How MEETS Works

Overview

MEETS was designed to directly address the barriers to increasing energy efficiency that each stakeholder faces.

MEETS for the General Audience: Quick Explainer Video (4-min)

MEETS for the General Audience: Detailed Webinar (36-min)

MEETS for Utilities and Regulators

MEETS for Building Owners

Key Elements of a MEETS framework:

The yield from metered energy efficiency from a customer facility is delivered to the utility – not the facility
The utility bills the facility, at retail, for the metered efficiency yield of which the utility took delivery, and
The metering is done through a dynamic baseline meter that meets utility resource grade standards.

For a more in-depth look at the benefits of MEETS for all stakeholders, please download the MEETS Description.

“The MEETS program allows us to overcome the split incentive, which prevents building owners from realizing an economic incentive to invest in energy upgrades to buildings. By using the MEETS structure, we’re able to implement the kind of building energy upgrades that we desperately need to help prevent unnecessary wasted energy which causes climate change, and have a path to an economic rationale for doing so, which is needed for project stakeholders, investors and lenders.”

— Sloan Ritchie - President, Cascade Built