25 Sep '13, 6pm

@BerkeleyLab report finds U.S. #energy service companies experienced steady growth despite #recession

About 45 companies operating in the U.S. met our strict definition of an ESCO. Performance-based contracts made up about 70 percent of ESCOs' business in 2011, while 15 percent of revenue came from non-performance-based projects, 7 percent from administering energy efficiency programs for utilities, and just under four percent each for consulting and renewable power purchase agreements. Public and institutional markets (federal, state and local governments, K-12 schools, healthcare/hospital facilities, and colleges and universities), continue to be ESCOs' primary customers, accounting for about 84 percent of 2011 industry revenue. About 8 percent of 2011 revenues came from private commercial customers. ESCOs reported a significant decline in revenue from renewable generation projects since 2008, both in terms of percent of total revenues (from about 15 percent in 2008 to 6...

Full article: http://eetd.lbl.gov/news/article/56978/berkeley-lab-repor...

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