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