An energy service company (ESCO) is one that offers comprehensive, customized energy saving solutions to its customers. An ESCO is engaged in developing, installing and financing comprehensive, performance-based projects aimed at energy efficiency or load reduction of facilities owned/operated by customers. Typical services provided by most ESCOs include:
Energy Audit and formulation of Detailed Project Report (DPR)
Implementation of EE projects (Includes undertaking implementation and project monitoring)
Procurement of equipments to be installed
Arranging Finance (equity and Debt) for the project in select cases
Equipment maintenance and operation
The ESCOs empanelled with BEE are eligible under PRGFEE. The update list of ESCOs is readily available on the website of BEE at https://beeindia.gov.in.
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