An Energy Savings Performance Contract (ESPC) is an agreement between a public agency and a qualified Energy Service Company (ESCO).
ESCOs can help schools and public agencies identify, evaluate, recommend, and design energy conservation measures that guarantee energy savings or performance. State agencies that want to use ESPC for energy savings measures are required to use a firm on our pre-qualified list of ESCOs
ODOE has published an Energy Savings Performance Contracting Guidebook
for State of Oregon agencies that are considering using ESPC for state-owned buildings. The guidebook will help you understand, develop, and implement energy savings performance contracts.