Building wealth through internal financing of energy savings performance contracts

MBA Professional Report === The Energy Savings Performance Contract (ESPC) program is an important contracting avenue for federal facilities mandated to reduce overall energy consumption. Currently the program allows federal agencies to obtain private financing to pay for the infrastructure improv...

Full description

Bibliographic Details
Main Author: Pedroni, Anthony M.
Other Authors: McCaffery, Jerry
Published: Monterey, California. Naval Postgraduate School 2012
Online Access:http://hdl.handle.net/10945/9998
Description
Summary:MBA Professional Report === The Energy Savings Performance Contract (ESPC) program is an important contracting avenue for federal facilities mandated to reduce overall energy consumption. Currently the program allows federal agencies to obtain private financing to pay for the infrastructure improvements that lead to reduced energy consumption. Controversy over the true cost of private financing continues to jeopardize the future of the program. The DoD could benefit from using its own resources to establish a revolving fund that replaces the private financing thus creating energy "wealth".