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Guaranteed Savings.(reducing utility expenses)

American School & University,  December, 2004  by McDaniel, Wesley

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Byline: Wesley McDaniel

Faced with shrinking budgets, expanding enrollment and pressure to improve academics, schools and universities often are forced to defer maintenance and equipment upgrades. However, schools do have an alternative. Performance contracting allows education institutions to improve facilities and immediately make use of new equipment.

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Performance contracting is a funding method in which energy savings from utility expense reductions are used to pay for projects over several years. Utility savings are realized through various energy conservation measures ...

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