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Edison International launches consultancy for ‘energy as a service’

Utility Dive logoDive Brief:
  • The parent company of Southern California Edison has launched a new business venture aimed at providing “energy as a service” to the largest consumers of power – many of whom do not accurately understand how much they spend, the company said in a statement.
  • Edison International yesterday launched Irvine, Calif.-based Edison Energy to “focus on meeting the energy needs of the largest users of energy nationwide.”
  • The new consultancy will target clients looking to help major power consumers lower costs in managing their entire energy portfolio, reduce complexity, and deliver on sustainability objectives.
  • Alongside the company announcement, Edison released a white paper called “The New Energy Future – Challenges and Opportunities in Corporate Energy Management.” Among the findings: 25% of companies do not accurately understand their total energy spend, and 94% believe there are remaining opportunities for them to save.

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