ESCO project includes development, implementation and financing to improve energy efficiency and reduce operation and maintenance costs.
The aim of the project is to reduce energy and maintenance cost by installing new and more efficient equipment and optimising energy systems, which ensures investment repayment through savings in the period of 5 or 8 years, depending on client and project.
The risk of savings being achieved can be assumed by HEP ESCO by giving guarantees to the client in accordance with the international protocol.
After the investment is repaid, HEP ESCO withdraws from the project and passes all benefits to the client. All projects are tailored specifically to each client so that it is possible to extend the project to include reconstruction, additions, more comfort and the like by splitting the investment.
Accordingly, the client is able to modernize equipment without investment risk because the risk of savings being achieved can be assumed by HEP ESCO and achieves positive cash flow over the period of repayment and long-term savings.
The International Performance Measurement and Verification Protocol (IPMVP)