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
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
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
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.
News from Walker Morris
News from The Lawyer
Briefings from Walker Morris
When considered practically, the logical approach would be that a property is worth however much people are prepared to pay for it.
The degree and object of annexation were the key principles for the High Court to consider in the recent case of Lictor Anstalt v Mir Steel UK Ltd and Libala Ltd.
Analysis from The Lawyer
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all
The law school war shows no signs of ending. But we have, perhaps, reached the end of the beginning.