HomeMarch 4, 2020
Energy Efficiency-as-a-Service Provider Seeks Broker Licenses In New States
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Budderfly, Inc., a provider of Energy Efficiency-as-a-Service solutions which as previously reported recently began referring customers to a selected retail energy supplier, has sought broker or similar licenses in addition states
See background on Budderfly in our prior story here
Budderfly, Inc. applied for a Texas electric aggregator certificate to serve commercial and industrial customers
In its Texas application, Budderfly said, "As part of and incidental to [its] managed energy services, Budderfly currently intends to place eligible customer accounts within Texas with Direct Energy. Budderfly currently intends to place eligible customer accounts within Illinois with Direct Energy for quotes on competitive energy supply, and where the quoted rates represent sufficient savings, Budderfly intends to enter into supply agreements with Direct Energy. Budderfly currently intends to deal only with Direct Energy, in order to take advantage of better pricing and commission terms as a result of the volume of business, and to assure that sufficient resources and attention will be available from Direct Energy. However, Budderfly is not committed by contract to deal only with Direct Energy and may in the future use the services of a third-party broker to seek multiple quotes for competitive supply or may do the same using Budderfly's own staff."
Budderfly also applied for an Ohio electric broker/aggregator license to serve all types of non-residential customers
Budderfly said in its Ohio application, "In order to help achieve rate reductions, Budderfly currently intends to place eligible accounts within Ohio with Direct Energy for quotes on competitive energy supply, and where the quoted rates represent sufficient savings, Budderfly intends to enter into supply agreements with Direct Energy. Budderfly currently intends to deal only with Direct Energy, in order to take advantage of better pricing and commission terms as a result of the volume of business, and to assure that sufficient resources and attention will be available from Direct Energy. However, Budderfly is not committed by contract to deal only with Direct Energy and may in the future use the services of a third-party broker to seek multiple quotes for competitive supply or may do the same using Budderfly's own staff."
As more fully discussed in our prior story here, Budderfly offers a variety of energy services under an "Energy Efficiency-as-a-Service" or "Energy Management Outsourcing" model.
Budderfly's offered services and technology include:
Budderfly IoT Devices LED Lighting Voltage Management Budderfly Environment Sensors Energy Billing & Payments Peak Demand Management Renewable Energy Options Budderfly EMS Software Light & Heat Harvesting Energy Sourcing Solar & Battery Solutions HVAC Upgrades Insulation Improvements Advanced Energy Upgrades Continuous Technology Upgrades
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