What is an EPC?

An Energy Performance Contract (EPC) is a specific type of ESCO. The supplier (Ylem) implements and maintains measures on your site(s) to reduce your energy, water and / or maintenance costs, similar to a standard ESCO. The difference with an EPC is that the supplier guarantees the savings from the saving measures for the duration of the contract.

Why undertake an EPC?

An EPC is a good option if your organisation has any of the following needs:

  • Save costs on annual revenue spend
  • Invest in aged infrastructure
  • Receive technical assistance to identify areas for savings
  • Implement works within an operational site
  • Receive financial assistance to undertake works
  • Transfer risk of achieving the savings to the contractor
  • Team up with a specialist to operate the new technologies and accept lifecycle risk
  • Reduce carbon emissions

How long does an EPC take?

Setting up an EPC is not a quick process. Detailed surveys are required so that we can guarantee savings. Each project is unique. Typically, the assessment and selection of the best solution for your site takes up to nine months. Implementation normally takes up to a year (incorporating all the technologies). This is followed by a 15 to 20 year period during which the EPC runs and savings are guaranteed.

Over time, your organisation will benefit from large savings and significant improvements to your site infrastructure.

Who can benefit from an EPC?

Any organisation can benefit from an EPC. Public sector organisations will need to follow the OJEU process. There are frameworks set up to make this process easier. See our frameworks page

What are my next steps?

If you are interested in an EPC, contact us. We can do a desktop study to determine whether there is potential for a successful and beneficial EPC.