EPS Financing solutions

Financing Solutions

Realize the benefits of energy efficiency faster, without impacting your balance sheet

EPS Financial Services is a full suite of flexible finance offerings that enable customers to realize their energy cost reduction goals quickly, even when faced with restricted capital budgets.

Our services include

Power Purchase Agreement – Benefit from cogeneration (CHP) without capital investment and operations burdens

EPS PowerSaver™ - Boost the efficiency & performance of your cogeneration plant

Shared Savings – Remove the capital barriers to greater energy efficiency and profitability

Energy Efficiency Leasing – Achieve energy savings without capital outlay

Power Purchase Agreement

Benefit from cogeneration (CHP) without capital investment and operations burdens

Cogeneration and renewable energy plants, when implemented properly, have the potential to deliver significant savings to industrial manufacturers over purchased electricity and thermal energy from the grid and local utility companies.

In practice, however, implementing and effectively operating a renewable energy or cogeneration project are complex processes that are often outside the core function of a manufacturing plant’s management team.

The EPS Power Purchase Agreement maximizes renewable energy and cogeneration savings, while placing the operational burden on EPS. In this contract

EPS develops, engineers, constructs, owns, operates, and manages a distributed cogeneration plant at your facility.
EPS then sells the electricity and thermal energy from this plant back to you under long term contract, at prices designed to be lower than the utility rates.

With an EPS Power Purchase Agreement, you are able to implement and recognize significant savings from a cogeneration facility at your manufacturing plant, while avoiding the large capital investment, human resource requirements and daily management of the facility.

Additionally, you gain a more reliable and predictable source of energy, which results in better management of the production process.

PowerSaver

Boost efficiency and performance of your cogeneration facility

EPS PowerSaver is designed to improve existing underperforming cogeneration facilities. This EPS service enables you to focus on your core business while realizing the benefits of a more efficient cogeneration plant, with secure cash flow and no fuel management or demand risk.

In the PowerSaver program, EPS will:

Contract with you from 1 to 5 years to operate and manage the facility
Absorb all fuel procurement, performance, operation and scheduled maintenance
Deliver a specified amount of savings from the plant to you on a fixed monthly basis

In exchange for the savings, you agree to purchase all electric and thermal energy generated by the plant at the prevailing utility rate. The monthly payment to EPS is priced to achieve a positive cash flow today.

EPS PowerSaver

Provides immediate positive cash flow from your existing asset
Relieves you from fuel management and plant operations burdens
Delivers dependable energy and reduces operating risks
Is flexible with 1 to 5 year contracting terms
Eliminates in-house operating costs and frees up management time

Shared Savings Agreement

Remove the capital barriers to achieving greater efficiency and profitability

Upgrading, replacing or adding new equipment is often a prime way reduce energy usage and greenhouse gas emissions or to address potential energy supply shortages. Yet, despite attractive payback metrics, these projects are often not undertaken due to capital allocation constraints and long approval cycles.

The EPS Shared Savings Agreement enables you to move beyond those constraints so you can implement those projects and start generating immediate energy savings with no upfront investment.

Here is how it works:

EPS designs, develops, engineers and finances a series of projects within a facility. We bundle those projects together within one special-purpose vehicle.
EPS performs ongoing monitoring and verification of the savings from the projects, which are then split between you and EPS
You pay EPS a percentage of the verified savings representing EPS’ share of the split and retain the option to purchase the projects at any time throughout the term

With an EPS Shared Savings Agreement:

Projects are implemented faster and you achieve your target energy efficiency savings
You are able to off-balance-sheet finance the entire retrofit over a 4 to 10 year contract
You do not need to provide an up-front investment

Energy Efficiency Leasing

Achieve energy savings without capital outlay

EPS provides lease financing services for many of the energy projects we install. Lease products include both operating and capital lease structures.

We work closely with you to size the payment streams to be lower than the total savings realized from the new project, providing savings benefits immediately. Depending on the asset class, the project will either transfer directly or be sold at fair market value at the end of the lease term.