The Bullitt Center
World’s first Metered Energy Efficiency generator – utilizes EnergyRM’s DeltaMeter™.
2021:
In January 2021, Seattle City Light announced its plans to further expand the MEETS Pilot, seeking a second round of projects and expanding eligibility. Information can be found here.
In November 2021, Seattle City Light announced further program enhancements. The program is now “open enrollment” until 15 applications have been approved. In addition, the value of demand reductions can now be included in the agreement. For large commercial buildings, this increases the value of the Efficiency Energy under the purchase agreement to approximately 11 – 11.5 cents/kWh. The starting price escalates at 2% per year for up to 20 years. More information can be found here.
2020:
In January 2020, Seattle City Light requested up to 15 additional projects under a new program it calls Energy Efficiency as a Service, which is modeled on MEETS. Information on that rollout can be found here.
The application process was open for 16 weeks (approximately half of it under COVID-19 restrictions). The utility received applications for 4 large commercial office building retrofits and one new multi-family development. The average efficiency gains proposed were over 30%. No utility incentives will be paid.
All five projects are reported to be moving into the contracting phase.
The utility anticipates opening another application request in early 2021.
May 2016:
The MEETS Pilot Interim Report, examining the agreement between the Bullitt Center and Seattle City Light is now available.
Click here to learn more and download the report from our News page…
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In April of 2015, we announced the first major field test of the Metered Energy Efficiency Transaction Structure (MEETS). The structure opens the energy efficiency world to utility scalability. The transaction is supported by OR BEST and the Northwest utility industry’s technical energy efficiency group, the Northwest Energy Efficiency Alliance (NEEA).
The project features a 20-year utility power purchase agreement, between Seattle City Light and the new Bullitt Center – the world’s greenest office building. The dynamic baseline metering is provided by MEETS Accelerator Coalition member, EnergyRM.
You will find the City of Seattle’s press release here.
You will find a press release from Perkins Coie here.