31 Oct '11, 3pm

The Multibillion-Dollar Value of Energy Service Companies: Nothing could be better for greentech than spending...

The Multibillion-Dollar Value of Energy Service Companies: Nothing could be better for greentech than spending...

Nothing could be better for greentech than spending on energy efficiency. The stated mission of the National Association of Energy Service Companies (NAESCO) is "to promote efficiency as the first priority in a portfolio of economic and environmentally sustainable energy resources and to encourage customers and public officials to think energy efficiency first.” It is estimated that every dollar spent on efficiency improvements saves two to four dollars in energy expenditures. “Since 1990,” according to James Dixon, a Con Edison Energy vice president and the current chair of NAESCO, “ the energy service industry has provided $50 billion in energy savings.” That’s a lot of money freed up to invest in renewables and other infrastructure. The industry has, over the last two decades, generated $25 billion in public infrastructure improvements and created roughly 330,000 jobs, ...

Full article: http://www.greentechmedia.com/articles/read/The-Multi-Bil...

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It Doesn’t Get Any Better Value Than This

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