The federal market for ESCO services: How does it measure up?
Conference
·
OSTI ID:828769
- LBNL Library
The federal market has been a source of strong energy service company (ESCO) industry growth over the last decade as traditional MUSH markets municipal/state governments, universities, schools and hospitals have matured. Federal alternative financing programs Utility Energy Services Contracts (UESC) and Department of Energy (DOE) Super, Army and Air Force Energy Savings Performance Contracts (ESPC) have enabled this growth, but recent events threaten the ESPC programs. We compare the federal and MUSH markets by analyzing {approx} ;1550 completed projects and interviewing ESCO representatives. Federal ESPC market activity is estimated at {approx} ;$$1.6 billion (B) over 10-15 years; activity in 2002 was {approx} ;$$230 million (M). MUSH markets have produced {approx} ; $$12-16B in projects over 20 years, and {approx} ;$$0.8-1.0B in 2002. Federal sector projects have longer average contract terms than MUSH (14 vs. 9.5 years respectively). Federal projects are larger (median costs are $1.85M vs. $0.98M for MUSH), but costs per square foot are lower (median costs are $2.08/ft2 vs. $$2.93/ft2 for MUSH), and annual energy savings are higher (18 vs. 14 kBtu/ft2). Non-energy savings are more often counted in federal projects (58 percent vs. 35 percent of MUSH projects) but when counted represent a higher proportion of savings in MUSH projects. Median payback times in the federal market are shorter than MUSH (7.7 vs. 8.8 years) and calculated net economic benefits of 214 federal projects amount to {approx} ;$$550M, compared to {approx} ;$1.2B for 965 MUSH projects.
- Research Organization:
- Ernest Orlando Lawrence Berkeley National Laboratory, Berkeley, CA (US)
- Sponsoring Organization:
- USDOE. Assistant Secretary for Energy Efficiency and Renewable Energy. Weatherization and Intergovernmental Program, Federal Energy Management Program. Rebuild America, Office of Electricity Transmission and Distribution (US)
- DOE Contract Number:
- AC03-76SF00098
- OSTI ID:
- 828769
- Report Number(s):
- LBNL--54952
- Country of Publication:
- United States
- Language:
- English
Similar Records
Public and Institutional Markets for ESCO Services: ComparingPrograms, Practices and Prformance
Estimating customer electricity savings from projects installed by the U.S. ESCO industry
Performance Contracting and Energy Efficiency in the State Government Market
Technical Report
·
Mon Feb 28 23:00:00 EST 2005
·
OSTI ID:860462
Estimating customer electricity savings from projects installed by the U.S. ESCO industry
Technical Report
·
Mon Nov 24 23:00:00 EST 2014
·
OSTI ID:1166985
Performance Contracting and Energy Efficiency in the State Government Market
Technical Report
·
Thu Nov 13 23:00:00 EST 2008
·
OSTI ID:942148