Energy Performance Contracting (EPC)

Achieve guaranteed energy savings and infrastructure upgrades with no upfront cost through an Energy Performance Contract (EPC).

Finance Upgrades with Future Energy Savings

Reduce Utility & Operational Costs

No Upfront Capital Required

Address deferred maintenance & renew infrastructure through Performance Contracting.

Performance Contracting (via EPCs) allows organizations to fund energy and infrastructure improvements with guaranteed savings. Instead of relying on capital budgets, facilities can implement critical upgrades while paying for them over time with a portion of the energy savings. This ensures projects are financially viable, environmentally impactful, and operationally sustainable.

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Significant energy and water savings are within your reach.

We design each project to fit our client’s objectives to achieve modern energy and sustainability standards. We are a comprehensive, full-service solution. Energy performance contracting enables our team to overhaul your energy systems with innovative financing strategies including grants and repayment based on actual utility cost savings.

Benefits of Performance Contracting With Iconergy

We make recommendations that streamline operations and just make sense. In addition to obvious equipment that is driving utility costs up, we also find ways to strategically include some of those deferred maintenance items that seem to fall through the cracks year after year.

Fund improvements without capital

through guaranteed savings.

Reduce energy waste

through infrastructure renewal.

Address deferred maintenance

without budget constraints.

Prevent downtime

with modern equipment.

Improve building performance

for high-efficiency operations.

Access incentives & grants

to lower system repair costs.

How EPC Works

Pay for improvements through guaranteed utility savings.

Iconergy designs, implements, and verifies energy efficiency upgrades that reduce operational costs, improve performance, and support long-term sustainability, all without requiring upfront capital We begin by establishing a detailed energy baseline using historical utility data and facility analysis. From there, we design a customized scope of efficiency and infrastructure improvements, clearly outlining how savings are generated and how funds are applied before construction begins. Savings are guaranteed, and if performance falls short, we cover the difference.

EPC makes comprehensive energy upgrades achievable today while laying the foundation for future system enhancements, helping facilities stay efficient, resilient, and ahead of evolving energy demands.

  • Guaranteed Savings Structure: All project costs are paid from verified utility savings. If projected savings are not achieved within the agreed timeframe, Iconergy covers the shortfall.

  • Data-Driven Project Design: Utility bill analysis across electric, gas, and water systems establishes a true baseline, allowing upgrades to be targeted where the greatest impact is possible.

  • Flexible, Scalable Solutions: Projects range from targeted retrofits to full system replacements, with clear visibility into scope, costs, and outcomes before construction begins.

Our Approach

How We Approach EPC

The first step in our approach is to complete an Investment Grade Audit (IGA), also known as an ASHRAE Level III audit. The purpose of the IGA is to determine where, when, why and how energy is used in a facility, and to identify opportunities to improve efficiency. Our team leads this process and works closely with building owners, staff and other key participants to ensure accuracy of data collection and the appropriateness of energy efficiency, renewables, and even water management recommendations.

IGA's identify:

  • Action plans for capital measures that improve utility savings and reduce maintenance costs

  • No-cost operational or maintenance adjustments that will save energy and/or water

  • Short-term, low-cost energy and/or water efficiency retrofit recommendations

  • Opportunities for improved lighting, comfort, and code issues that should be addressed

EPC Explained

Project Financing

Energy Performance Contracting (EPC) is a performance-based financing model that enables design-build retrofit projects to be paid for through guaranteed energy and water utility savings. Project scopes and financials are developed through a detailed Investment Grade Audit (IGA), which evaluates existing conditions, identifies conservation measures, and establishes clear savings projections and Guaranteed Maximum Pricing before construction begins.

Savings are contractually guaranteed over the life of the project, meaning Iconergy assumes the performance risk. If projected savings are not achieved within the agreed timeframe, we cover the difference. With a 100% track record of meeting savings guarantees, EPC provides a practical path for organizations and campuses to modernize infrastructure that might otherwise be difficult to finance.

EPC Financing Explained

State Programs & Program Memberships

Iconergy is proud to be a pre-qualified energy service company (ESCO) by the State of Colorado’s Energy Office, the State of Montana, the State of New Mexico, and the State of Wyoming. This means we are qualified to provide performance contracting and design-build services for state, city, county, and special district entities in these states.

Colorado Energy Office

Iconergy is a local, Colorado-owned and operated company whose entire staff is based in Colorado. While state entities need to go through a supplemental selection process, non-state entities may engage Iconergy directly since our pre-approval from the State of Colorado was achieved through a competitive selection process.

State of New Mexico

Iconergy has been newly accepted into the Energy Savings Performance Contracts (ESPC) program for the State of New Mexico to partner with state entities to achieve their net-zero goal. Please view our Energy Performance Contracting page to learn more about our great service or contact us with further questions.

State of Montana

Iconergy is proud to be a prequalified ESCO for Energy Savings Performance Contracts (ESPC) in the State of Montana. Iconergy staff members have experience outside of Colorado and are focused on providing exceptional services for both in-state and out-of-state clients. Please view our Energy Performance Contracting page to learn more about our great service or contact us with further questions.

Wyoming Business Council

Iconergy is proud to be a prequalified ESCO for Energy Savings Performance Contracts (ESPC) in the State of Wyoming. Iconergy staff has experience inside of Wyoming with energy engineering and energy performance contracting. Please view our Energy Performance Contracting page to learn more about our great service or contact us with further questions.

Energy Performance Contracting Projects

From K-12 schools, hospitals, higher education, local government, and beyond, see how we've helped clients achieve their energy goals.

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Let's Talk.

Take Advantage of Energy Performance Contracting Services with Iconergy.

Every project is tailored to our clients’ individual needs, because when it comes to your facility, your needs and objectives always come first. Our team brings inter-disciplinary knowledge to provide EPC services to schools, hospitals, office buildings, and more.

We’d be happy to help you take the first step to enable cleaner, greener, energy use in your facilities. Contact us to learn more about energy upgrades.

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