Energy Supply contract (ESCo

By: Imperative Energy  05/12/2011
Keywords: District Heating, Capital Cost, Energy Supply Contract

Imperative Energy is uniquely offering clients in the UK and Ireland the option of an Energy Supply Contract (ESCO) on biomass projects. Under this model, the client enters into a long term contract (e.g. 10 years or more) to buy metered energy from Imperative Energy at a pre-agreed index-linked price.

Imperative Energy assumes all responsibility for the design, financing, installation, operation and maintenance (including fuel delivery and ash removal) of the biomass system at the client’s site which means that there is no capital cost required on the part of the client who simply pays for the output of the system i.e. cheaper greener energy as he uses it.

The ESCO model is a low risk option that delivers energy cost savings and carbon emission reductions with no capital cost or operational responsibility. Suitable applications for the ESCO model are those clients with a relatively constant heat load such as hospitals and nursing homes, process plants (industrial/food/beverages/timber/etc.), district heating for public/commercial buildings, and leisure facilities.

Keywords: Capital Cost, District Heating, Energy Supply Contract

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