ENERGY PERFORMANCE CONTRACT (EPS)

The first step of the world's carbon emission reduction targets started with the United Nations Climate Change Conference, which was accepted at the 1992 Rio de Janeiro Conference on Environment and Development, and gained momentum with the Paris Agreement. The states that are party to the Climate Change Framework Convention aim to reach the 2050 targets in the Paris Agreement by increasing the use of renewable energy sources, reducing carbon emissions through energy saving, energy efficiency and similar sustainable projects.

One of the most important ways to reach the determined targets is to increase the energy efficiency of the enterprises. Energy Performance Agreements (EPS) have been developed between the Energy Service Company (ESCO) and the employer to facilitate financing for improvements to be made in order to increase the energy efficiency of buildings and industrial facilities. These conventions are widely used in many countries.

In our country, the Energy Efficiency Law came into force in 2007 in order to increase efficiency in the use of energy resources and energy in order to use energy effectively, to prevent waste, to alleviate the burden of energy costs on the economy and to protect the environment. In the 11th Development Plan, which plans the years 2019-2023, a roadmap for energy efficiency and reducing environmental impacts has been determined. 

'Articles of the Law on the Implementation of Energy Performance Contracts in the Public Service' was adopted at the General Assembly of the Grand National Assembly of Turkey on March 21, 2018. According to the law, public administrations within the scope of general government and other public institutions and organizations will be able to enter into energy performance contracts in order to reduce their energy consumption or energy expenditures, and undertake extensive burdening for years not exceeding fifteen years. EPS applications in the public sector can be carried out by Energy Efficiency Consulting Companies, which are given the same law and regulation. 

ESCOs are the most important mechanism for realizing energy efficiency investments all over the world. 

The ESCO conducts a detailed energy audit covering energy uses and related activities (plants, equipment, systems, processes) defined by the Enterprise and may contain various limits, and identifies improvements for energy efficiency.

The energy performance contract is a technical-financing model structured according to the mutual win-win principle, built on the savings potential determined as a result of the energy efficiency studies conducted in an enterprise. Enve Energy (ESCO) determines the energy saving potential after the work it has done in the enterprise. 

Focused systems are being modernized with the appropriate financing model together with the company's declaration of confidence. The investment costs are paid by the promised energy savings. In this process, Enve Energy guarantees savings and assumes all risks related to energy performance. 

Financing can be provided directly by Enve Enerji, as well as by third parties or directly by the company. 

Enve Energy in this process; It provides all services from energy survey to design, from financing to installation and commissioning.

You can contact us so that we can determine the business model and solution proposals that are suitable for you from our guaranteed, shared and non-invested contract types.