In a November 2016 article published in Smart Energy Decisions, Metrus explains that treating and selling efficiency-as-a-service would fuel the expansion of the much analyzed but as yet unrealized $100 billion market, much like selling “solar power not panels” drove the solar market. Further, energy efficiency is a critical component of near-term sustainability targets. Therefore, financing solutions that “trade kilowatts for negawatts” will enable the energy efficiency market to capitalize on the same forces that opened to solar PV market. The article also stresses that valuing efficiency means increasingly developing projects for the built environment that include not only energy savings, but also water efficiency improvements, operational savings and renewable energy generation. Read the complete article.
Archive for 2016
Metrus is generating $6.7 million in savings for the BAE Systems multi-site program. This flagship program is a shining example of how scalable and achievable deep energy savings across a portfolio of projects can be with an ESA financing structure. A new $1.2 million project has recently been added into this program as BAE continues to systematically develop a more energy efficient business. With each new project, energy and water efficiency measures are reviewed to ensure that as much energy, environmental and operational savings are incorporated as possible. Learn more.
RILA’s Retail Energy Management Program has highlighted Metrus Energy’s Efficiency Service Agreement (ESA) as a key option for retailers to utilize for energy retrofits. ESAs limit risks while providing an avenue for short-term energy and cost savings. Check out the ESA section in the financial guide here.
The importance of having a project structure that can add new efficiency measures was highlighted with the Fortune 500 Project this year. New EE upgrades were added that boosted savings by 10%. Furthermore, these upgrades were identified and incorporated during construction, increasing customer savings. To learn more, please click here.
The $5.8 million Kuakini hospital project in Hawaii is in Year 2 of operations. This project continues to deliver significant energy, environmental and operational savings which are above and beyond expectation. As a result of the project upgrades, the hospital is seeing close to a 25% reduction in its total utility bill and the hospital upgrades have created a more comfortable environment for Kuakini’s patients. Metrus continues to work with Kuakini and Energy Industries to uncover new energy efficiency measures that may emerge over time and be incorporated into this project. Learn more.
The Year One results are in for the $3.3 million Fortune 50 Project and it is generating excess energy and operational savings. Approximately $100,000 of LED lighting has been added to the original ESA, which has helped the project reach its internal GHG goals. To learn more about this project, please click here.