Image for ESCO market

ESCO market

The ESCO (Energy Service Company) market involves companies that design, implement, and finance energy-saving projects for customers, such as businesses or governments. These companies typically guarantee energy savings, meaning the project's cost is offset by reduced energy bills. The ESCO market enables clients to improve energy efficiency without upfront costs, making sustainability investments more accessible. It includes services like installing efficient lighting or HVAC systems, and the market is growing globally as organizations seek cost-effective ways to reduce energy consumption and environmental impact.