Performance Contracting is a technique by which a building owner or manager contracts with an energy service company (ESCO) to implement and finance energy efficiency strategies. Often, the ESCO guarantees that the strategies implemented will generate sufficient savings to cover the monthly finance payments. Although ESCOs assume much of the risk associated with implementing energy efficiency strategies, all too often building owners and managers believe that there is no risk associated with their participation in such agreements. Unfortunately, that is not the case.

Like any other business transaction, building owners and managers are still responsible for ensuring that they get what they want, and what they pay for. They must select the right ESCO, negotiate a satisfactory agreement that works for both parties, and maintain vigilance to ensure that all the ESCO¹s work is of the highest quality. E Cube supports clients by assisting with all these tasks and more.

By utilizing E Cube's performance contracting support services, building owners and managers may:
Confidently utilize performance contracting as a method to implement and finance energy efficiency strategies.
Ensure that savings analyses are accurate and thoroughly documented, and that opportunities that offer substantial benefits are not overlooked.
Get assistance with negotiating an energy services performance contract that is enforceable and protects the interests of both parties.
Ensure that energy efficiency strategies are designed and installed as intended.
Ensure that any implemented strategies achieve the savings.

E Cube helps building owners and managers achieve theseobjectives by providing these services:
Identify performance contracting opportunities.
Help write an RFQ for ESCOs, qualify respondents, and review responses.
Review ESCO analyses of strategies and predicted savings.
Help negotiate an energy services performance contract.
Review design documents and installation procedures.
Provide commissioning to verify installation
Verify savings, or review verification analyses conducted by others.
Assist with operation and maintenance documentation and training.