Apr 19, 2012

”SeriousCapital” Launches Building Energy Retrofits with No Up-front Costs. @getserious

SeriousCapital is a new service that cuts energy and maintenance costs and creates more comfortable and efficient properties for building owners and tenants – at zero upfront cost. “Just give us your utility bill. We will do the rest,” said Kevin Surace, CEO of Serious Energy. “We’re changing the way people think about upgrading buildings. Now, with no out-of-pocket costs, building owners, cities, states, and schools can upgrade the efficiency and comfort of their buildings immediately.” The building owner receives immediate and continuing reductions in energy costs, backed by 3rd party insurers to guarantee that savings now and into the future. Serious Energy identifies, installs, and pays for efficiency upgrades. It all happens off-balance sheet. No lien loans, no tax implications. The financial concepts behind SeriousCapital - building upgrades at no upfront cost - were in part adopted from the successful solar power purchase agreements which have proliferated in the past few years.
Serious Energy www.seriousenergy.com

Source David Schaller of Sustainable Practices 2012