RESCO

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A Renewable Energy Service Company (RESCO) is an ESCO Energy service company which provides energy to the consumers from renewable energy sources, usually solar photovoltaics, wind power or micro hydro.

Contents

RESCOs include investor owned, publicly owned, cooperatives, and community organisations.

Main characteristics

The main characteristics of a RESCO are:

The concept is much like that of a conventional electric utility in that the generation equipment is not owned by the user and the electricity that is generated is made available to the customer for a fee. The fee charged to the user includes any required capital replacement cost and all operating, maintenance and repair costs plus a profit for the operating organisation.

There are two significant differences between the conventional utility approach and that of the RESCO. For a RESCO:

RESCOs & rural electrification

RESCOs have been very successful in the expansion of rural electrification projects worldwide because:

As a result of all this, donors are prepared to contribute with funding to the RESCO concept because it makes their aid (1) effective, (2) sustainable and (3) accountable. [2]

RESCOs in the Pacific

Pacific Governments have provided rural electrification to remote locations by means of four main institutional set-ups, which are:

See also

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References

  1. "Archived copy" (PDF). Archived from the original (PDF) on 2007-11-10. Retrieved 2009-08-18.{{cite web}}: CS1 maint: archived copy as title (link)
  2. Akura, Terubentau & Torra Griso, Marc "Solar Home Systems Technical & Management Model in Kiribati". SOPAC Regional Energy Meeting, Tonga, 20 – 24 April 2009