Budget pressures, escalating energy costs, and aging facilities force decision-makers to do more with less. Performance Contracting is an innovative approach that helps superintendents, city administrators, county commissioners, and other facility professionals fund energy improvements using the savings produced by their improvements. Put simply, it allows owners to make improvements to their facilities to make operations more efficient, cut energy usage, or reduce water usage by partnering with an energy services company to pay for these upgrades using future energy savings. Using this budget-neutral method helps owners avoid using capital budgets for these sorts of projects. Most states have legislation to address much-needed facility upgrades and Veregy finds clients energy-efficient solutions, often without impacting their budget.
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