The US Energy Transition Is Not Going Quietly

The article discusses the complex landscape of the US energy transition amid rising electricity demand and shifting federal policies. Despite setbacks such as potential reductions in federal support for renewable energy under the current Republican-controlled Congress, the US continues to add carbon-free power capacity rapidly. This growth is driven not only by renewables but also by innovative financing models that lower barriers to energy efficiency upgrades. One notable example is the emerging "energy-as-a-service" (EaaS) model, which allows building owners to implement energy system improvements without upfront costs, paying instead through monthly utility savings. A key player highlighted is Budderfly, an EaaS company that recently secured over $1 billion in capital, including a $100 million debt financing round from Nuveen Energy Infrastructure Credit. Budderfly’s approach integrates advanced HVAC systems, LED lighting, smart controls, and water-saving technologies through long-term service agreements, delivering cost savings and supporting sustainability goals. Both Budderfly and its investors emphasize the importance of energy efficiency as a