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Energy Service Companies (ESCOs)

Category: Business Practices, Energy Service Companies (ESCOs)

An ESCO is a company that specializes in energy savings with technical solutions. ESCOs help their clients understand their energy use and identify inefficiencies and opportunities for improvement. Many ESCOs guarantee energy savings over the payback period and can be held accountable to pay the difference if the project does not meet its projected return on investment.

Impacts

  • GHG Impact

    Moderate

  • Economic Impact

    Net Savings

  • Feasibility

    Doable

  • Timeline

    1-2 years

  • Maintenance

    High

  • Publicity

    That's interesting