EPC provider means a natural or legal person who delivers energy services in the form of Energy Performance Contracting (EPC) in a final customer’s facility or premises”
EPC provider means a natural or legal person who delivers energy services in the form of Energy Performance Contracting (EPC) in a final customer’s facility or premises”Such definition respects the fact that EPC is only one type of energy services, and is in line with the definition of the energy services provider specified in the EED (for its definition see the glossary at the end of the report). Within the Transparense texts, we use the commonly used term “ESCO” as equivalent of the energy service provider.
Examples of EPC provider in a sentence
Provision of financing by the EPC provider is an option, not a necessary part of the EPC project.
If an EPC project fails to achieve performance specified in the contract, the EPC provider is obligated by the contract to compensate savings shortfalls that occurred over the life of the contract.
Federated Co-operatives Limited National Average SCORING RATIONALEFCL shares its sustainable seafood commitment with suppliers and requires that they regularly confirm the sustainability rankings, certifications and volumes for all products they provide to FCL.
For instance, the EPC provider is committed to informing the Client about the results of measurement and verification of the savings, while the Client is committed to informing the EPC provider about any changes in the use and operation of its facilities during the contract duration that could affect energy demand.
The EPC provider and the Client comply with all laws and regulations that apply to the EPC project in the country in which it is implemented.
More Definitions of EPC provider
EPC provider means an energy service provider who delivers energy services in the form of EPC. " Such definition respects the fact that EPC is only one type of energy services, and is in line with the definition of the energy services provider specified in the EED as follows:
EPC provider means a natural or legal person who delivers energy services in the form of Energy Performance Contracting (EPC) in a final customer’s facility or premises”Such definition respects the fact that EPC is only one type of energy services, and is in line with the definition of the energy services provider specified in the EED (for its definition see the glossary at the end of the report). Within the Transparense texts, we use the commonly used term “ESCO” as equivalent of the energy service provider. 4 Directive 2012/27/EU of the European Parliament and of the Council on energy efficiency, amending Directives 2009/125/EC and 2010/30/EU and repealing Directives 2004/8/EC and 2006/32/EC was approved on 25 October 2012.5 Guarantee of energy efficiency improvement is defined by EN 15900:2010 as ”commitment of the service provider to achieve a quantified energy efficiency improvement”.6 Annex XIII of the EED lists the minimum item as: „Guaranteed savings to be achieved by implementing the measures of the contract.“3 EPC Code of ConductAn important step towards a transparent and trustworthy EPC market is the acceptance and widespread usage of the EPC Code of Conduct. Such a Code is being developed under the Transparense project and will be publically discussed with all interested parties to reflect their needs and concerns.The Code of Conduct is a set of principles describing best practice from EPC providers (primarily) and customers (secondly) in the preparation and implementation of EPC projects in order for them to succeed, maximizing the energy and cost saving resulting from the EPC. The Code is a voluntary commitment and it is not synonymous with any legal obligation. However, acts in violation of the EPC Code of Conduct may cause damage to the EPC providers’ and/or the customers’ good name. It is also an indicator of the quality requirements for new EPC providers entering the EPC market. The EPC Code of Conduct is an in-depth view of what EPC providers and customers believe the EPC excellence is, and it paints a picture of how customers and EPC providers can expect to be treated as a result.By adhering to the EPC core values of the Code of Conduct, EPC providers and customers develop solid foundations for working partnerships based on trust and confidence. They are expected to utilise the Code in order to further develop energy efficiency services to meet their goals and expectations.The EPC Code of Conduct aims to improve understanding and awareness of the ...
EPC provider means Premier Power Renewable Energy, Inc., that was selected by the Power Provider to be the contractor to construct the Generating Facility or Generating Facilities.
EPC provider means Premier Power Renewable Energy, Inc., a corporation that is the contractor selected by the Licensee to design and construct the Generating Facility or Generating Facilities.
EPC provider means the firm(s) selected by Power Providor to engineer, design, procure and install the Generating Facilities at the Sites.
EPC provider means a natural or legal person who delivers energy services in the form of Energy Performance Contracting (EPC) in a final customer’s facility or premises”Such definition respects the fact that EPC is only one type of energy services, and is in line with the definition of the energy services provider specified in the EED (for its definition see the glossary at the end of the report). Within the Transparense texts, we use the commonly used term “ESCO” as equivalent of the energy service provider. 3 The EPC market in Italy: an introductionThe EPC market in Italy can be considered well developed, in the sense that the EPC as a business model has been alive for decades. However, as also outlined in the “National Report on the Energy Efficiency Service Business in Italy“7 (ChangeBest project), “in Italy, the market for energy efficiency services has developed following an uneven pattern (…)”.Data from the Transparense survey indicates that 62% of the ESCO respondents believe that the market for EPCs in Italy had seen a growth since 2010 (16% of the total respondents believe that market is in major growth, while 46% of the total respondents believe it is in slight growth). The remaining respondents believe that the market has either seen little changes (31%), and 7% of the respondents showed an opposing trend to the other respondents noting a slight decline.This percentages does not perfectly reflect EPC orders, since only 50% of the respondents confirm that their EPC orders were slightly increasing, while the rest of the respondents indicate that their orders remained constant (25%) or even slightly falling (25%). Furthermore, 70% of the people who answered had started between 1 and 5 EPC projects over the last 2 years, and almost 23% between 11 and 20.In terms of the sector from which their clients come from, it is interesting to note that both private and public sector are active, since respondents stated that their clients are a ”mixture of both”, with just a slightly bigger share of private clients, and that 32% of the respondents have contracts also with foreign clients.The employees of the ESCOs employed in this field are 0-10 for almost all of the respondents (some respondents state that the staff employed is almost 50 people). This confirms that there is still a split between large energy supply or Facilities Management companies and smaller-sized ESCOs.The building types at which EPCs were being carried out also appear slightly vary between respondent...
EPC provider means a natural or legal person who delivers energy services in the form of Energy Performance Contracting (EPC) in a final customer’s facility or premises”Such definition respects the fact that EPC is only one type of energy services, and is in line with the definition of the energy services provider specified in the EED (for its definition see the glossary at the end of the report). Within the Transparense texts, we use the commonly used term “ESCO” as equivalent of the energy service provider. 3 The EPC market in the Netherlands: an introductionAlthough the Netherlands has a strong tradition in energy efficiency policy, until 2005 there was hardly any ESCO activity on the Dutch market. Recently, the Dutch ESCO market has begun developing, but the market is still in an early stage and the size cannot be compared to countries like Germany and the UK. ECN had described the market situation for the Change Best project in 2009 (ECN, 2009) as about 20 ESCo’s at that time focus on energy efficiency and taking financial risks either by investing themselves or due to a result-related fee. The activities of these ESCo´s concentrate on the built environment: particularly new