energy Policy Act of 1992 (EPAct), the Energy Savings Performance Contract (ESPC) program was created to provide agencies with a quick and cost-effective way to finance energy-saving technologies. Under an ESPC, energy service companies (ESCOs) assume the capital costs of installing energy and water conservation equipment and renewable energy systems.
Book Synopsis Energy Savings Performance Contracts by : Kim Fowler
Download or read book Energy Savings Performance Contracts written by Kim Fowler and published by . This book was released on 2016 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: Constrained budgets and increasing energy efficiency goals have led federal agencies to explore innovative ways to fund energy improvements, including the Department of Energy's Energy Savings Performance Contracts (ESPC). An expected increase in the use of ESPCs has raised questions about agencies' ability to ensure that the government's interests are protected. ESPCs can span up to 25 years and be valued at millions of dollars each. This book examines the extent to which agencies have used ESPCs and plan to use them; projects have achieved their expected cost and energy savings; and agencies have overseen and evaluated such projects.
Book Synopsis Energy Savings Performance Contracts (ESPCs). by :
Download or read book Energy Savings Performance Contracts (ESPCs). written by and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy savings performance contracts (ESPCs) allow Federal agencies to conduct energy projects with limited to no up-front capital costs, minimizing the need for Congressional appropriations.
Book Synopsis Public Procurement of Energy Efficiency Services by : Jas Singh
Download or read book Public Procurement of Energy Efficiency Services written by Jas Singh and published by World Bank Publications. This book was released on 2009-12-17 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current universal concerns about global energy security, competitiveness, and environmental protection make energy efficiency more important than ever. However, realizing large-scale savings has proven a significant challenge due to many barriers. 'Public Procurement of Energy Efficiency Services' looks at a largely untapped energy efficiency market the public sector. While the efficiency potential in this sector is substantial, the implementation of energy savings programs has been complicated by a number of factors, such as insufficient incentives to lower energy costs, rigid budgeting and procurement procedures, and limited access to financing. The book looks at energy savings performance contracts (ESPCs) as a means of overcoming some of these barriers. Because public facilities can outsource the full project cycle to a commercial service provider, ESPCs can enable public agencies to solicit technical solutions, mobilize commercial financing, and assign performance risk to third parties, allowing the agency to pay from a project s actual energy savings. The recommendations in this book stem from case studies that identified approaches, models, and specific solutions to ESPC procurement, including budgeting, energy audits, and bid evaluation. Such an approach also offers enormous potential to bundle, finance, and implement energy efficiency projects on a larger scale in the public sector, which can yield further economies of scale. ESPCs can also serve as an attractive element for fiscal stimulus packages and efforts by governments to 'green' their infrastructure, which can create local jobs, reduce future operating costs, and mitigate their carbon footprint. Lower energy bills, in turn, help to create fiscal space in future years to meet other critical investment priorities. Bundled public sector energy efficiency projects can help stimulate local markets for energy efficiency goods and services and 'lead by example', demonstrating good practices and providing models to the private sector.
Book Synopsis DOE's Energy Savings Performance Contracts Stretch Budgets in the Bureau of Indian Affairs by :
Download or read book DOE's Energy Savings Performance Contracts Stretch Budgets in the Bureau of Indian Affairs written by and published by . This book was released on 2001 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Department of the Interior's Bureau of Indian Affairs has found a good way to reduce energy costs, replace inefficient lighting and aging building equipment, and install renewable energy systems-all without huge increases in the BIA budget. The agency is doing this by making use of the U.S. Department of Energy's Super Energy Savings Performance Contracts (Super ESPCs) at BIA schools and other facilities throughout the country. This two-page case study describes how one BIA facility-the Sherman Indian School in Riverside, California-is cutting its energy costs with badly needed new lighting and heating and cooling equipment, and installing a new photovoltaic energy system, under a DOE Super ESPC, in which the energy services provider pays up-front costs and is repaid out of the facility's resulting energy cost savings.
Book Synopsis ESPC Issues: DOE Super Energy Savings Performance Contracts by :
Download or read book ESPC Issues: DOE Super Energy Savings Performance Contracts written by and published by . This book was released on 2003 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: To reduce the cost and environmental impact of the Federal government by advancing energy efficiency and water conservation, promoting the use of distributed and renewable energy, and improving utility management decisions at Federal sites. The mission involves helping agencies meet their federal energy management goals Reduce energy consumption - Standard building energy per square foot to be reduced by 30 percent in 2005 and 35 percent in 2010 relative to 1985. -Industrial/laboratory energy to be reduced by 20 percent in 2005 and 25 percent in 2010 relative to 1990. Expand use of renewable energy - 2.5% of Federal facility electricity consumption by 2005. - 2.000 solar energy systems by 2000; 20000 by 2010. Implement best management practices for water conservation in 80% of Federal facilities by 2010. Reduce greenhouse gas emissions 30 percent by 2010 compared to 1990.
Book Synopsis Energy Savings Performance Contract Program Overview by :
Download or read book Energy Savings Performance Contract Program Overview written by and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Overview of the U.S. Department of Energy (DOE) Federal Energy Management Program (FEMP) energy savings performance contract (ESPC) program.
Book Synopsis Energy Conservation by : United States. General Accounting Office
Download or read book Energy Conservation written by United States. General Accounting Office and published by . This book was released on 1989 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Energy Savings Performance Contract Project Assistance for Agencies by :
Download or read book Energy Savings Performance Contract Project Assistance for Agencies written by and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Overview of Federal Energy Management Program (FEMP) assistance and services available for energy savings performance contract (ESPC) projects.
