About Us
ESCO
Icopower is an independent Energy Service Company (ESCO) which develops, implements and arranges its own financing for projects designed to improve the energy efficiency of 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’s business 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, stabilise 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. |
VALUE PROPOSITION
MISSION & VISIONOur 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. |
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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 -
Longterm 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:
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OUR ESCO MODEL
As an Energy Service Company (ESCO), 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 because 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. |