VEIC reduces the economic and environmental costs of energy use. It has been in operation since 1986, and has influenced the nation’s energy efficiency activity. It was the first organization to administer a statewide energy efficiency utility, Efficiency Vermont (2000). In 2011, VEIC started similar entities in both the District of Columbia Sustainable Energy Utility and Efficiency Smart in Ohio. VEIC does business in 70% of the United States and has a staff of more than 300 professionals in energy engineering, low-income energy advocacy, transportation efficiency, renewable energy, policy, marketing, advanced technical analysis, and the full complement of services supporting this expertise.
VEIC and the PPESCO idea
The PPESCO concept grew from a need VEIC has seen in the rural, suburban, and urban environments in which it operates: Many public-purpose buildings are just too small to be profitable for large-scale energy services, and yet they are too large or complex for utility efficiency programs that have limited funds.
The PPESCO idea, as described on this site, is the mission-focused variation of an enduring idea that the value of saved energy can finance the cost of energy improvements.
The PPESCO brings this proven and powerful concept to buildings' in markets that have been chronically underserved.
Leadership in the industry
VEIC has provided energy services to public buildings since its inception. Starting early with municipal buildings and multifamily affordable housing, VEIC has now applied a creative approach, PPESCO, to whole-building energy improvements in underserved markets of buildings we all use. PPESCO fills an important gap in energy service delivery while also improving occupants’ lives through lower energy costs and better building durability.
This website opens up that approach to interested energy entrepreneurs, to owners of public-purpose buildings, and to investors, so that the PPESCO idea can grow.
VEIC’s leadership in creating and advancing energy improvements through policy and implementation has led a generation of entrepreneurs, utility programs, and regulators to accept energy efficiency as an energy resource—that is, as a method for making energy available for use. The least expensive form of energy is energy that is not used; this is the thinking behind energy efficiency. VEIC has also applied this thinking to its portfolio of work in transportation efficiency and biomass energy.