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This Energy Services Agreement (ESA) outlines a structure for building owners to reduce utility bills through various energy savings services such as verification and monitoring. Payments are based on the energy savings achieved through the project, with capital and service fees managed by the Chicago Infrastructure Trust, acting as the project sponsor. The agreement involves collaboration with ESCOs or construction contractors and lenders for project capital, installation, measurement and verification (M&V), and guarantees to ensure the successful delivery of energy-efficient solutions.
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Energy Services Agreement Structure Reduced Utility Bill Building Owner Utility Various Services Under the ESA Such as Energy Savings, Verification, Monitoring, Etc. Payments Based on Energy Savings Project Capital & Service Fees Chicago Infrastructure Trust as ESA Project Sponsor (Owner) Loan Payments ESCO or Construction Contractor Lender Project Capital Installation, M&V, Guarantee