The Energy Services and Technology Association (ESTA), is to launch an Energy Performance Contracting Group, reports Energy Zine.
The UK’s energy management industry body, the Energy Services and Technology Association (ESTA), is to launch an Energy Performance Contracting Group to help organisations reduce energy costs and improve efficiency.
Energy Performance Contracting involves an agreement between service provider and customer in which the provider plans, installs and if necessary funds the measures to cut energy consumption and improve efficiency. The costs are recovered over the term of the contract. However, since energy consumption falls from the start of the process, overall costs to the customer are also reduced.