We understand that Energy Saving Performance Contracting projects are most successful when experienced and knowledgeable energy management consultants are engaged.
We have found that:
- EPC projects are not like those other projects municipal facilities staff has managed in the past – they include more scheduling logistics due to multiple lighting, water and HVAC equipment replacements.
- EPC projects include a host of "pitfalls" that can interrupt a successful energy saving initiative.
- Issues arise when Energy Services Companies (ESCOs) are un-challenged by independent energy consultants representing the owner's best interests.
- Over and underestimating savings which can cost you money.
- Project Proliferation
- There are greater financial risks tied into project scheduling and completion because lease payments start on a specific date and there needs to be suitable energy savings generated to pay the debt service.
Through OverSight - our comprehensive energy performance contract project management service - we act as "Owner Representative" to provide:
- Vendor selection
- Vendor contract negotiation
- Project Management