Energy Performance Contracting / ESCO
An ESCO is an accredited Energy Service Company that provides all of the services required to design and implement a comprehensive project at the customer facility, from the initial energy audit through long-term guarantee of project savings through an Energy Performance Contract (EPC). The EPC provides customers with a comprehensive set of energy efficiency, renewable energy and distributed generation measures and is accompanied with guarantees that the energy and operational savings produced by the project will be sufficient to finance the full cost of the project.