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DOE Better Buildings Initiative Creates Numerous Implementation Models

DOE’s initiative names Direct Energy Business among its financial allies.

Under a system it established to help public and private organizations find financing for energy efficiency and renewable projects, the U.S. Department of Energy's Better Business Initiative has selected Direct Energy Business as a financial ally.

Direct Energy Business is one of North America’s largest retail providers of electricity, natural gas, and home and business energy-related services, and is a subsidiary of UK-based Centrica.

Working in partnership with Centrica's Distributed Energy & Power business, Direct Energy Business offers businesses and other large energy users the latest distributed energy solutions, designed to help customers manage energy costs, boost site resilience and reduce carbon emissions.

"Our vision is to deliver comprehensive energy solutions that will help customers turn energy from a cost into a source of sustainable competitive advantage," said Todd Sandford, Centrica senior vice president of North America Distributed Energy. "We're proud to provide customers with end-to-end services — from insight to optimization and solutions — delivering the right energy solution, to the right place, in the right way, to power business advantage. These solutions can be delivered as part of a tailored finance package through the Better Buildings Initiative."

Direct Energy Business and ENER-G Rudox, a leading supplier of onsite power and energy solutions acquired by Centrica's Distributed Energy & Power business in 2016, will now be featured on the DOE Financial Navigator online search tool.

The DOE site launched in January this year to help businesses explore a wide array of financing choices and identify relevant financing options for their energy efficiency projects. Other notable financial allies include Bank of America, Citi, PACE financiers, Green Banks, innovative finance startups and think-tank coalitions. ♦


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