ESCO is Energy Service Company who provides energy efficiency management under Energy Performance Contract (EPC) among User (industry/commercial building), Service Provider (ESCO), and Fund (i.e. financial institute/bank). However, the ESCO itself could be both Service Provider and Fund in the same time.
ESCO will analyze, design, and invest in construction in order to enable User reducing energy costs while increasing productivity in such industry/building. The EPC period is generally 4-10 years.
ESCO Scope of Service
To select target group or users; i.e. industries and commercial buildings
To audit and analyze energy consumption, and structuralize energy efficiency target and plan, as well as engineering conceptual design
To provide project presentation documents
To provide or arrange fund
To manage project
To provide or procure the equipment installation, construction, controlling, and maintenance.
To audit and assess energy saving of the project
To guarantee energy savings
To arrange training and provide other energy saving services
The key important factors assuring that the energy saving would be visible assembly, effectively, and flat out are: