This Week
  • Pharos Systems International has grown to become a multinational enterprise.

  • The Market at I-Square is a milestone for the $18 million project in Irondequoit.

  • Leonard Brock grew up very poor and tries to help others in need.

  • For employees today, paid leave is one of the most important benefits.

  • New Simon School dean Andrew Ainslie has a plan to raise its national stature.

  • 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