Metrus

Metrus contracts with a third party to install the equipment; in the BAE buildings, its partner has been Siemens AG, the German electrical services giant.

Buy Now, Pay Later Liam Pleven 2011

"It becomes very much like their utility bill," Bob Hinkle , Metrus's founder and chief executive, says of the impact on building owners.

Buy Now, Pay Later Liam Pleven 2011

Metrus pays particular attention to big-ticket items, such as boilers and furnaces.

Buy Now, Pay Later Liam Pleven 2011

But as the facilities become more energy-efficient and the bills shrink, BAE will pay Metrus an upwards-sliding fee slightly less than the energy savings.

Buy Now, Pay Later Liam Pleven 2011

Metrus, a San Francisco energy-efficiency company started in 2009, has struck two such deals in the past year with BAE Systems PLC, for facilities BAE owns in New Hampshire and New York.

Buy Now, Pay Later Liam Pleven 2011

For the life of the deal, Metrus owns the new energy-efficiency equipment, not the building owner.

Buy Now, Pay Later Liam Pleven 2011

Metrus Energy Inc. is road-testing a new vehicle, known as an efficiency-services agreement, that gets around that issue.

Buy Now, Pay Later Liam Pleven 2011

And Siemens promises to pay Metrus if the energy savings don't materialize as expected.

Buy Now, Pay Later Liam Pleven 2011

The only two not to receive cash from Metrus were Regional Councillor Brenda Hogg and

YORKREGION - Home 2010

Ward 6 Councillor Godwin Chan received $500, Ward 1 Councillor Greg Beros received $300, while the remaining council members each received the maximum donation of $750 from Metrus.

YORKREGION - Home 2010