Stable program funding is a key to program success and provides lasting support for the administrative and technical oversight roles of the GESPC program. Where state funds are not available, a self-funding program concept that charges minor fees on GESPC projects should be considered as a means to provide long-term funding that supports the administrative and technical cost of the program.

Just as an guaranteed energy savings performance contract (GESPC) pays for equipment upgrades and related services through the resulting cost savings, it can pay for an oversight fee to cover the state’s program costs. A modest fee can be added as just one more cost element in the performance contracting project cost to be financed and paid for through the guaranteed savings stream.

The following example of a Self-funding program is offered in support of this GESPC key attribute where state funds are not available: