PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Rising Energy Prices and Government Push for Efficiency Bolsters the U.S. Energy Services Industry - Frost & Sullivan (energy.frost.com) finds that the U.S. Energy Service Companies Market earned revenues of $2.1 billion in 2005 and estimates this to reach nearly $3 billion in 2012.
Rising Energy Prices and Government Push for Efficiency Bolsters the U.S. Energy Services Industry

 

NewswireToday - /newswire/ - Palo Alto, CA, United States, 2006/03/06 - Frost & Sullivan (energy.frost.com) finds that the U.S. Energy Service Companies Market earned revenues of $2.1 billion in 2005 and estimates this to reach nearly $3 billion in 2012..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The federal government has announced a re-compete on all its energy projects. This makes all qualifying Energy Service Companies (ESCOs) eligible for federal work and presents huge growth potential. Rising fuel prices are starting to hit customers’ pocket books and they are turning to ESCOs to manage their energy issues and cut costs. Also, as end-users have typically not budgeted for energy management, their infrastructures are beginning to age, become inefficient and expensive. ESCOs are being utilized to upgrade infrastructures, which improves efficiency and cuts costs.

Frost & Sullivan finds that the U.S. Energy Service Companies Market earned revenues of $2.1 billion in 2005 and estimates this to reach nearly $3 billion in 2012 due to a projected increase in government-issued energy mandates and a continuing need to upgrade end-users’ inefficient energy infrastructures.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the U.S. Energy Service Companies Market, then send an e-mail to Trisha Bradley, Corporate Communications at trisha.bradley[.]frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state, and country. The brochure will be e-mailed to you upon receipt of this information.

“The energy services industry is viable and growing. Rising fuel prices, government pushes on energy efficiency and advancements in technology are bringing the need for energy services to the fronts of end-users’ minds,” says Frost & Sullivan Consulting Analyst Devin Castleton.

Educating end-users about the benefits and necessity of energy management continues to be a challenge for much of the industry. A large number of potential end-users remain unaware of an ESCOs ability to help them become more energy efficient, meet government-regulated standards, and save money.

“ESCOs continue to struggle to penetrate certain market segments, namely the commercial and industrial market. This lack of education is resulting in ESCOs losing potential projects to no-decisions rather than to competitors simply because the customer isn’t fully aware of the benefits ESCOs can offer and the money they can save them,” notes Castleton.

ESCOs need to continue to deliver guaranteed performance. Generally ESCOs’ estimates of savings are reasonably accurate. As ESCOs have assumed project performance risk and met savings estimates, their ability to sell products and services and arrange financing for their end-users increases.

The U.S. Energy Service Companies Market is part of the Power Generation (9851) and Total Energy (9301) subscriptions. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews are available to the press.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Rising Energy Prices and Government Push for Efficiency Bolsters the U.S. Energy Services Industry

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Trisha Bradley 
trisha.bradley[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Energy Most Recent Related Newswires:

Forestalia Selects GE Renewable Energy to Provide 1,200 MW of Wind Power in the Largest European Auction to Date
Enel Launches E-Solutions - A New Global Business Line
Enel Buys A Stand-alone Battery Energy Storage Project in UK
GE Supports Power Grids of the Future with Europe’s First MVDC Link
ENGIE Launches Home Energy Business in the UK
Akenerji Selects GE’s Predix-based Operations Optimization Software to Improve Gas Thermal Plant Efficiencies and Performance
Enel Starts Construction of New 298 MW Wind Project in The United States
OPEC and Non-OPEC Nations Will Reduce Oil & Gas Production to Restore Supply-Demand Parity Finds Frost & Sullivan
ENGIE and AES Agree to Expand their LNG Marketing Partnership to Central America
GE to Supply Power Generation Technology for Ghana’s 400 MW Bridge Power Project
Enel Starts Operating New South African Wind Farm
GE Announces Order with AE Energia to Bring Fast, Digital Power to Angola
GE’s Energy Ecosystem Reveals Innovative Energy Solutions and Transformation Ideas to Help Meet Vietnam 2030 Power Targets
GE Launches OnBoard* - an Integrated Service Offering for Offshore Oil and Gas Water Treatment
Enel Begins Operations of New 150 MW Wind Farm in the United States

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit MagLar, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)