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Edison International to Start Energy Consultancy

The New York Times logoROSEMEAD, Calif. — Betting that the future of the power industry lies in selling far more than just energy, Edison International, parent to one of the nation’s largest electric utilities, is starting a business to offer energy consulting and management services to commercial and industrial customers.

The business, Edison Energy, is to be announced on Tuesday and is aimed at helping large organizations like Fortune 500 companies take advantage of evolving technologies, markets and incentives in areas including energy efficiency, renewables and storage.

It isamong the first major forays of a utility into energy management services, and is one of the more ambitious examples of how power companies are adapting to customer interest in producing and controlling their own electricity and the growing competition from ventures offering them the ability to do it.

Read the full article at The New York Times

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