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Public-private co-management Energy Savings Performance Contract (ESPC) for schools retrofitting

Since Paris’ primary and pre-schools comprise more than a quarter of all city-owned buildings and represent around 38% of energy consumption of municipal buildings, a School Retrofit Project was included as part of the Climate Plan. This specific initiative is responsible to retrofit 600 schools, with a target of 65GWh of energy savings per year. In order to guarantee the savings, schools involved in the project are covered by energy efficiency contracts, signed between the public authority and an energy service company (ESCO). The ESCO guarantees minimum savings in energy and is penalised if these targets are not met.