Energy Consulting
Your facilities (much like your people) need a lot of energy to keep running. As time goes on, buildings and their systems age, facility usage changes, and technology continually improves. The need to keep up creates opportunities to replace equipment and systems while reducing your energy bills and using energy savings to fund the upgrades.
What energy service options are available, and what’s the benefit?
The energy services industry has evolved to offer multiple financing approaches for capital projects. These models fund improvements by realizing their associated energy savings over the life of the project, providing alternative funding strategies and creating mechanisms through energy savings. Most importantly, they can be structured so there are no up-front consulting fees as these can be funded through the energy savings.
Primary energy service models that have emerged to address different organizational needs, include:
Performance Contracts - offer the lowest capital investment with fixed payment structures, where you maintain equipment ownership while working through traditional financing arrangements.
Energy Savings Agreements - provide performance-based payment models with moderate capital requirements, balancing risk between you and the service provider through single-contract implementation.
Energy as a Service (EaaS) - delivers comprehensive service packages with performance-based agreements, where the provider owns equipment for the service term and assumes responsibility for maintenance and performance risk.
Evaluating your options
Evaluating and understanding these programs, their structures, and the financial models can be intimidating, time consuming, and confusing. How do you start to evaluate your options and decide which improvements will have the most impact?
We can help. With our extensive experience in energy planning, we offer Energy Consulting (EC) services to guide you through the initial decision-making processes and to support and represent you throughout your engagement with an energy service provider. Our experienced professionals will walk alongside you as you plan for the future of your campus facilities and utilities - and you will have the peace of mind that comes from having a clear, understandable analysis of your options so you can confidently make more informed decisions throughout the entire process.
Considering an Energy Service Contract?
The following is a sample list of questions you should ask before entering into any form of energy contract. We can provide further assistance in evaluating which energy models may be viable options for your organization.
- What potential projects exist? What is the range of savings, and will it fund my project(s)?
- Do I need to prepare an RFP for the project?
- How will I evaluate and select the “right” service provider?
- Do I feel comfortable with the proposed risk allocation and service structure?
- Do I have the internal expertise to manage my risk?
We offer comprehensive Energy Consulting to help you optimize the efficiency of your buildings and campuses including:
- Energy audits and assessments
- Energy benchmarking
- Energy modeling
- Measurement and Verification (M&V)
- Energy as a Service (EaaS) Consulting
- Energy Service Provider Evaluation
- Contract Review
- Investment Grade Audit (IGA) Review
- Development of RFP/RFQ
- Peer Review
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