by Rebecca Walker — January 9, 2009—The Building Owners and Managers Association (BOMA) International and the Clinton Climate Initiative (CCI) are pleased to announce the development of the BOMA Energy Performance Contracting (BEPC) model, which allows building owners and operators to execute sophisticated energy efficiency retrofits to existing buildings.
BOMA and CCI, in collaboration with major real estate companies and energy service companies (ESCOs), identified the historical barriers to energy efficiency investment in the commercial real estate sector and developed a standardized, user-friendly contracting model that allows building owners and operators to successfully execute larger, more sophisticated retrofits and bring greater operational improvements in investment real estate.
BOMA and CCI’s standardized energy performance contracting model removes current impediments to deeper energy efficiency investments. The new BEPC (pronounced bep-see) model revolutionizes the process by allowing capital investments that improve buildings’ financial and environmental performance to be paid for out of the energy and operational saviJanuary 9, 2009—The Building Owners and Managers Association (BOMA) International and the Clinton Climate Initiative (CCI) are pleased to announce the development of the BOMA Energy Performance Contracting (BEPC) model, which allows building owners and operators to execute sophisticated energy efficiency retrofits to existing buildings.
BOMA and CCI, in collaboration with major real estate companies and energy service companies (ESCOs), identified the historical barriers to energy efficiency investment in the commercial real estate sector and developed a standardized, user-friendly contracting model that allows building owners and operators to successfully execute larger, more sophisticated retrofits and bring greater operational improvements in investment real estate.
BOMA and CCI’s standardized energy performance contracting model removes current impediments to deeper energy efficiency investments. The new BEPC (pronounced bep-see) model revolutionizes the process by allowing capital investments that improve buildings’ financial and environmental performance to be paid for out of the energy and operational savings created by those improvements. The savings are financially guaranteed by the ESCO performing the work, reducing risk and enabling deeper potential investment.
The BEPC and supporting documents are available online.
ngs created by those improvements. The savings are financially guaranteed by the ESCO performing the work, reducing risk and enabling deeper potential investment.
The BEPC and supporting documents are available online.
