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How the ESCO Market for Efficiency Can Continue Expanding

Energy savings contracts could be worth $15 billion by the end of the decade. Performance-based contracts have been a boon to the energy efficiency industry. Since 1990, U.S. ESCOs have grown the market from less than $500 million to more than $5 billion in 2011. And according to a new analysis of the market from the Lawrence Berkeley National Laboratory, revenues will double or even triple from $6.4 billion in 2013 to between $13.3 billion and $15.3 billion by the end of the decade. The average market penetration for all sectors is only 25 percent, so there are plenty of shares to grab.

www.greentechmedia.com/How the ESCO Market for Efficiency Can Continue Expanding