ESCO

Icopower ESCO is an independent Energy Saving Company in Kenya which develops, implements and arranges its own financing for projects designed to improve the energy efficiency for facilities over a 3-5 years time period. Icopower ESCO is the leading ESCO in East Africa and Indian Ocean, and it provides comprehensive energy efficiency solutions and services for on-grid corporate, institutional or private business owners. Icopower ESCO is affiliated with Icopower Italy, a company focused on developing and commercializing energy efficiency technologies, including voltage optimization.

Icopower ESCO’s remuneration is based on Energy Saving Performance Contracts whereby our payment is directly linked to the amount of energy saved by the project.We work with clients to reduce operating expenses, upgrade and maintain infrastructure, stabilize energy costs, improve infrastructure efficiency, increase energy reliability and conserve the environment by reducing the carbon footprint.Icopower ESCO comprises of professionals who are highly talented in the technical, financial and legal aspects of selling, structuring, financing and implementing energy savings projects. Icopower ESCO combines the professional expertise and knowledge of several entrepreneurs with a background in energy efficiency, electrical engineering and investment banking.


MISSION & VISION

Our mission is to analyze, design, and implement energy efficiency solutions that will create value for facility owners and operators across all sectors in East Africa and beyond.

Our vision is to utilize the power of energy efficiency to contribute to prosperity throughout the region; generating benefits for Economy, Environment, and Society according to the triple bottom line of sustainable development.


VALUE PROPOSITION

Strategic Approach: We provide holistic and sustainable energy saving solutions to minimize energy expenditure costs and maximize profit.

Turnkey Solutions: We offer complete solution packages, from analysis through implementation.

Guarantee of Savings: We guarantee a minimum level of energy savings and attractive payback periods for our solutions.

Industry Expertise: We have a highly qualified team of experts in the areas of power quality, voltage optimization, lighting, etc

Long-Term Collaboration: We demonstrate our commitment to clients’ goals through Energy Savings Performance Contracting (ESPCs) as well as measurement and verification (M&V) of savings.


ENERGY EFFICIENCY

Energy efficiency is the cornerstone of all sustainable energy strategies. Implementing a comprehensive energy efficiency projects that pays for itself through the energy savings can be a complex undertaking. There is an increasing global need to implement energy efficiency projects on a widespread basis to reduce:

  • fossil fuel consumption,
  • greenhouse gas emissions, 
  • the number of power plants being brought on line,
  • transmission and distribution line capacity constraints, 
  • the amount of electricity lost and wasted  along the power lines.

OUR ESCO MODEL

As an Energy Service Company (ESCO), we are experienced in offering effective delivery mechanism to provide the maximum amount of energy efficiency resources. We have extensive design and implementation experience in integrating multiple efficiency measures, mitigating technical and performance risks and generating energy savings for our clients at no capital investment to our clients.

In essence, we act as energy efficiency project developers as we integrate the project’s design, financing, installation and operational elements. Our remuneration is based on Energy Saving Performance Contracts whereby our payment is on a shared savings basis.