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Insights Success The 10 Fastest Growing Utilities and Energy Solutions Provider Companies

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Novel <strong>Energy</strong><br />

<strong>Solutions</strong>:<br />

Helping <strong>Companies</strong> Keep<br />

Pace with the Changing<br />

<strong>Energy</strong> L<strong>and</strong>scape<br />

Changing times call for new<br />

technology, <strong>and</strong> this is<br />

especially true when it comes<br />

to the pressure many businesses feel in<br />

their search for a more sustainable<br />

energy strategy that is also economical.<br />

As “green” best practices become<br />

mainstream <strong>and</strong> government incentives<br />

grow, the search for an easy-toimplement<br />

<strong>and</strong> cost-effective<br />

renewable energy plan has become top<br />

priority for organizations across many<br />

industries.<br />

Recent developments in solar<br />

technology have made it easier <strong>and</strong><br />

more affordable than ever to harness<br />

the power of the sun for even the most<br />

energy-intensive business processes.<br />

Despite these advancements, however,<br />

the barriers to solar projects can be<br />

formidable-a rapidly changing<br />

industry, complex government policies,<br />

<strong>and</strong> competing business priorities, to<br />

name a few.<br />

Novel <strong>Energy</strong> <strong>Solutions</strong> (NES) works<br />

to remove these barriers <strong>and</strong> make<br />

solar technology available to<br />

businesses, residences <strong>and</strong> non-profits.<br />

<strong>The</strong>y offer solar solutions to their<br />

customers at financially viable prices<br />

($0 down <strong>and</strong> immediately cash flow<br />

positive), <strong>and</strong> stay involved with all<br />

steps of the installation <strong>and</strong> financing<br />

in order to ensure quality <strong>and</strong> value<br />

throughout the entire process.<br />

A Home-Grown Beginning<br />

NES was founded in 2012<br />

by Cliff Kaehler, a<br />

Georgetown University<br />

alumni <strong>and</strong> 5th generation<br />

cattle farmer from St.<br />

Charles, Minnesota, his<br />

parents <strong>and</strong> a family friend.<br />

After working in the Power <strong>and</strong><br />

Renewables department of the<br />

investment bank Credit Suisse, Cliff<br />

returned to his home state. He credits<br />

much of his success to his farm life<br />

background, which helped him identify<br />

the opportunities that solar energy<br />

brings to farmers in terms of<br />

sustainability <strong>and</strong> improving their<br />

profitability. His company’s first deal,<br />

in fact, was with a family friend with<br />

whom his family had done business<br />

with since the 1930s.<br />

Affordable <strong>and</strong> Accessible <strong>Solutions</strong><br />

Cliff established NES to help bridge<br />

the gap that often exists between these<br />

customers <strong>and</strong> the realization of<br />

economical renewable energy plans.<br />

<strong>The</strong> company assists their clients in<br />

analyzing all available clean energy<br />

options <strong>and</strong> designs a comprehensive<br />

plan that is right for the individual<br />

customer.<br />

Because NES offers <strong>10</strong>0% financing<br />

for projects at $0 down, the vast<br />

majority of their customers are<br />

immediately cash flow positive with<br />

“<br />

We install projects<br />

at $0 down, with<br />

immediate savings.<br />

<strong>The</strong> more money<br />

“<br />

you spend on electricity,<br />

the more we can<br />

save you!<br />

limited financial risk. NES’ strong<br />

financial background enables it to<br />

recommend the best solutions for its<br />

clients from an economics perspective<br />

that's backed by hard numbers, rather<br />

than a feel good solution that isn’t<br />

profitable.<br />

Building Partnerships that Last<br />

NES prides itself on the long-term<br />

relationships they build with their<br />

customers, always striving to be a<br />

trusted partner <strong>and</strong> advisor throughout<br />

every stage of a project. All of their<br />

business comes to them via word-ofmouth<br />

passed along by current<br />

customers.<br />

“We’d never make a deal that we<br />

couldn’t recommend to a member of<br />

our family,” Cliff says. “In fact, there<br />

have been times where we’ve walked<br />

away from deals that didn’t make sense<br />

for the customer, <strong>and</strong> advised them<br />

against making those decisions.”<br />

Novel <strong>Energy</strong> <strong>Solutions</strong> also prides<br />

itself on its close ties to the<br />

communities it serves. On the advice<br />

28<br />

|November 2016

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