Energy Performance Contract
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Energy Performance Contract
Energy Savings Performance Contracts (ESPCs), also known as Energy Performance Contracts, are an alternative financing mechanism authorized by the United States Congress designed to accelerate investment in cost effective energy conservation measures in existing Federal buildings. ESPCs allow Federal agencies to accomplish energy savings projects without up-front capital costs and without special Congressional appropriations. The Energy Policy Act of 1992 (EPACT 1992) authorized Federal agencies to use private sector financing to implement energy conservation methods and energy efficiency technologies. An ESPC is a partnership between a Federal agency and an energy service company (ESCO). The ESCO conducts a comprehensive energy audit for the Federal facility and identifies improvements to save energy. In consultation with the Federal agency, the ESCO designs and constructs a project that meets the agency's needs and arranges the necessary financing. The ESCO guarantees that the imp ...
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United States Congress
The United States Congress is the legislature, legislative branch of the federal government of the United States. It is a Bicameralism, bicameral legislature, including a Lower house, lower body, the United States House of Representatives, U.S. House of Representatives, and an Upper house, upper body, the United States Senate, U.S. Senate. They both meet in the United States Capitol in Washington, D.C. Members of Congress are chosen through direct election, though vacancies in the Senate may be filled by a Governor (United States), governor's appointment. Congress has a total of 535 voting members, a figure which includes 100 United States senators, senators and 435 List of current members of the United States House of Representatives, representatives; the House of Representatives has 6 additional Non-voting members of the United States House of Representatives, non-voting members. The vice president of the United States, as President of the Senate, has a vote in the Senate ...
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Energy Conservation
Energy conservation is the effort to reduce wasteful energy consumption by using fewer energy services. This can be done by using energy more effectively (using less and better sources of energy for continuous service) or changing one's behavior to use less and better source of service (for example, by driving vehicles which consume renewable energy or energy with more efficiency). Energy conservation can be achieved through efficient energy use, which has some advantages, including a reduction in greenhouse gas emissions and a smaller carbon footprint, as well as cost, water, and energy savings. Green engineering practices improve the life cycle of the components of machines which convert energy from one form into another. Energy can be conserved by reducing waste and losses, improving efficiency through technological upgrades, improving operations and maintenance, changing users' behaviors through user profiling or user activities, monitoring appliances, shifting load to o ...
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Energy Policy Act Of 1992
The Energy Policy Act of 1992, effective October 24, 1992, (102nd Congress H.R.776.ENR, abbreviated as EPACT92) is a United States government Act of Congress, act. It was passed by United States Congress, Congress and set goals, created mandates, and amended utility laws to increase clean energy use and improve overall energy efficiency in the United States. The Act consists of twenty-seven titles detailing various measures designed to lessen the nation's dependence on imported energy, provide incentives for clean and renewable energy, and promote energy conservation in buildings. Amendment of prior energy acts It reformed the Public Utility Holding Company Act of 1935 (PUHCA) to help small utility companies stay competitive with larger utilities and amended the Public Utility Regulatory Policies Act (PURPA) of 1978, broadening the range of resource choices for utility companies and outlined new rate-making standards. It also amended parts of the Federal Power Act of 1935 (Titl ...
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Energy Service Company
An energy service company (ESCO) is a company that provides a broad range of energy solutions including designs and implementation of energy savings projects, retrofitting, energy conservation, energy infrastructure outsourcing, power generation, energy supply, and risk management. A newer breed of ESCO includes innovative financing methods, such as off-balance sheet mechanisms, a range of applicable equipment configured in such a way that reduces the energy cost of a building. The ESCO starts by performing an analysis of the property, designs an energy efficient solution, installs the required elements, and maintains the system to ensure energy savings during the payback period."What is an ESCO?" National Association of Energy Service Provides (NAESCO). 15 Jan. 2017 . The savings in energy costs are often used to pay back the capital investment of the project over a five to twenty years period or reinvested into the building to allow the capital upgrades that may otherwi ...
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Federal Energy Management Program
The United States Federal Energy Management Program (FEMP) promotes energy efficiency and the use of renewable energy resources at federal sites, helping agencies save energy, save taxpayer dollars, and demonstrate leadership with responsible, cleaner energy choices, because as the largest energy consumer in the United States, the federal government A federation (also called a federal state) is an entity characterized by a political union, union of partially federated state, self-governing provinces, states, or other regions under a #Federal governments, federal government (federalism) ... has both a tremendous opportunity and a clear responsibility to lead by example with smart energy management. Equipment procurement Use FEMP's product recommendations and other useful tips to help you buy the most efficient equipment for your offices and facilities and programs. New constructions and retrofits Learn about how to design high performance buildings that save energy, s ...
