Performance Contracting Model : Guaranteed Energy Savings - PowerPoint PPT Presentation

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Performance Contracting Model : Guaranteed Energy Savings

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Agency will review and decide whether to execute GESP contract. ... The Term of the GESP Contract begins after completion of all the construction, ... – PowerPoint PPT presentation

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Title: Performance Contracting Model : Guaranteed Energy Savings


1
Performance Contracting Model Guaranteed Energy
Savings
  • Agency invests in the energy efficiency
    improvement measures.
  • The ESCO guarantees the level of savings that
    will be achieved and the minimum project return
    on investment. ESCO is obliged to pay the agency
    any shortfall in realised savings
  • ESCO offer comprises
  • Consultancy Fee Fee for carrying out the audit
  • Annual Guaranteed savings (AGS) Guaranteed
    dollar value savings that Agency will
    realised over the fixed TERM
  • Guaranteed Return on Investment (gROI) - Fixed
    percentage value that the
    project ROI to meet or exceed
  • Project ROI Annual Realised Saving/ Contract
    Price x 100

2
Performance Contracting Model Guaranteed Energy
Savings
  • Project Phases
  • ESCO will carried out the Audit and if it
    confirms that the AGS AND gROI can be met, ESCO
    will be paid 50 of the Audit Fee.
  • Agency will review and decide whether to execute
    GESP contract. If it does not, ESCO will be paid
    the remaining Audit Fee and project ends.
  • If the Agency is satisfied, the Agency could pay
    the balance 50 of the Audit Fee and execute the
    GESP Contract.
  • If Agency is satisfied and execute the GESP
    contract, the ESCO proceeds to implement the
    energy saving measures. The Term of the GESP
    Contract begins after completion of all the
    construction, installation and other works.
    During the Term, the actual savings will be
    monitored regularly.

3
Performance Contracting Model Guaranteed Energy
Savings
  • Payment Scenarios
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