Contracting makes energy efficiency available in existing buildings
eu.bac and eu.ESCO on Energy Performance Contracting (EPC) at the Building Efficiency Dialogue
Brussels, November 29, 2010 - eu.bac, the European Industrial Association for Building Automation, played an important role in supporting the Building Efficiency Dialogue 2010 in Frankfurt am Main. Hans Symanczik, member of the eu.bac board, presented the opportunities and benefits of the energy performance contracting. Existing buildings will be equipped in an energy efficient manner without impacting the budgets.
The most cost effective and environmentally friendly energy is energy which is neither produced nor consumed. This maxim is the basis of Energy Performance Contracting (EPC) – a still novel energy service.
Hans Symanczik explained the business model for energy savings and investment financing for future savings. This partnership between customers and energy services enables customers to improve energy efficiency on the demand side without tying up their own capital. Buildings are equipped with modern and energy-efficient building technology, permanently consume less energy, and thus make it possible to achieve the political energy efficiency objectives. The contractor takes on the entire risk of the investment. The owner benefits from the services and savings.
The practical implementation of the national and European policies is supported tremendously through the standardized procedures. In order to promote EPC for even more energy efficiency solutions, eu.bac in 2009 founded eu.ESCO – the Federation of European energy service companies. It promotes EPC as a financing model especially for public buildings.
"The money of the EPC program is already in your budget, currently you are spending it on wasted energy," Hans Symanczik said, to motivate the decision makers.