Founded in 1983, the National Association of Energy Service Companies (NAESCO) is the preeminent national trade organization of the Energy Service Company (ESCO) industry and the providers that are part of the vertical delivery chain. Our member companies include business units of major industrial corporations, utility affiliates, independent national firms as well as regional specialty companies and together they cumulatively deliver about $7 billion of privately-financed energy efficiency investments annually to customers across the country. Projects are primarily delivered through Energy Savings Performance Contracts (ESPC), the type of public-private partnerships with the longest track record in the US. ESPC projects re-purpose the money currently spent by public and private sector customers on wasted energy and the maintenance of obsolete equipment into a payment stream that finances badly needed capital improvements without the need for a direct allocation of new capital or new taxes. ESPC projects enjoy strong bi-partisan support, because they use private investment to deliver public benefits. During the past twenty years, projects developed and delivered through NAESCO member companies nationally have produced: • $50 billion in projects paid from savings • $55 billion in savings – guaranteed and verified • 400,000 person-years of direct employment • $35 billion of infrastructure improvements in public facilities • 450 million tons of CO2 savings at no additional cost