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What is a Stipulated Energy Savings Agreement?
The Stipulated Energy Savings Agreement is a three-party agreement between Sustainable Energy Fund, your organization, and the contractor(s) to provide energy efficient upgrades that result in energy savings. Sustainable Energy Fund will pay the contractor of your choosing to install energy conservation measures you select. Upon completion of the project, a portion of the savings will be used to pay for the upgrades over a specified period of time. Once the term of the contract is completed, all future savings are yours.
Sustainable Energy Fund will assist you in:
Stipulated Energy Savings Agreements are an innovative approach to financing energy projects for commercial entities. Sustainable Energy Fund’s staff will assist your organization each step of the way as you consider various energy projects that will lower your operating costs.