Energy Saving Contracting
What are the Energy Services?
As a standard part of the energy saving procedure, some buildings require services such as monitoring, conducting energy audits or building quality reports to our clients helps in providing a strong basis on the urgency or requirements.
Questech’s core business revolves around delivering efficient energy solutions to our clients. We believe in being accountable; our customers can count on us at all times to realize energy savings. As a dependable and trustworthy organization, we are flexible and adaptable in our approach to ensure we do what we say and deliver what we promise.
Our energy saving solutions and services are provided by highly experienced and knowledgeable people, who are experts in their particular field.
ESCO Model
ESCO (Energy Service Company) basically designs and implements energy saving projects, guarantees the energy saving performance to be provided, provides/mediates the financing necessary for the implementation of the projects, and provides and implements the energy supply when necessary, in order to ensure more efficient use of energy in businesses. It is a business model in which risk management is carried out regarding projects.
ESCO Firms determine the legal framework of the project to be created to increase energy efficiency by making Energy Performance Agreements with their customers.
What is an Energy Saving Contracting (ESCO)?
In the Energy Efficiency Law No. 5627, the “energy performance contract” is defined as follows: ‘A contract based on the principle of guaranteeing the energy savings to be achieved after the implementation project and paying the expenditures with the savings that will occur as a result of the implementation.
Why ESCO/EPC ( Energy Performance Contract )?
- Project finance is outsourced
- ESCO manages all processes itself, that is, the project is implemented on a turnkey basis.
- ESCO undertakes the performance guarantee of the project
- The repayment of the financing used is made with the savings provided.
- Energy costs are reduced
- The competitiveness of the business increases
- ESCO Firm undertakes risk management
- Greenhouse gas emissions and carbon footprint are reduced
- There is minimal risk to the business
The typical ESCO project includes the following elements:
- Site survey and preliminary evaluation.
- Investment-grade energy audit.
- Identification of possible energy savings and efficiency improvements.
- The financial design.
- Project financing.
- Performance guarantee by proper contract clauses.
- Comprehensive engineering and project planning.
- Construction, delivery, and installation of equipment.
- Project management, commissioning, and acceptance.
- Operation & maintenance for the contract period.
- Continual measurement and verification of results for the contract period.
How Does the ESCO Process Work?