Portfolio Managers

Business Energy Pro relies on third-party service providers, referred to as Portfolio Managers, to deliver energy savings from a portfolio of eligible utility customers that have implemented efficiency projects. The pilot program will use utility meter data and the CalTRACK methodology to calculate energy savings via an Advanced Measurement and Verification platform.

A team with the knowledge and skills to perform energy efficiency installations and interventions, as well as the marketing, sales, and support expertise to effectively develop and implement a portfolio of projects is required. A Portfolio Manager can perform all necessary functions, or they can form partnerships, sub-contracts, or other business arrangements.

Why should you participate?

  • Increased incentive for high performers
  • Flexibility and incentive to design services around what customers want
  • Minimized transaction costs and administrative burden
  • Multi-year cash flows that can support finance solutions and add-on services
  • Portfolio-level performance to manage risk and achieve scale
  • The opportunity to take part in a cutting-edge pilot

Who should apply?

Service providers with:

  • Prior experience implementing small commercial efficiency projects/programs
  • Proven track record of strong sales pipeline and financing capacity
  • Understanding of customers’ needs and the market landscape in Con Edison’s territory
  • The ability to implement multi-measure projects that yield steady deep savings over time

Do you have an interest in partnering on a Pay for Performance Pilot or learning more? Please contact bepconed@nyserda.ny.gov

NYSERDA and Con Edison are soliciting feedback on the draft pilot solicitation from interested service providers and other stakeholders.

Read the Draft RFP

Send feedback and comments to: bepconed@nyserda.ny.gov