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United States Department Of Energy
The United States Department of Energy (DOE) is an executive department of the U.S. federal government that oversees U.S. national energy policy and energy production, the research and development of nuclear power, the military's nuclear weapons program, nuclear reactor production for the United States Navy, energy-related research, and energy conservation. The DOE was created in 1977 in the aftermath of the 1973 oil crisis. It sponsors more physical science research than any other U.S. federal agency, the majority of which is conducted through its system of National Laboratories. The DOE also directs research in genomics, with the Human Genome Project originating from a DOE initiative. The department is headed by the secretary of energy, who reports directly to the president of the United States and is a member of the Cabinet. The current secretary of energy is Chris Wright, who has served in the position since February 2025. The department's headquarters are in sou ...
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Energy Independence And Security Act Of 2007
The Energy Independence and Security Act of 2007Pub.L. 110-140, originally named the Clean Energy Act of 2007, is an Act of Congress concerning the energy policy of the United States. As part of the United States Democratic Party, Democratic Party's 100-Hour Plan during the 110th United States Congress, 110th Congress, it was introduced in the United States House of Representatives by Representative Nick Rahall of West Virginia, along with 198 cosponsors. Even though Rahall was 1 of only 4 Democrats to oppose the final bill, it passed in the House without amendment in January 2007. When the Act was introduced in the United States Senate, Senate in June 2007, it was combined with Senate Bill S. 1419: ''Renewable Fuels, Consumer Protection, and Energy Efficiency Act of 2007''. This amended version passed the Senate on June 21, 2007. After further amendments and negotiation between the House and Senate, a revised bill passed both houses on December 18, 2007 and President George W. ...
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District Of Columbia
Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and Federal district of the United States, federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with Maryland to its north and east. It was named after George Washington, the first president of the United States. The district is named for Columbia (personification), Columbia, the female National personification, personification of the nation. The Constitution of the United States, U.S. Constitution in 1789 called for the creation of a federal district under District of Columbia home rule, exclusive jurisdiction of the United States Congress, U.S. Congress. As such, Washington, D.C., is not part of any U.S. state, state, and is not one itself. The Residence Act, adopted on July 16, 1790, approved the creation of the Capital districts and territories, capital district along the Potomac River. The city ...
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Indefinite Delivery/indefinite Quantity
In U.S. Federal government contracting, IDIQ is an abbreviation of the term indefinite delivery/indefinite quantity. This is a type of contract that provides for an indefinite quantity of supplies or services during a fixed period of time. The legal origin of IDIQ contracts is the Federal Acquisition Regulation (FAR) section 16.504(a) (). IDIQs are also sometimes called "Task Orders" or "Delivery Order Contracts." IDIQ contracts are a subtype of Indefinite Delivery Contract (IDC), which is a "vehicle that has been awarded to one or more vendors to facilitate the delivery of supply and service orders." Usage IDIQ contracts are most often used for on-call service contracts, Architect-Engineering (A-E) services, and job order contracting. Awards are usually for a specified number of base years with renewal options for additional years. These contracts typically do not exceed a total of five years in duration. The government places delivery orders (for supplies) or task orders (for s ...
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United States Department Of The Army
The United States Department of the Army (DA) is one of the three military departments within the United States Department of Defense. The DA is the Federal government of the United States, federal government agency within which the United States Army (U.S.) is organized. It is led by the United States Secretary of the Army, secretary of the Army, a civilian official appointed by the president and confirmed by the United States Senate, Senate. The highest-ranking military officer in the department is the Chief of Staff of the United States Army, chief of staff of the Army, who is also a member of the Joint Chiefs of Staff. Other senior officials of the department are the United States Under Secretary of the Army, under secretary of the Army (principal deputy to the secretary) and the Vice Chief of Staff of the United States Army, vice chief of staff of the Army (principal deputy to the chief of staff.) The DA is a successor to the United States Department of War, Department of ...
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Business Model
A business model describes how a Company, business organization creates, delivers, and captures value creation, value,''Business Model Generation'', Alexander Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self-published, 2010 in economic, social, cultural or other contexts. The model describes the specific way in which the business conducts itself, spends, and earns money in a way that generates Profit (economics), profit. The process of business model construction and modification is also called ''business model innovation'' and forms a part of business strategy. In theory and practice, the term ''business model'' is used for a broad range of informal and formal descriptions to represent core aspects of an organization or business, including Mission statement, purpose, business process, target market, target customers, offerings, strategies, infrastructure, organizational structures, profit structures, sourcing, trading practices, and operational ...
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Efficient Energy Use
Efficient energy use, or energy efficiency, is the process of reducing the amount of energy required to provide products and services. There are many technologies and methods available that are more energy efficient than conventional systems. For example, building insulation, insulating a building allows it to use less heating and cooling energy while still maintaining a Thermal comfort, comfortable temperature. Another method made by Lev Levich is to remove energy subsidies that promote high energy consumption and inefficient energy use. Improved energy efficiency in Green building, buildings, industrial processes and Energy efficiency in transport, transportation could reduce the world's energy needs in 2050 by one third. There are two main motivations to improve energy efficiency. Firstly, one motivation is to achieve Operating cost, cost savings during the operation of the appliance or process. However, installing an energy-efficient technology comes with an upfront cost, the ...
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