What are ESCOs
Energy service companies (ESCOs) are companies with expertise in energy issues with appropriate know-how and experience. Their role is based on securing a specific amount of energy savings and their fee is linked to the success rate of guaranteed energy savings.
Greek Institutional Framework
Law 3855/2010 “Measures for the improvement of energy efficiency during the final crisis, energy services and other provisions” established the basic policies, regulations and measures for the development of the energy services market in Greece and laid the foundations for the significant development of Energy Service Companies.
The goal of the ESCO MODEL is energy upgrade and equipment renovation through
technical actions,
with THIRD PARTY FINANCING
but
No Loan
No Leasing
Off Balance
and with Guaranteed savings
Our services include:
These services are included in the cost of the project and are paid through the achieved energy savings.
Energy saving is Institutional obligation
According to Law 4342/2015, large companies are required to carry out energy audits covering at least 90% of total energy consumption
The investment in energy saving is self-financed.
Energy efficiency is strategic option for:
The goal of the ESCO MODEL is energy upgrade and equipment renovation through
technical actions,
with THIRD PARTY FINANCING
but
No Loan
No Leasing
Off Balance
and with Guaranteed savings
Our services include:
These services are included in the cost of the project and are paid through the achieved energy savings.
Energy saving is Institutional obligation
According to Law 4342/2015, large companies are required to carry out energy audits covering at least 90% of total energy consumption
The investment in energy saving is self-financed.
Energy efficiency is strategic option for: