Energy-Based Performance Contracting: Development Phase TEN’s Educational Series Part 2
From Assessment to Action: How TEN Helps You Make Smart Facility Investments
If you manage a facility, you know the challenges all too well—aging equipment, rising operational costs, and the constant need for improvements. But with so many competing priorities, how do you determine where to invest, what upgrades will deliver the most value, and how to fund them efficiently?
At TEN, we specialize in energy-based performance contracting, guiding facility managers through a structured process to identify, design, and implement cost-effective solutions. Our goal? To help you reduce costs, improve efficiency, and build a more resilient facility while maximizing your return on investment.
Step 1: Preliminary Assessment–Laying the Foundation
Every facility has unique needs, so our process begins with a preliminary assessment to gather key data. We analyze:
- Energy consumption and utility rate details
- Existing equipment conditions and performance
- Potential opportunities for efficiency improvements
Our team conducts an onsite visit, meeting with operations and maintenance staff to understand daily challenges and site-specific constraints. Next, we develop a comprehensive list of energy conservation measures (ECMs)—ranging from lighting and HVAC upgrades to building automation systems and advanced energy-saving technologies.
Step 2: Investment Grade Audit–Turning Insights Into Action
Once we've identified potential improvements, we take a deep dive into the financial and technical feasibility of each ECM through a detailed energy audit called an Investment Grade Audit (IGA). During this phase, we:
- Conduct multiple site visits and install monitoring devices, as needed
- Analyze equipment lifecycle, system configuration, and operational strategies
- Assess cost-effectiveness and potential energy savings
- Make sure all proposed upgrades are viable, efficient, and aligned with your goals
Our construction team is actively involved in this stage to confirm that recommended improvements can be built safely, effectively, and within your required timeline.
Step 3: The Financial Breakdown – Making Data-Driven Decisions
This is where the rubber meets the road—at the conclusion of the IGA, we provide detailed, contract-ready financials for each scope item, including:
- Firm fixed costs: Transparent pricing for all recommended upgrades
- Guaranteed savings amounts: Clearly defined energy and cost savings projections
- Custom project selection tool: A unique resource that allows you to evaluate different ECM combinations and their net impact
With this information in hand, you can make a well-informed decision about which upgrades to pursue. Our performance contract ensures that your investment is protected with clear savings guarantees and a firm fixed price.
Beyond the First Project – Building a Long-Term Partnership
Many of our clients start with one project and continue working with TEN to implement additional phases. Since we’re already familiar with your facility and operational needs, we can seamlessly identify and execute new upgrade opportunities eliminating the hassle of starting a new procurement process every time.
Ready to Get Started? Let’s Talk!
At TEN, we’re committed to helping facility managers make smarter energy and infrastructure investments. Whether you're focused on cutting costs, improving sustainability, or enhancing resilience, we’re here to guide you on every step of the way.
📩 Let’s start the conversation! Visit us at www.TENsaves.com to learn more.