Metrus's Energy Efficiency As A Service Benefits BAE Systems

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Executive Summary

In October 2010 and June 2011, Siemens Building Technologies completed the construction of $1 million and $2.2 million energy efficiency projects in Merrimack, New Hampshire, and Greenlawn, New York, for BAE Systems, the global aerospace and defence contractor. Metrus Energy provided 100% of the initial capital for the project, while BAE Systems pays Metrus Energy an energy efficiency service charge for the savings delivered, under Metrus Energy’s Energy Services Agreement. This type of financing solution helps firms to overcome the barrier of raising capital upfront for their energy efficiency programmes. Verdantix analysis finds that this model of financing reduces the risk attached to investing in corporate energy efficiency programmes, facilitates the implementation of a multi-site energy efficiency strategy and is attractive to energy services companies and external financing institutions.

TABLE OF CONTENTS

METRUS’S ENERGY EFFICIENCY AS A SERVICE BENEFITS BAE SYSTEMS
Energy Efficiency As A Service Model Overcomes Financing Challenge

COMPANIES MENTIONED

Ameresco, BAE Systems, Bank of America, Deutsche Bank, HSBC, Johnson Controls, Metrus Energy, Schneider Electric, Siemens Building Technologies, US Coast Guard, Wells Fargo