ESCO is short for Energy Service Company. An ESCO is a professional business providing designs and implementation of energy savings projects (also called energy conservation measures) that allow building owners to perform projects to upgrade their building assets. The ESCO performs an in-depth analysis of the property, designs an energy efficient solution, installs the required elements, and maintains the system to ensure energy savings during the contract period.

An ESCO's services include[edit | edit source]

  1. developing, designing, and (sometimes) financing energy efficiency projects;
  2. installing and maintaining the energy efficient equipment involved;
  3. measuring, monitoring, and verifying the project's energy savings; and
  4. assuming the risk that the project will save the amount of energy guaranteed4.

These services are bundled into the project's cost and are repaid through the economic savings generated. Soft costs such as maintenance and training can also be included in performance contracts if they meet the time requirements for the return on the initial investments. ESCO projects are generally comprehensive, and thus provide an excellent match to just sustainability-based goals.

Examples[edit | edit source]

OVESCo was set up in 2007 by four people who meet through the Transition Town Lewes Energy Group. OVESCo has run the Lewes District Council renewables grant scheme since September 2007 and helped over one hundred homes install solar thermal panels, wood burning stoves, GSHP's, biomass boilers and PV panels. The company is working to convert to an Industrial and Provident Society so that the Lewes District Community can invest in renewable power generation projects. OVESCo's web site can be found at OVESCo

At Universities[edit | edit source]

External links[edit | edit source]

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Keywords construction, energy, energy conservation, energy efficiency, solar
SDG SDG07 Affordable and clean energy
Authors Megan Moore, Joshua M. Pearce, Chris Rowland
License CC-BY-SA-3.0
Language English (en)
Related 0 subpages, 4 pages link here
Aliases Energy Service Company
Impact 482 page views
Created July 20, 2008 by Joshua M. Pearce
Modified October 23, 2023 by Maintenance script
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