Regl. 8682, art. 2.02

ENERGY SERVICE COMPANIES (ESCOs)

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Cite as Reglamento Núm. 8682, Art. 2.02

An ESCO will develop and install energy and water-saving projects to improve energy and water efficiency and help reduce costs. An ESCO functions as a project developer for a wide range of tasks. ESCOs differ from other firms that offer energy efficiency improvements by taking on the savings performance risk through performance-based contracting and facilitating borrowing to pay for the project.
Regl. 8682, art. 2.02: ENERGY SERVICE COMPANIES (ESCOs) | Justis AI