This Week
  • Research and development efforts in construction come from collaboration.

  • The first apartments will be ready next spring at Southpoint Cove in Penfield.

  • CEO Dawn Smith worked her way up through the ranks at Pace Electronics of Sodus.

  • Aloi Solutions LLC is focusing on automation and integration to grow.

  • The RBJ 75 supplement presents a list of the 75 largest private-sector employers.

  • The new edition of Explore Greater Rochester is here.

EnergyWise Partners gets state funding

Rochester Business Journal
June 18, 2012

EnergyWise Partners LLC was awarded $95,000 in state funding for its financing model for renewable energy, company officials said Monday.

The funding was awarded June 4 by the New York State Energy Research and Development Authority, the company said.
 
The existing cost recovery model requires a significant initial investment from customers, with smaller monthly payments, officials said. The Rochester company is changing the model to one with a smaller initial investment, with customers purchasing only the energy they use.

Customers will not pay for the technology providing the energy, thereby eliminating concerns about advances in technology and the need to upgrade their equipment, officials said.

“We believe everyone should have access to a clean, renewable alternative to fossil fuels without digging deeply into their pockets,” EnergyWise business manager David Neale said in a statement. “Our business model explores a new utility style approach to residential financing.”

(c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google