Report Forecasts ESCO Business Will Achieve Double-Digit CAGRs

The current commercial building stock of more than 70 billion sq ft provides a fertile market opportunity for U.S. Energy Services Companies (ESCOs), and a recent report from Boulder, Colo.-based Pike Research, "The U.S. Energy Service Company Market," forecasts that the ESCO business will achieve double-digit compound annual growth rates (CAGRs) over the next several years. The American Recovery and Reinvestment Act of 2009 (ARRA) is stimulating the ESCO business by injecting approximately $11 billion into the industry through incentives, grants, and lending opportunities. Although the federal building sector remains strong, new financing mechanisms are also being introduced to the private sector, which, under certain circumstances, could trigger significant new growth in the ESCO market.

The Pike Research report examines the commercial buildings market by end-use, identifying the solution opportunities for ESCOs and highlighting key industry drivers. The report analyzes the frame work for rapid growth in this market, reviewing federal programs, laws, regulations, and pending legislation, while also revealing key barriers for the privately owned commercial building market. Market forecasts include base case and aggressive growth scenarios through 2020.

Key questions addressed in the report include:
  • What is an ESCO, and how is it defined?
  • What are the addressable markets for an ESCO?
  • What past, current, and future policies are drivers/barriers to the ESCO market?
  • How and when will the private commercial building sector see market penetration?
  • What ESCOs have a strong play in the near-term future?

Source: Pike Research


Want to use this article? Click here for options!





Acceptable Use Policy
blog comments powered by Disqus

what's wrong here?

What's Wrong Here?

May 10, 2012 12:44 PM

What's Wrong Here?

Apr 19, 2012 10:09 AM

What's Wrong Here?

Apr 5, 2012 2:27 PM

View all What's Wrong Here?

product spotlight

EV charger tester

May 25, 2012 8:26 AM

EV charger tester

The Electrician is portable tester that verifies critical power and safety requirements of electric vehicle (EV) chargers...

View all 2012 Product Spotlights

Free Product Info

Our Product Information site is the ultimate online resource for products and services offered by Advertisers featured in our Magazine. This service is provided as a quick and easy way to request Product Information online. Get FREE product information now.

Recent Comments

More...


Social Media

More ways to stay informed...

follow us on twitter

Find us on Facebook

EC&M Whitepaper

Arc Mitigation –A Three-Step Approach

Did you know that an arc-flash incident hospitalizes 5-7 workers per day in North America, severely impacting processes and profitability with lost production? Download This Sponsored Whitepaper Today!

What's New in Residential Cabling?
Date: Wednesday, May 30, 2012
Time: 2:00pm ET


In this The Home Depot sponsored Low Voltage Webinar, Ron Kipper RCDD / NTS will discuss the need for compression style coaxial connectors and the migration of the entire CATV, Satellite and Audio / Video industry to them. Register Today!

Grounding Versus Bonding
Now Available On-Demand


In this 60-minute FREE webinar, Mike Holt of Mike Holt Enterprises, Inc. will explain the purpose of grounding and bonding as related to the most current requirements set forth in the 2011 NEC. Register to View On-Demand!

resources

product info icon

product info

tradeshow icon

tradeshow

research icon

research

industry links

industry links

rss icon

rss

Browse Back Issues

Browse Back Issues