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Delray Beach staff outlines energy-savings performance contracting as a way to fund building upgrades without upfront capital
Summary
City sustainability staff presented energy savings performance contracting (ESPC) as a financing option that uses guaranteed energy-cost savings to pay project costs; commissioners asked staff to continue research and return with a more detailed plan for municipal buildings, including the water-treatment plant.
Delray Beach sustainability staff on Jan. 7 described energy savings performance contracting (ESPC) as a tool the city can use to implement large-scale energy-efficiency and systems upgrades without an upfront capital appropriation.
The presentation: Ken Edwards, sustainability officer, and Chris Chaddister, sustainability coordinator, explained that ESPC partners a public agency with an energy…
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