Edison International Launches Its Energy-as-a-Service Business
Built on $100 million in startup acquisitions, a big utility company goes deep into efficiency, energy procurement and renewable integration.
Edison International has become the latest utility moving beyond selling electricity to customers, and getting into helping those customers manage that energy use.
On Tuesday, the parent company of regulated utility Southern California Edison unveiled its new energy consulting and project development arm, Edison Energy. The new company will work nationwide to “identify and execute opportunities to help them lower costs in managing their entire energy portfolio, reduce complexity, and deliver on increasingly important sustainability objectives,” according to Tuesday’s announcement.
Allan Schurr, the company’s president, described Edison Energy as “a consultancy and systems integration company that’s unbiased in relation to particular technology solutions. We’re trying to find what the largest energy users need, and identify the gaps in their strategy.”
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