Book Synopsis Evaluation of the Super ESPC Program by :
Download or read book Evaluation of the Super ESPC Program written by and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents the results of Level 2 of a three-tiered evaluation of the U.S. Department of Energy Federal Energy Management Program's Super Energy Savings Performance Contract (Super ESPC) Program. Level 1 of the analysis studied all of the Super ESPC projects for which at least one Annual Measurement & Verification (M & amp;V) Report had been produced by April 2006. For those 102 projects in aggregate, we found that the value of cost savings reported by the energy service company (ESCO) in the Annual M & V Reports was 108% of the cost savings guaranteed in the contracts. We also compared estimated energy savings (which are not guaranteed, but are the basis for the guaranteed cost savings) to the energy savings reported by the ESCO in the Annual M & V Report. In aggregate, reported energy savings were 99.8% of estimated energy savings on the basis of site energy, or 102% of estimated energy savings based on source energy. Level 2 focused on a random sample of 27 projects taken from the 102 Super ESPC projects studied in Level 1. The objectives were, for each project in the sample, to: repeat the calculations of the annual energy and cost savings in the most recent Annual M & V Report to validate the ESCO's results or correct any errors, and recalculate the value of the reported energy, water, and operations and maintenance (O & M) savings using actual utility prices paid at the project site instead of the 'contract' energy prices - the prices that are established in the project contract as those to be used by the ESCO to calculate the annual cost savings, which determine whether the guarantee has been met. Level 3 analysis will be conducted on three to five projects from the Level 2 sample that meet validity criteria for whole-building or whole-facility data analysis. This effort will verify energy and cost savings using statistical analysis of actual utility use, cost, and weather data. This approach, which can only be used for projects meeting particular validity criteria, is described in Shonder and Florita (2003) and Shonder and Hughes (2005). To address the first objective of the Level 2 analysis, we first assembled all the necessary information, and then repeated the ESCOs' calculations of reported annual cost savings. Only minor errors were encountered, the most common being the use of incorrect escalation rates to calculate utility prices or O & M savings. Altogether, our corrected calculations of the ESCO's reported cost savings were within 0.6% of the ESCOs' reported cost savings, and errors found were as likely to favor the government as they were the ESCO. To address the second objective, we gathered data on utility use and cost from central databases maintained by the Department of Defense and the General Services Administration, and directly from some of the sites, to determine the prices of natural gas and electricity actually paid at the sites during the periods addressed by the annual reports. We used these data to compare the actual utility costs at the sites to the contract utility prices. For natural gas, as expected, we found that prices had risen much faster than had been anticipated in the contracts. In 17 of the 18 projects for which the comparison was possible, contract gas prices were found to be lower than the average actual prices being paid. We conclude that overall in the program, the estimates of gas prices and gas price escalation rates used in the Super ESPC projects have been conservative. For electricity, it was possible to compare contract prices with the actual (estimated) marginal prices of electricity in 20 projects. In 14 of these projects, the overall contract electricity price was found to be lower than the marginal price of electricity paid to the serving utility. Thus it appears that conservative estimates of electricity prices and escalation rates have been used in the program as well. Finally we calculated the value of the reported energy savings using the prices of utilities actually paid by the sites instead of the contract prices. In 16 of the 22 projects (where this calculation was possible), the recalculated annual cost savings were greater than the annual cost savings reported by the ESCO. In the aggregate for the 22 projects analyzed, the annual cost savings calculated using actual energy prices were found to be 111% of the ESCO-reported savings. Using statistical methods to expand this estimate to the entire 102-project population of Super ESPC projects, we estimate that the total annual cost savings calculated using actual energy prices instead of contract energy prices are about 110% of the reported annual cost savings. We can combine the results of the Level 1 and Level 2 studies to estimate overall cost savings realized by the government for the entire 102-project population of Super ESPC projects examined in Level 1.
Book Synopsis Denver Federal Center Saves Energy, Forges Partnerships Through Super ESPC. Federal Energy Management Program (FEMP) ESPC Case Study by :
Download or read book Denver Federal Center Saves Energy, Forges Partnerships Through Super ESPC. Federal Energy Management Program (FEMP) ESPC Case Study written by and published by . This book was released on 2002 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt: The General Services Administration is not just replacing aging heating and cooling equipment and reducing maintenance costs at the 670-acre Denver Federal Center (DFC). The GSA is also helping the government save about $450,000 in annual energy costs, conserve nearly 11 million gallons of water per year, and reduce annual carbon dioxide emissions by 15.9 million pounds, all by making use of the Department of Energy's Super Energy Savings Performance Contracts (Super ESPCs) at the DFC. Under these contracts, an energy services provider pays the up-front project costs and is then repaid over the contracts term out of the resulting energy cost savings. This two-page case study, prepared by NREL for the DOE Federal Energy Management Program (FEMP), demonstrates how the GSA forged new project partnerships, improved the DFCs boiler plant, and acquired efficient new chillers, motors, controls, and lighting by placing two delivery orders for this work under FEMPs Central Region Super ESPC.
Book Synopsis Federal Energy Savings Performance Contracts by :
Download or read book Federal Energy Savings Performance Contracts written by and published by . This book was released on 2016 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Document provides clarification and guidance on issues commonly raised regarding the scope of 42 U.S.C. § 8287 et seq. It is a supplement to the Federal Energy Management Program's extensive collection of materials that are available to assist federal agencies execute successful energy savings performance contract (ESPC) projects.
