An Energy Services Company

So what exactly is an energy service company (ESCO)? It is a business that offers a variety of energy-related services to help customers save energy and reduce costs:

Project development: ESCOs design, build, and arrange financing for projects that improve energy efficiency and reduce costs.
Performance-based contracting: ESCOs are compensated based on the actual energy cost savings achieved by their projects.
Energy audits: ESCOs perform energy audits to identify areas where energy can be saved.
Engineering: ESCOs provide engineering and project design services.
Equipment procurement and installation: ESCOs procure and install equipment to improve energy efficiency.
Monitoring: ESCOs monitor and verify energy savings over the life of the contract.
Reporting: ESCOs prepare reports for customers detailing energy savings and reconciliation plans.

ESCOs differ from other energy companies because they offer a comprehensive range of services, rather than just providing energy to customers. As an ESCOs APS plays an important role in helping businesses and organizations reduce their environmental impact and transition them to a more sustainable energy future.

Energy-efficiency retrofits and renewable energy technologies inherent in energy savings performance contract (ESPC) projects typically require a large initial capital investment and may have a relatively long payback period. Debt payments are tied to the energy cost savings guaranteed for the project, so the agency pays for the capital improvements of the ESPC project with the money saved by the project (i.e., the difference between pre-installation and post-installation energy use and other related costs).

At Alternative Power Systems we focus primarily in the food sector but have done other projects outside if the food industry. Our patented technology allows us to deliver savings to the client from electric, water and gas utilities. The model is simple we pay for the installation and the client pays us back through a percentage of the utility savings our technology achieves for them.

Want to learn more? Let us provide you with a free energy assessment to see how much we can save your business. Contact us now for more information.