Energy Service Companies (ESCOs)
WHAT IS AN ENERGY SERVICE COMPANY (ESCO)?
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the ESCOs operating in Colorado. Learn about their areas of focus and
expertise, and how they can help you meet your energy efficiency goals. |
An Energy Service Company, or ESCO, is a business that designs, installs,
maintains, and in many cases finances retrofit and upgrade projects to improve
the energy efficiency of buildings and facilities.
ESCOs have the expertise you need to make the most of your energy efficiency
opportunities. They generally act as project managers for a wide range of tasks
associated with making energy efficiency improvements, and typically offer the
following services:
- Identify and evaluate energy-saving opportunities
- Design an energy efficiency program that meets your needs
- Manage the project from design to installation to monitoring
- Arrange for financing
- Train your staff and provide ongoing maintenance services
- Guarantee that energy savings will cover all project costs
ESCOs typically use performance contracting as a way to finance and implement
energy efficiency projects.
Consider ESCOs as a “one-stop-shop” for energy efficiency, knowledgeable
about the latest technologies, and capable of designing and installing an energy
efficiency project that will save you money, improve your business processes,
and increase employee productivity. Tapping into their expertise may be a wise
business decision.
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