Energy Efficiency Retrofit Market worth USD 5 Billion for ESCOs
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According to Lux Research, the market for deep retrofits in the US is worth about USD5 billion with the potential to unlock nearly USD1 trillion in energy savings. These retrofits can have short compelling payback periods for building owners. Service providers at the forefront of retrofits will be established Energy Service Companies (ESCOs) working alongside equipment companies. Innovative materials companies will need to tap into this network to increase their participation in the retrofit market.
Link: http://www.energymanagertoday.com/escos-drive-5b-opportunity-in-energy-efficiency-retrofits-says-lux-096532/
Date and Source: October 30, 2013; Energy Manager Today
