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Berkeley finds ESCOs provide value for government.(energy services companies)(Brief Article)

Energy User News

| May 01, 2005 | COPYRIGHT 2005 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

BERKELEY, CA--In a new study, researchers at the Department of Energy's Lawrence Berkeley National Laboratory (Berkeley Lab) and Pacific Northwest National Laboratory conclude that over $15 billion invested in energy-efficiency projects installed by energy services companies (ESCOs) at U.S. public and institutional facilities since 1990 has provided significant value to these customers. The researchers analyzed the performance of about 1,000 public/ institutional projects representing about $2.5 billion in investment and estimated net economic benefits of over $1.7 billion in reduced energy and operational cost savings.

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