Metrus Energy unlocks the energy savings found within your campus environment and uses those savings to fund your wish list of equipment upgrades. It’s a turnkey solution with zero upfront cost.
Main benefits:
Metrus funds 100% of the project cost.
You get new, upgraded equipment for $0 upfront — an off-balance-sheet solution that preserves your CapEx budget for other needs.
We manage the retrofit from beginning to end.
You accelerate your progress toward net zero without worrying about project implementation.
We own and maintain the equipment.
You pay only for realized energy savings and reap the benefits of improved operational reliability, lowered energy use, and reduced GHG emissions.
Improve sustainability and your campus facilities without impacting your CapEx budget.
Sustainability
By removing the cost and complexities of an efficiency retrofit, Metrus fast-tracks your decarbonization efforts. Bundling different types of improvements into one project allows you to scale and accelerate your sustainability goals by offsetting the payback period of big-ticket items like boilers with faster-payback equipment like LED lighting.
Operations and facilities
We install state-of-the-art equipment and technologies to make your campus more resilient, efficient, and comfortable. And because we provide maintenance and monitor performance over the life of the partnership, you’re assured of maximum savings and operational reliability.
Financial
Our Energy as a Service model preserves your debt capacity and CapEx budget for other priorities. The improvements we install generate budgetary savings from day one.
We’re at the head of the class.
Since we pioneered the Energy as a Service model 14 years ago, our projects have saved customers 2.1 billion kWh of electricity and 796,145 metric tons of CO2 across 36 million square feet of properties in 32 states. Our depth of experience ensures that your project will meet or exceed expectations, from implementation to performance.
The top three questions colleges ask us about the Metrus SESA
Our proprietary Sustainable Energy Services Agreement (SESA) bundles all the equipment, technologies, maintenance and monitoring that a customer needs into one flexible contract, to achieve portfolio-wide results with no upfront cost. Below are the questions we hear most often regarding the SESA.
We have a lot of projects on campus competing for capital. How might an SESA help?
A Metrus SESA enables colleges to complete larger, more impactful efficiency and renewable energy projects (with longer paybacks) that might not otherwise receive funding. The SESA frees up capital for other pressing projects on campus. And the SESA does not adversely impact a college’s future borrowing capacity or interfere with its existing bonds or loan agreements. It allows colleges to accelerate their sustainability achievements without impacting core operations.
Is an SESA off balance sheet?
The SESA delivers sustainable energy as a service, which is fundamentally different than an on-balance sheet loan or a lease. Key factors in the accounting review of SESAs include: (1) Metrus invests its own capital into each project and is the long-term owner of the energy and water efficiency assets, (2) SESA payments fluctuate based on realized savings (just like your campus utility bill which goes up/down based on your energy use), and (3) Metrus controls and directs how the efficiency measures are designed, implemented and operated, and is paid for the economic benefits (e.g., energy savings) generated by the project.
How are savings measured at a time when energy use may not be at normal levels?
Savings calculations are based on three key factors: (1) pre-project measurements of the efficiency of existing equipment; (2) post-project measurements of the efficiency of newly installed equipment; and, (3) fixed baseline parameters such as facility operating hours and degree days. Savings measurements occur throughout the SESA term to calculate the units of avoided energy (“negawatts”) and water use resulting from the project. Measurements are isolated to the equipment financed under a SESA so as not to overlap with other ongoing on-campus sustainability initiatives.
