Energy Savings Performance Contracts (ESPCs), also known as Energy Performance Contracts, are an alternative financing mechanism authorized by the designed to accelerate investment in cost effective measures in existing Federal buildings. ESPCs allow Federal agencies to accomplish energy savings projects without up-front capital costs and without special Congressional appropriations. The (EPACT.
[pdf] The National Energy Administration is mainly responsible for formulating and implementing energy industry plans, industrial policies and standards, developing new energy, and promoting energy conservation.
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