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Energy Audits: The Key to Performance Contracting Projects
Abstract
The term "Performance
Contracting" relates to projects
where the performance of various
energy conservation retrofits result
in eavings that exceed the
implementation cost of the entire
project when financed over a fixed
term. Such projects minimize the
risk to the customer by guaranteeing
a fixed annual return on the
investment. If the specified
guarantee amount is not met annually,
the respective energy service company
writes a check to account for the
difference in the savings shortfall.
Citation
Tharoor, M. (1994). Energy Audits: The Key to Performance Contracting Projects. Energy Systems Laboratory (http://esl.tamu.edu); Texas A&M University (http://www.tamu.edu). Available electronically from https : / /hdl .handle .net /1969 .1 /6638.