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In The Energy Sector, Industry Titans And Startups Don’t Have To Be Competitors

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Energy efficiency as a service, or EEaaS, is a system that’s disrupting the American energy efficiency industry, a sector that not only employs 2.4 million people, but has also been one of the hardest hit by the pandemic.

While the lack of upfront capital is always a positive for customer organizations, it’s even more important right now when governments, agencies, and many private businesses are cash-strapped due to the pandemic.

Johnson Controls invested in Carbon Lighthouse, a San Francisco-based startup in 2018, where Carbon Lighthouse announced its $27 million strategic growth round. By doing so, Johnson was able to scale its system and move closer to their ambitious goal of eliminating 20 percent of global carbon emissions from non-residential buildings. back in 2018 to help improve customer sustainability. , a global Energy Management and Conservation Services Company headquartered in Tampa, Florida.

What’s particularly interesting about this is that the NCOPA model is a prepaid savings model, and as such, it could become an important resource for cash-strapped agencies.

 

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