Energy Service Companies (ESCOs)
Financial
Energy Management, Inc.
4634 South Broadway
Englewood, CO 80113
303/781-8455 fax: 303/781-8754
Contact: James Crossman, President
www.financialenergy.com
| Type of company: |
Independent |
| Employees in Colorado: |
10 |
| Experience in following sectors: |
Public/Institutional
Commercial
Industrial
Multi-family Housing |
General Information:
Financial Energy Management (FEM) is a Colorado-based independent
energy service company that has been providing customers energy
management contracting and consulting services since 1984 at
over 800 facilities. FEM offers customers a
range of services, including facility energy audits, water conservation
audits, installation contracting and project management, and performance
contract financing and guaranteed savings. In designing projects
to meet customer goals, FEM uses such evaluation criteria as increased
comfort, improved productivity, energy cost reductions, and solid
investment returns.
Recent projects:
Recent projects of note include a lighting retrofit and window
treatments for the Byron Rogers Federal Courthouse in Denver; a
lighting retrofit, LED exit sign fixtures, and compact fluorescent
replacement bulbs for the Children's Hospital, also in Denver. Lighting
retrofit projects at CU-Boulder, Colorado School of Mines, Adams
County K-12 schools, Garfield County K-12 schools, City of Evans,
City of Arvada, Jefferson Hills, Hill AFB, and many others.
Use of savings guarantees:
FEM uses performance contracting with savings guarantees as the
method for financing efficiency projects. FEM's guaranteed savings
plan requires customers to meet a fixed monthly payment based on
the efficiency measures installed. FEM guarantees that the monthly
savings from the energy and water efficiency measures will cover
the costs of these fixed payments. Any savings shortfalls below
the guaranteed level will be covered FEM.
Financing options:
FEM offers clients three funding options: 1) a lease-purchase
with FEM as the lessor; 2) a lease-purchase using a third party
lessor; or 3) customer-obtained financing. FEM covers the initial
capital outlay for the improvements, and is then reimbursed by receiving
a predetermined percentage of the monthly savings. Product performance
risk is limited to the extent possible.
For more information, visit
www.financialenergy.com.
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