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• Capital cost for increased efficiency transferred from the energy consumer
• Revenue stream can be used to fund back log maintenance as well as increased efficiency
• Most Performance contracts can be structured as service contracts and therefore accounted as ‘off balance’ sheet
• Common to have a ‘continuous improvement’ clause to ensure contractors continue to work on further efficiency
• Provides facilities with ongoing visibility and control of their consumption
Flexible contract structured to the needs of individual customers
Visibility
Roll out of planned metering to capture usage
and highlight wastage
Control
Embed supporting technology to control
and optimised
consumption
Optimise
Upgrading of assets
and adoption
of efficient technology
1 3 2
Critical to start with gaining visibility and real time demand management
• A Water Performance Contract (WPC) is a technical solution but also a financial product
• The value of the contract is not based on the value of kit and metering
• The value is based on the financial return of the Contract
A WPC’s standardised sections: • Complaints Procedure • Data Protection • Data and Protocols • Compliance with an Assurance Body (UCAB) • Adjudication
• WPC - off balance sheet • Due to the meter (the meter is owned by the water
retailer) • It could be removed from the building or sold to the
next service company • Adjudication on the value of the meter will be in the
WPC
UCAB will set up three working groups from amongst its members: 1) Water Performance Contract (WPC) 2) Code of Conduct (CoC) 3) Standardisation of Protocols (SoP)
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