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Energy Service Company: ESCO
ESCO or Energy Service Company is the company under supervision of the Institute of Industrial Energy, the Federation of Thai Industries, providing our clients the solutions for achieving energy cost reductions. An ESCO can handle projects, mobilize financial resources, offer turn-key services and assume performance risks.
Energy Performance Contract: EPC
EPC or Energy Performance Contracting is an agreement between the client and the provider of an energy efficiency improvement measure (ESCO), verified and monitored during the entire term of the contract. EPC is the contractual model that governs the relationship between the ESCO and the client.
CoP (Code of Practice) is a certificate certified the operation standard of the ESCO that it’s operating in good quality, projects are implemented in accordance with the standard framework, with continuous self-examination and development, which can build confidence for clients in using ESCO services.