ENERGY SERVICES SECTOR TO REBOUND, DOUBLE

The U.S. Energy Service Company Market; Energy Performance Contracting and Energy Efficiency Retrofits for the MUSH, Federal, Commercial & Industrial, and Public Housing Sectors

Q3 2013 (Navigant Research)

“The U.S. energy service company (ESCO) market has been championed over the last 30 years as a breakthrough in energy efficiency financing. ESCOs use a range of energy efficiency financing instruments, such as energy performance contracting (EPC), to help customers finance energy efficiency upgrades through the future energy savings that energy efficiency can generate…In recent years, the U.S. ESCO market has gone through a difficult period…Various ESCOs have reported declines in revenue in 2012 and 2013…Growing demand for renewable energy systems and distributed energy infrastructure is leading many ESCOs to develop and acquire new capabilities. Navigant Research forecasts that the U.S. ESCO market will grow from $4.9 billion in 2013 to$8.3 billion by 2020…” click here for more

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