The National Association of Energy Service Companies is the leading advocacy and accreditation organization for Energy Service Companies (ESCOs) and is dedicated to modernizing America’s building infrastructure through performance contracting. Uniting the energy service industry, NAESCO promotes favorable government policies; sponsors a rigorous accreditation program; provides training and education; and champions ESCOs interests across the Nation.
Energy Service Companies, ESCOs, contract with institutional energy users in the public and private sectors to provide cost-effective energy efficiency retrofits across a wide spectrum of client facilities, from college campuses to water treatment plants. Effectively utilizing a performance-based contract business model, ESCO's have implemented significant comprehensive energy efficiency retrofit projects over the last three decades.
A recent Lawrence Berkeley National Laboratory report estimates that ESCO investment in energy efficiency retro-fit projects currently runs about $5 billion a year. Since 1990, ESCOs have delivered:
- $70B in projects
- $75B savings – guaranteed and verified
- 650,000 person-years of direct employment
- $52 billion of infrastructure improvements
- 560 million tons of CO2 savings at no additional cost