Servicing this need are ESCos (Energy Service Companies) who play a pivotal role in efficient utilization of energy.
This concept originated in the US and Canada and spread to all parts of the world.
In India the ESCo market is supported by World Bank funding.
ESCos offer a variety of contract options and the attraction here is that customers have the option of paying for the energy services from a portion of their actual energy savings bill.
ESCos guarantee the performance and assume the risk (technical, operational and financial)
ESCos provide complete package of custom designed tailor-made services.
ESCos offer complete energy project management services including energy auditing, design, turnkey installation, financing, marketing, maintenance and monitoring.
ESCOS arrange client financing;
Clients enjoy the expertise of modern energy efficiency techniques and technology
Guarantees performance and results;
Recovery of project cost through energy savings
Financing and repayment negotiable
Possible Tax benefits
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