Energy Performance Contract

UCCS Energy Performance Contract

UCCS is participating in their first Energy Performance Contract through a partnership with Iconergy and the Colorado Energy Office (CEO). The contract was awarded January 2022. This page will provide background on energy performance contracting and provide updates for our campus and broader community to learn more about the process, efficiencies, improvements, potential renewables, and overall cost savings resulting from this project. 

 

What is an Energy Performance Contract?
Energy Performance Contracting (EPC) is a creative model for funding and implementing capital improvement upgrades, which allows entities to use future cost savings to fund projects.

Prior to entering an EPC, an Energy Service Company (ESCO) conducts an Investment Grade Audit (IGA) of your facilities and delivers a project proposal that includes:

  • energy & water efficiency measures,
  • renewable energy systems,
  • electric vehicle technology,
  • operations & maintenance and/or
  • metering infrastructure improvements.

Using the stream of income from cost savings or renewable energy produced, the project repays itself over the contract term.

The Colorado Energy Office EPC Program assists Local Governments, Special Districts, School Districts, Institutions of Higher Education, and State Agencies to incorporate conservation measures with little or no upfront capital. Energy Performance Contracting clients have upgraded their facilities with both common and innovative savings measures. (Content provided by CEO)

EPC 5 Step Process chart

 

Update:

Facilities Services Department is conducting a lighting audit of UCCS campus facilities. Lighting loggers are being installed in a variety of locations throughout the campus in order to determine lighting patterns. Please do not disturb the lighting loggers.

Follow Along with Us!
As of February 9, 2022, UCCS is in Step 3: Investment Grade Audit. What does Step 3 involve?