Budderfly

Budderfly is an energy-as-a-service company based at 2 Trap Falls Road in Shelton, Connecticut. It takes over energy management for multi-site commercial operators, funding and installing efficiency upgrades itself rather than selling equipment.

Under the model, Budderfly provides the capital and handles installation, monitoring and maintenance of high-efficiency equipment at qualifying sites at no upfront cost to the operator. Upgrades cover HVAC, lighting and refrigeration, with smart monitoring technology and its own measuring and billing systems. The customer receives one consolidated monthly bill that the company says is up to 5% less than they would otherwise have paid, and continues to share in the savings as efficiency improves.

The site states the approach is designed to lower site energy usage by up to 30%, and reports 22% average annual energy savings, more than $378M invested in facility upgrades and more than 9,000 locations nationwide. Budderfly says it was named to the Inc. 5000 list of fastest-growing private companies for a third consecutive year in 2023 and was a Deloitte Technology Fast 500 winner that year. Sectors served include restaurants and franchises, retail, healthcare and fitness, schools and universities, and corporate and enterprise facilities.

The arrangement is a long-term agreement over your utility spend rather than a one-off purchase. The site does not publish contract terms, so ask which of your sites qualify, how long the agreement runs, how savings are split, who owns the equipment, and what happens if a site closes or changes hands.