Mintz advised smart building software and solutions company Logical Buildings on the launch of its GridRewards pilot program, a groundbreaking partnership with Sustainable Westchester, a nonprofit consortium of Westchester County, New York municipalities focused on sustainability initiatives and cutting-edge innovation. Sustainable Westchester’s portfolio of energy solutions includes Westchester Power, a Community Choice Aggregation (CCA) program intended to lower costs and increase the use of renewable energy that serves nearly one-third of Westchester households’ customers.
GridRewards empowers eligible energy users in Westchester to receive cash rewards from participating in Con Edison’s demand response programs, while also digitally assisting participants to reduce their monthly energy bill and make an overall positive environmental impact.
According to a recent article published by Greentech Media, GridRewards is “one of the first demand response programs in the state to take advantage of newly installed smart meters from Con Edison.” GridRewards utilizes the smart meters as the data backbone for Logical Buildings’ gamified mobile app SmartKit AI, which provides customized energy efficiency insights to help users understand and reduce their energy usage and carbon footprint.
“It has been rewarding to support our client Logical Buildings in launching this first-of-its-kind program to reduce energy usage in Westchester and empower regional energy users, particularly during this critical high-demand period as residents are under stay at home orders to minimize the spread of COVID-19,” said Mintz Member Eric Macaux.
Using GridRewards, individuals can collectively contribute to a more reliable grid and provide grid relief when energy usage is peaking. Logical Buildings and Sustainable Westchester plan to conduct a broader roll-out of GridRewards later this year.
The Mintz team advising Logical Buildings included Mr. Macaux, Member and Chair of the Energy & Sustainability Practice Tom Burton, Member Jeffrey Moerdler, and Member and Chair of the IT Transactions & Outsourcing Practice Julie Korostoff.
One of the first law firms to develop a practice focused on energy and sustainability innovation, Mintz’s Energy & Sustainability Practice serves more than 250 clients, spanning the ecosystem from emerging companies to large corporations, private equity and venture capital funds, investment banks, project developers and project finance funds, and family offices. Comprised of attorneys from all Mintz offices, the team also works closely with the firm’s government relations and consulting affiliate, ML Strategies, LLC, which has a dedicated clean energy team. Working as a cohesive unit, the Energy & Sustainability Practice is dedicated to offering clients a blend of comprehensive legal and government relations services, and practical business counseling.