Energy Savings Performance Contracts (ESPC): The Top 5 Mistakes to Avoid and How to Move Capital Projects Forward in the COVID-19 Era

Hosted By: Kendra McQuilton, CEO of Energia of Energia  in partnership with the Connecticut Association of School Business Officials (CASBO)
May 21, 2020 at 2:00 PM

Description: During our webinar, we discussed how the COVID-19 crisis is impacting every aspect of school districts’ budgets, making it challenging to keep operations running smoothly, and nearly impossible to move necessary capital projects forward. We shared an overview of ESPCs (Energy Savings Performance Contracts) and their tremendous benefits in funding infrastructure upgrades with zero out of pocket expense and zero taxpayer impact. This combination provides districts the ability to utilize their budget dollars for priority items while supporting capital projects. ESPCs offer GUARANTEED funding through energy efficiency savings; however, five common mistakes can result in the forfeiting of those savings.