Energy As A Service Companies

I recently read an article about an emerging business model energy as a service eaas which is a deviation from traditional power purchase agreements ppas and energy management services.

Energy as a service companies.

The doe qualified list of escos is required by the energy policy act of 1992 as implemented by 10 cfr 436 32. The national association of energy service companies naesco is the leading advocacy and accreditation organization for energy service companies dedicated to modernizing america s building infrastructure through performance contracting. New players large industrial conglomerates oil gas majors tech companies disrupt the value chain. In general escos act as project developers for a comprehensive range of energy conservation measures ecms and assume the technical and.

Energy companies are reduced to providing the barest of power services. Energy service companies escos develop design build and arrange financing for projects that save energy reduce energy costs and decrease operations and maintenance costs at their customers facilities. In its basic form energy as a service is the idea that an outside service company guarantees a building s future energy costs. A newer breed of esco includes innovative financing methods such as off balance sheet mechanisms which own.

An energy service company esco is a business that provides a broad range of energy solutions including designs and implementation of energy savings projects retrofitting energy conservation energy infrastructure outsourcing power generation and energy supply and risk management. Big six moving into energy as a service by acquiring new companies in the uk most of the big six energy suppliers have developed or acquired companies offering new services. Centrica for example in 2015 bought alertme a smart tech company that provides energy and home monitoring hardware and services and panoramic power which helps. Digital and communications technologies are essential to providing a wide range of integrated services.

Energy efficiency as a service or eeaas is a growing trend that enables building owners in the public and private sectors to upgrade the efficiency of electricity and water systems reduce.