The Study On The Application Of EPC

Energy Performance Contracting ("EPC") is a market oriented model for energy saving. The essence of EPC is for users to make investment in the related expenditures of the energy saving projects using the energy expense savings achieved from the project and ultimately achieves energy savings and reduces energy expenses. Introducing and implementing EPC is of great significance to China's transformation of energy-saving service industry. China's energy-saving service industry has huge growth potential. Although the energy-saving service industry is rapidly developing in China, these products can hardly be commercialized in reality due to the extremely high installation and replacement expenses. This has led to a dilemma that the existing energy-saving products cannot be applied and commercialized. Compared with the traditional energy-saving service model, EPC has the following advantages:One whole top service for energy saving– service providers providing professional and systematic technology support and services; Eliminating users'project implementation risks. Project expenditures all coming from the expense savings achieved out of the EPC projects. At the same time, service providers provide professional and systematic technology support and services.Through in-depth investigation and research, this thesis adopts empirical analysis, theory studies, and case studies to find out the essence and significance of applying EPC, and on this basis to explore the feasibility and principles of applying EPC in China, aiming to provide useful reference to China's energy-saving market.