Schneider Electric Retains #1 Position in 2023 Guidehouse Insights ESCO Leaderboard

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Oct 25, 2023, 06:00 ET

DALLAS, Oct. 25, 2023 /PRNewswire/ -- Schneider Electric, the global leader in energy management and sustainability, today announced that it has retained the top spot in the 2023 Guidehouse Insights Energy Service Company (ESCO) Leaderboard. Guidehouse Insights is a global market intelligence firm that uses proprietary methodology to provide an objective assessment of the ESCO market. This marks the third consecutive Leaderboard in which Guidehouse Insights has ranked Schneider Electric as the #1 ESCO, demonstrating its industry-leading commitment to innovation and client satisfaction.

The Guidehouse Insights Leaderboard Grid

"Schneider Electric's consistent leadership in the ESCO category reflects our commitment to not just meet, but exceed our clients' expectations," said James Potach, Senior Vice President, Sustainability Business at Schneider Electric. "Our focus on innovative funding and infrastructure solutions are designed to lay the foundation for sustainable communities, making a positive impact for citizens and businesses."

Schneider Electric emerged as the frontrunner in this year's report due to its client-centric approach to tackling climate change, which has led it to complete over 1,000 energy savings performance contracts (ESPCs). These ESPCs offer public entities a holistic solution that achieves sustainability and cost-cutting goals while avoiding prohibitive upfront investments. Schneider Electric has delivered nearly $4 billion in solutions, including:

Sierra Vista, AZ – City leaders had an ambitious plan to become the premier sports tourism destination in the Southwest. Working with Schneider Electric, they were able to modernize community facilities to benefit residents and visitors alike, while also increasing environmental leadership. This sustainable infrastructure project is expected to yield over $138 million in positive economic impact over the next 25 years.
Gulf Shores City Schools, AL – The school district had their sights set on becoming the most innovative, state-of-the-art district in the region. Schneider Electric delivered a comprehensive infrastructure project focused on sustainability, resilience and student engagement. As a result of this work, the district was named a 2023 Green Ribbon School by the U.S. Department of Education.
Modesto City Schools, CA – With a focus on improving sustainability, equity, and student health, Schneider Electric helped this historically disadvantaged school district overhaul their infrastructure. Project highlights include leading the EV transition with the single largest order of Blue Bird EV buses in the nation.

The 2023 Guidehouse Insights ESCO Leaderboard assesses the strategy and execution of 11 leading players in the energy services space. The Leaderboard report also highlights the continued growth of the energy services market over the past five years, which is evolving in response to global demand for clean and sustainable energy solutions. The industry landscape has been reshaped by heightened environmental awareness and increasing demand for public sector entities and businesses to curtail carbon emissions. Funding made available through the Inflation Reduction Act and other federal legislation is also expected to spur increased investment.

As the ESCO market continually evolves, Schneider Electric's consistent leadership reflects its ability to adapt and diversify. According to the report, "Schneider Electric's first-place position in this Guidehouse Insights Leaderboard is because of its comprehensive vision that addresses long-term climate change and energy crises—centered on a commitment to combat environmental challenges through sustainable solutions. It demonstrates this by its emphasis on energy resilience, with projects designed for optimal performance and their ability to withstand unforeseen emergencies. Schneider Electric is aiming to make energy management more resilient by promoting electrification and integrating emergency response planning."

For more information about Schneider Electric's ranking or to read the complete 2023 ESCO Leaderboard report, access the press release here. To learn more about Schneider Electric's energy services work in the public sector, visit perspectives.se.com/performance-contracting.

About Schneider Electric

Schneider's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

About Guidehouse Insights

Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today's rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team's research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.

SOURCE Schneider Electric