The Working Group would include relevant internal energy experts, elected members including two from the administrating and one from opposition, and representatives from ACC's legal and finance services.
ESCo will be an arms-length external organisation (ALEO) wholly owned by the Council to manage all energy related activity undertaken by ACC with the option to expand and develop energy related services over time.
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Aberdeen City Council Leader Councillor Jenny Laing said: "The Energy Services Company will give help ensure the council becomes a leader in the energy market, and will in turn help attract new expertise to the area.
"It will also help to tackle fuel poverty, while at the same time investing in local clean energy, boosting jobs and growth in the local economy."
The costs for the business plan are estimated to be in the region of £30,000-£45,000.
(CD/MH)
