Ferrari Green Energy can provide energy-efficiency services that are financed by way of Energy Performance Contracts (EPCs). This is another form of financing which ensures the customer achieves energy savings and is of great importance to customers that lack the capital to invest in energy efficiency.
An Energy Performance Contract (EPC) can be of significant benefit to customers in that they can pay for their investment directly through the energy savings achieved by the ESCo. Under an EPC, it is Ferrari Green Energy that finances the entire energy-efficiency project, takes on the technical risk, and ensures the savings are achieved.
After completion of the energy-efficiency project financed by the ESCo, utility costs decline and the energy savings is achieved. These savings are then used to cover the initial cost of the investment and the costs for the entire duration of the contract. Once the contract comes to an end, the energy and cost savings are enjoyed by the customer in their entirety.