Green Building Newsletter - October 2010

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In This Issue:

Law and Policy Updates: Overview of Energy Savings Performance Contracts; Texas Oil Companies Seek Repeal of California Global Warming Law; More Obstacles to AB 32 Implementation; Fannie Mae Regulators Shut Down Clean Energy Funding Program; Partisan Gridlock Complicates Already Difficult Energy Debate; In the Spotlight — U.S. Regenerative Network; Recent News; and Questions or Comments?

Law and Policy Updates

Overview of Energy Savings Performance Contracts

BY DAREN GRAHAM

Energy savings performance contracts (ESPCs) are partnerships between energy services companies (ESCOs) and their customers for the purpose of financing and implementing cost-saving energy efficiency improvements. An ESCO’s principal service under an ESPC is the development, design, engineering, and installation of projects that reduce the energy and operations and maintenance (O&M) costs of customers’ facilities. These projects typically include a variety of measures customized for the facility and designed to improve the efficiency of major building systems, such as heating, ventilation, air conditioning, and lighting systems.

Please see full newsletter below for more information.

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Published In: Administrative Agency Updates, Construction Updates, Energy & Utilities Updates, Environmental Updates, Finance & Banking Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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