Tag Archives: Pay-As-You-Save (PAYS) System

Pay As You Save: Co-ops are reaching new customers with a novel way to pay for efficiency

By Robert Walton, Utility Dive

Spruce Financial

“The Pay as You Save system has been active in the power sector for nine years now, but the leaders who have been demonstrating its efficacy have been in a part of the power sector that’s little tended and not particularly well known,” said Holmes Hummel, founder of Clean Energy Works, which advocates for the use of PAYS . . . “Electric cooperatives have been by far the leaders in this innovation and the reason for that is the alignment they have between shareholder interests and customer interests,” said Hummel. “Electric co-ops are, frankly, more nimble. They’re relatively efficient organizations.” Read more here.

Pay-As-You-Save