Are you in the midst of creating an energy efficient strategy for your K-12 school? Grant Capital Management is here to help you navigate the process of significantly lowering your school’s annual operating costs (up to 30% according to the U.S. Department of Energy) by implementing an Energy Performance Contracts (EPC).
Nationwide, American primary and secondary schools spend nearly $8 billion per year on energy expenses.
When you have the resources to transform your school into an energy efficient school, the energy bill becomes a controllable cost and helps increase educational quality by reserving more cash flow for the school. Energy cost is the second highest operating expenditure for K-12 schools; the highest operating expenditure is personnel costs.
Implementing an Energy Performance Contracts (EPC) can help you provide energy smart solutions for your school. A qualified Energy Service Company (ESCO) will be hired to do an energy audit of your facilities and to install agreed upon energy conservation measures which will reduce energy consumption throughout your facilities. The best part is that this is all done in a budget neutral fashion.
The Benefits of Investing in Energy Performance Contracting
An Energy Performance Contract is a procurement contract that helps schools and other organizations in the following ways:
Retrofitting your facilities from an energy efficiency perspective without any increase to your budget.
The savings produced from the installed energy conservation measures cover the debt service payments
The energy savings guaranteed. So, if the savings do not materialize as the ESCO has projected, then the ESCO guaranteeing the work has to write your school a check for the amount of savings that did not materialize.
Best of all, equipment retained during the term of the EPC is owned by the school after the term of the contract and the school will receive the full savings benefit once the equipment has been paid for.
Energy Performance Contracts can be used for:
-Operation and maintenance of utility systems
Energy Performance Contracting Process
With Grant Capital Management, you’re in good hands every step of the performance contracting process. We have the capability to:
-Help you to select an ESCO who will develop an effective Energy saving project based on the specific needs of your school.
-Assist in identifying identify the energy project cost
-Assist in identifying energy savings
-Design a financially sound proposal that meets the objectives of your school
-Assist in perform a technical audit to estimate final cost and savings through the EPC
-Assist in completing contract negotiations
-Monitor the effectiveness of the Energy Performance Contract to assure your contract meets your school’s expectations.
Through our customized financing packages, we will ensure that your Energy Performance Contract is financed at a competitive interest rate in which the entire cost of the project is paid via the savings that the energy upgrades bring about. No increase in your budget will be required!
The ultimate goal is to assist your school in energy efficiency and energy savings while increasing revenue gains that will cover the project cost.
Financing your Energy Performance Contracts with Grant Capital Management will help your school complete energy efficient upgrades without any incremental increases in your budget.
Since 2000 Grant Capital has funded over $4 billion in equipment lease purchases and Energy Performance Contract projects. Our team is dedicated to financing energy savings projects for your school.
Get started on your customized financing solutions at competitive market rates today.
Grant Capital Management is a leading provider of capital lease financing to the public sector. We finance almost any type of essential-use capital equipment, real property or Energy Performance Contract. Since 2000, we have funded over $4 billion in lease financings. Grant Capital designs master leases, taxable and tax-exempt lease-purchase agreements and operating leases from $500,000 to $60 million and beyond with terms in excess of 20 years to meet our clients’ specific requirements.
If you need lease-financing services to finance a project, contact Grant Capital Management at 410. 715.9135 or click here today!