14 Jan

Energy Efficiency and The “As A Service” Economy

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Great article by Angela Ferrante. We are pleased to see others engaging in reframing the benefits of energy efficiency. Metrus has been successfully selling efficiency as a service to large commercial and industrial customers through its Energy Services Agreement (ESA). Metrus recently closed a $4 million+ deal with a new Fortune 500 customer who understood that efficiency as a service enabled them to implement a large efficiency project without having to pay any of the upfront project costs (Metrus is paid through a project’s realized energy savings). Packaging efficiency as a service must include not only equipment, maintenance, repair, and service but financing as well. Efficiency as a service might be the best business deal out there for the building owners: replace critical equipment, upgrade your facilities, improve air quality, working environment and operational reliability and pay for the project through realized savings.  Read more…