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Dive Brief: Energy service providers offering off-balance sheet efficiency products have seen rapid growth in the number of deals signed each year, panelists said Wednesday at the U.S. Department of Energy's Better Buildings summit. Financing companies associated with DOE's Better Buildings program have "collectively reported about a 2.5x increase in the amount of deals [done annually] since they joined the program," said Joe Indvik, head of clean energy finance and carbon solutions at RE Tech Advisors.  A 2017 market report by Navigant (now Guidehouse) estimated Energy Efficiency as a S...

To embed, copy and paste the code into your website or blog: Seattle City Light (City Light) has announced that it will significantly expand its “Energy Efficiency as a Service” (EEaS) pilot program in 2021. As we have described in more detail here and here, City Light’s program leverages the success of the Metered Energy Efficiency Transaction Structure (MEETS) modeled at Seattle’s Bullitt Center, widely recognized to be one of the world’s greenest buildings. The MEETS/EEaS financing model provides a new revenue stream for building owners by allowing them to capitalize on the ener...

Seattle Expands Energy Efficiency as a Service Program Thursday, December 17, 2020 Seattle City Light (City Light) has announced that it will significantly expand its “Energy Efficiency as a Service” (EEaS) pilot program in 2021. As we have described in more detail here and here, City Light’s program leverages the success of the Metered Energy Efficiency Transaction Structure (MEETS) modeled at Seattle’s Bullitt Center, widely recognized to be one of the world’s greenest buildings. The MEETS/EEaS financing model provides a new revenue stream for building owners...