What is Performance Contracting?

The core of performance contracting is an agreement involving a comprehensive package of services provided by an ESCO, including:
• An energy efficiency opportunity analysis

• Project development

• Engineering

• Financing

• Construction/Implementation

• Training

• Monitoring and verification

Monitoring and verificationis key to the successful involvement of an ESCO in performance contracting where energy cost savings are being guaranteed. ESCOs are not “bankers” in the narrow sense. Their strength is in putting together a package of services that can provide guaranteed and measurable energy savings that serve as the basis for guaranteed cost savings. But, the energy savings must be measurable. We at PowerTech Energy Solutions doing energy saving projects in Industry, Commercial Buildings and Residential Buildings. In this, customer can avail the benefits of cost saving with ZERO investment. We are working on Build-Operate-Transfer (BOT) model to implement the energy saving schemes. Following is the one example for your better understanding

Benefits to Customer

• ZERO investment for energy saving projects (No financial Risk)

• Guaranteed Energy Savings (No technical risk)

• ZERO maintenance cost (Additional saving along with reduced bills

• Earning through % energy savings

• Enhance working creativity by replacing old system with new energy efficient system

• Contributes sustainability by reduction in CO2 emission and energy security

• Use the funds for business growth rather than expenditure on energy saving projects