Country:United States
Year:1992
Policy status:In Force
Jurisdiction:National
Date Effective:1992
Policy Type:Economic Instruments>Fiscal/financial incentives>Grants and subsidies, Information and Education>Advice/Aid in Implementation, Economic Instruments>Fiscal/financial incentives
Policy Target:Energy Sector
Agency:Department of Energy (DOE)
URL:http://www1.eere.energy.gov/femp/financing/uescs.html
Legal References:Federal Energy Management Program
Funding:More than USD600 million invested since 1995
Description:

Utility Energy Service Contracts (UESC) allow agencies to implement energy efficiency improvements with no initial capital investment by contracting with a utility to cover capital costs. In a UESC, a utility arranges financing to cover the capital costs of the project, which are repaid over the contract term from cost savings generated by the energy efficiency measures. With this arrangement, agencies can implement energy improvements with no initial capital investment. The net cost to the Federal agency is minimal and the agency saves time and resources by using the one-stop shopping provided by the utility. UESCs focus on energy-efficient improvements, renewable energy technologies, alternative fuel (biomass/landfill), combined heat and power, and reduced water consumption technologies.

This record is superseded by:Federal Energy Management Program (FEMP)

Last modified: Mon, 19 May 2014 15:29:05 CEST