New Business Model Cuts Up-Front Costs to Spur Energy...
Rated • 3 reviews • business, energy efficiency, environment, financing • solveclimate.com
Technological developments often are seen as the surest way to reduce societyâ€s dependence on fossil fuels, but one young startup hopes to spur change with an innovative business model. If successful, Metrus Energy's model could usher in a wave of investment in energy efficiency projects. The idea is to enter into long-term contracts with commercial, industrial, and institutional facilities in which Metrus pays the upfront costs of installing energy efficiency measures, such as high-efficiency lighting or building energy management systems, and then shares the resulting savings from lower energy bills.

