ESCOs Around the World `

Abstract

Imagine an industry where 25-50% return on investment is commmon.. an industry that can cost-effectively reduce pollution and bring us colser to our sustainability goalss.. an industry where customers are offered reduced operating costs and new equipment without frontend capital expenses.. an industry where the project costs are paid for out of avoided utility costs gurantee.. an industryu where targeted projects can reduce carbon emissions, thus avoiding important impacts on climate change. The appeal is enourmous, so it is not surprising that the energy perfomnce contracting industry and energy service companies (ESCOs), which offer all this, have been growing rapidly.