The U.S. Dept. of Energy’s “Super Energy Savings Performance Contracts” initiative is heading overseas. The State Dept. announced on Dec. 8 that it is joining with DOE to use its ESPC delivery mechanism for energy audits and implement systems upgrades at U.S. embassies worldwide.
The Super ESPC vehicle is a public-private partnership that enables companies to conduct energy assessments and carry out upgrades at federal buildings with no initial cost to the agencies. Firms get regular payments that equal savings realized from the improvements until the contract’s full value is paid back.