Making your buildings energy efficient — contractual and commercial considerations

An energy performance contract (EPC) is a contractual and funding mechanism that provides energy efficiency retrofit to a building to improve its energy performance while minimising risk to the building’s owner. Any upfront capital investment is recouped through energy cost savings over a period of time, usually between seven and 20 years. The contractor is generally termed an energy service company (ESCO), but in sustainable infrastructure projects the term multi-utility service company (MUSCO) is also used.

Commonly used in the US, the use of EPCs is gaining ground in both the UK and the EU. The European Commission raised the potential for EPCs in its draft Energy Efficiency Directive and within the final directive imposed a requirement on all member states to introduce a framework of measures to promote energy efficiency (to be implemented into national law by 5 June 2014)…

If you are registered and logged in to the site, click on the link below to read the rest of the Walker Morris briefing. If not, please register or sign in with your details below.

Sign in or Register to continue reading this article

Sign in

Register

It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer

 

Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.

 

Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.

 

Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Briefings from Walker Morris

View more briefings from Walker Morris

Analysis from The Lawyer

View more analysis from The Lawyer

Overview

Kings Court
12 King Street
Leeds
LS1 2HL
UK
http://www.walkermorris.co.uk

Turnover (£m): 42.50
No. of lawyers: 188