This Week
  • Arts and cultural groups are using a range of strategies to draw younger people.

  • ConServe does collection work for government, education and business.

  • Prominent cancer surgeon to lead URMC's department of surgery.

  • Donald Mead draws on his experience in leading furniture maker Gunlocke Co.

  • Anne Gabel, 27, owns MJ Gabel Diamond and Jewelry Buyers.

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

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