Lack of initial capital is not an obstacle to getting started on energy saving projects. Energy Performance Contracting (EPC) provides the capital and expertise needed and allows you to access future savings NOW, for the immediate benefit of your operation.
This investment cannot be compared to those that require new money to be allocated in the budget. The project is 'self-funded' and creates a positive circle of sustainability; additional efficiency improvements may be financed by the energy savings.
Financial facts and benefits
- Quick and simple payback in 2-3 years with a possible IRR of 50%
- Energy efficiency is a very sound investment, not an expense
- No new money is required to do this work
- Project financing need not affect the debt load
- Reducing operating costs increases your competitive power
- Studies have shown that energy efficiency creates five times as many jobs per megawatt hour as does the creation of new power generation*
* Reference: Shirley Hansen, Ph.
