Energy Service Company – The ESCO Model
An Energy Services Company is a company that will develop, install, and finance energy projects that are designed to improve energy efficiency and reduce on-going operational and associated maintenance costs. These types of contract are known as an Energy Savings Contract or ESCO for short. Although the concept of ESCO contracts have been around for a number of years it is still an emerging market in the UK and is typically for customers with an estimated project cost of £2 million pounds or more.
Energy Service Company - Shared Energy Saving Performance Contract (SESPCO) | Catalyst Commercial Services - The Market Leading Business Energy Broker