mCloud Technologies Corp V.MCLD.H

BC Hydro mCloud partnership

[TickBomb]

Here is the link to the offering they announced.  $4k in credits to sign up.  Should be a good onboarding funnel.  I don't know who the other utilities are yet.

https://www.bchydro.com/powersmart/business/programs/auto-demand-response.html?WT.mc_rd=rd_autodemandresponse

[lscfa]

The utility paying for the upfront hardware is a good incentive but businesses must also be convinced that their energy savings will exceed the monthly recurring fees payable to MCLD.   

[TickBomb]

Yes, convincing is needed, but keep in mind that you get cost savings from the reduced energy consumption + reductions in subscription costs from the automated demand response.  Plus you can get the indoor air quality monitoring.  But ya i don't know to what degree buildings will sign up or how motivated they are...  it appears to be an easy sell for larger institutions where