In a Facility Executive article, Navigant Research explains how emerging energy services can benefit commercial and industrial customers
Corporate commercial and industrial (C&I) energy managers are looking for energy solutions to meet their operational, sustainability, and financial needs. As a result, energy suppliers and vendors are creating more options in line with these needs, transcending the historical single-site, fee-for-service energy efficiency project approach.
In a Facility Executive article, Navigant Research’s Brett Feldman, research director, explained how energy as a service (EaaS) can benefit commercial and industrial customer needs.
“The C&I EaaS market is evolving as a flexible, connected solution offering where dedicated EaaS vendors with financing options compete directly with a separate ecosystem of fee-for-service energy management vendors,” Feldman said.
However, according to the article, there are still challenges to adoption. One challenge is customer resistance to change. Feldman believes that educating customers about new EaaS financing options is key to removing this barrier.