Abstract: Integrating electrochemical energy storage, energy-saving in transportation industry and energy performance contracting,the electrified railway energy storage contract energy management is a new user side technology.There is no marginal cost in energy transfer, the profit space is sufficient.Taking the net present value as the index, this paper established the cost-benefit model of electrified railway energy storage.Aiming at the energy-saving benefit sharing EPC, this paper established the income distribution model based on Shapley value method, and analyzes the income sharing proportion and the determination method of loan interest rate.Theoretical analysis showed that the income of energy service company was half of the cost that could be reduced by its professional technology, the income of financial institutions was half of the cost of using own capital, and the rest of the income was owned by the traction power supply system of electrified railway.The model and calculation method proposed in this paper are verified by the case study of the measured data, which was helpful for the stakeholders to make more reasonable decisions in the investment analysis and demonstration stage.