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ENERGY PERFORMANCE CONTRACT MODELS |
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| CONTRAC TYPE | PAY FROM SAVINGS | ||
| SCHEME OF THE CONTRACT |
source: ASSISTAL |
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| GENERAL INFORMATION | CUSTOMER |
─ The customer Finance interventions through third Party Financing ─ The customer returns the debt in payments proportional to the savings achieved (the funder evaluates the technical project) ─ The customer accept the “credit risk” ─ For the duration of the contract, receives 100% of the savings achieved ─ The customer pays a fixed fee for the services of the ESCO |
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| ESCO |
─ Finds and organizes the financing ─ ESCO guarantees a minimum energy savings agreed with the customer ─ Accept only the risk to the guaranteed performance “technical risk” |
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| BANK | ─ The Bank participates in the project and finances the customer, accepts a financial risk since it is reimbursed annually based on the cost savings achieved | ||
| SWOT ANALYSIS | STRENGTHS |
─ High degree of flexibility of payments for the Public Administration ─ Payments to third party lenders will be conditional on the actual savings, so that any deficiencies do not cause problems with the payment of the loan |
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| WEAKNESSES | ─ The banks can not schedule the time for the return of their investment and they have to share the risk of the project with the ESCO about the level of guaranteed energy performance | ||
| OPPORTUNITY | ─ Low Financial risk for Public Administration | ||
| THREATS |
─ The credit system has difficulty accepting the project risk − The ESCO is very involved on achieving the goals of scheduled saving |
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