Financial Services

Romeu Gaspar's picture
Performance contracts are popular among ESCOs (Energy Service Companies), but they should also be used in other areas
Romeu Gaspar
If you want to reduce energy costs but cannot afford the required equipment upgrades, you’ll likely find an ESCO (Energy Service Company) willing to install everything for free, in exchange for part of the future savings. But if your company is services based, most likely the bulk of the costs are in human resources and in the supply chain, not in energy. Applying the same ESCO model to these areas can thus make a lot of sense.
Exhibit 1 - Considered carbon and cost reduction initiatives
Exhibit 2 - Correlation between environmental and economical benefits, for an illustrative hospital
Exhibit 3 - Cost and carbon footprint breakdown