Articles

You’ve already made some crucial decisions about energy efficiency, whether you realize it or not. Have you made the right decisions? Are you as energy efficient as you could be? Are you doing everything you can to make sure your organization is successful?

When looking for ways for your school district to operate more efficiently, the “rock” to turn over with the greatest amount of savings is most likely energy management. Many times, this resource is hidden, ignored, or misunderstood by school districts that are sitting on the potential.

Many schools are facing some difficult choices. High community expectations, new educational standards, increasing expenditures, aging facilities and limited school funding are some of the issues forcing tough decisions. An ESPC is a method to finance capital improvements that will save energy while saving operational dollars.

One way to improve school buildings without putting additional demands on capital budgets is through a guaranteed energy savings performance contract (ESPC). But there are also some potential risks. When selecting a partner, you should make sure they have an approach that will alleviate these concerns.

Many risks in an energy savings performance contracting project can be minimized through the selection of the right partner. As your project partner, it is the energy service company’s (ESCO) responsibility to work with you to define your project and provide experts to fulfill the needed roles for evaluation, implementation, and long-term performance.

ESCOs often operate in an open book fashion as compared to a more traditional process that has many of the costs hidden in the contractors bid. Both construction processes have similar costs, whether or not they are broken out in as much detail depends on the transparency of their cost and bidding structure.

School districts should think creatively and explore options to get the most benefit from their facility funds. One proven option they should consider is the inclusion of an Energy Savings Performance Contract (ESPC) alongside a bond issue. There are several benefits of this approach that can help you get the most out of your facilities.

One way to improve school buildings without putting additional demands on capital budgets is through a guaranteed energy savings performance contract (ESPC), also called a guaranteed energy cost savings contract. Even if you do not have significant deferred maintenance this type of program may be an additional tool to benefit your district.

Building owners and facility managers are often tasked with recommending and justifying decisions made around building projects. By gathering data in real time, facility managers can understand how a building consumes energy.

Learn about the power of Data Analytics and how Navitas used it to help the City of Gladstone capture additional savings after their energy project was completed.