ESCOs are distinguished from other firms that offer energy-efficiency improvements in that they use the performance-based contracting methodology. When an ESCO implements a project, the company's compensation is directly linked to the actual energy cost savings.
The substantial energy-efficiency retrofits and renewable energy technologies inherent in energy savings performance contract ESPC projects typically require a large initial capital investment and may have a relatively long payback period.
Debt payments are tied to the energy cost savings guaranteed for the project, so the agency pays for the capital improvements of the ESPC project with the money saved by the project i. The U. After briefly tracing the history of the industry, she details shareholder-owned, consumer-owned utilities, as well as rural cooperatives and independent power producers. Other issues addressed include deregulation, the emergence of energy marketers, and the flurry of mergers, acquisitions, and consolidations now ongoing.
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Description Contents Ninety percent of the success of your relationship with any ESCO is your ability to select, quantify, contract with, and measure the results you expect to accomplish. Books Standards. Sign in Email Id:. Forgot Password? SEK Swedish Kroner.
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