Energy Performance Contracting Manual: State of North Carolina
The goal of energy performance contracting (EPC) is to reduce energy consumption and costs through the acquisition of comprehensive capital energy improvements. A performance contracting agreement is a practical and economical way for public sector entities to obtain and finance needed capital energy projects for their facilities. These agreements provide an opportunity for agencies to free up scarce budget resources for other needed services and activities.
North Carolina's "Guide to Energy Performance Contracting" explains in detail the benefits and pitfalls of energy performance contracting, in which situations EPC is well suited, how to structure an EPC contract, and what rules have been established to guide EPC in each jurisdiction.
Energy efficiency is the process of using less energy to produce the same or increased functions. Often used mistakenly as a synonym for ENERGY CONSERVATION. The ability or potential of a physical body to do work. The most common forms of energy are heat, light, mechanical (moving parts), and electrical.
