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Investment Grade Audit Results PPT Handout 02.02.2012

Investment Grade Audit Results PPT Handout 02.02.2012

Investment Grade Audit Results PPT Handout 02.02.2012

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Energy Savings Performance Contracting<br />

Program<br />

• Developed by state legislature<br />

• Provides means to install energy conservation<br />

measures in publicly-owned facilities<br />

• Capital outlay financed by energy and conservation<br />

savings<br />

ESPC Program<br />

• Interagency agreement between City and<br />

Washington State Department of Enterprise<br />

Services (DES)<br />

• City selects Energy Services Company (ESCO)<br />

• ESCO conducts Preliminary <strong>Audit</strong><br />

• ESCO conducts <strong>Investment</strong> <strong>Grade</strong> <strong>Audit</strong><br />

• Energy Services Proposal and Contract<br />

• Measurement & verification of conservation<br />

savings<br />

2

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