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Our readers are offered a discount on Lorman seminars and courses. Check out their business, management and legal offers at this link to qualify for our discounts. They also offer green business training opportunities. Please visit http://www.lorman.com/training/CaliforniaGreenSolutions for a complete listing of courses. Register online or call Lorman at 866-352-9539.

Starting an ESCO in California

Starting an ESCO for energy efficiency services to business, government or consumers.

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ESCOs are an effective "new" way to provide financing for energy efficiency and renewable energy improvements. Traditionally, the building owner buys energy equipment. In today's difficult financial world, many building owners are unable or unwilling to invest their dollars in energy-related equipment -- preferring, instead, to pay for the equipment through the energy savings they will accomplish over time.

That's what a private Energy Service Company (ESCO) is designed to help with.

Variety of Energy Program Implementers

There are many potential program implementers in the energy efficiency market that can influence customer decisions over energy services and deliver energy savings measures to them, including:
  • investor-owned utilities (IOUs)
  • local government agencies
  • nonprofit organizations
  • and other entities

ESCOs can specialize in energy retrofit services for existing buildings, in installing renewable energy systems, or a combination of both to maximize savings.

Edited by Carolyn Allen
| esco | energy | energy efficiency | energy efficiency financial district | energy retrofit | entrepreneurship |

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