Next Step Living

Rocky Mountain Institute Report Supports Heat Pumps as an Alternative to Oil Heat

nextstepliving — Wed, 10 Apr 2013 16:40:18 +0000

New England’s leading residential energy services company, Next Step Living, helped over 20,000 households lower their energy bills last year which will equate to $25 million in savings over the next 5 years. As part of its whole-home approach, Next Step Living encourages homeowners to install Total Climate Control (TCC) systems, also known as ductless heat pumps, in their homes as an affordable heating alternative to traditional methods such as oil, propane or electric baseboard. Next Step Living applauds the findings of a recent Rocky Mountain Institute (RMI) report, which underscores the need for heat pumps in the Northeast due to the high proportion of residents who heat with oil.

In the past 6 months, Next Step Living installed over 180 Total Climate Control systems in New England homes which will result in $3.6 million in savings over the life of the systems for these residents. Beyond the energy savings benefit, TCC systems can also act as highly efficient cooling systems and provide homeowner’s with room-by-room temperature control which make them an even more attractive solution for residents. Next Step Living connects customers with available rebates, incentives and financing options from state programs to help reduce the upfront cost of the TCC system so that it becomes an affordable option for homeowners.

Energy efficiency co. to expand outside Mass.

admin — Tue, 18 Dec 2012 23:18:59 +0000

Boston-based residential energy efficiency company Next Step Living said it has raised $18.2 million in a third round of funding to better serve homeowners outside of Massachusetts.

New investor VantagePoint Capital Partners led the round, which also included participation from existing investors Black Coral Capital and Mass Green Energy Fund. The company said it is looking to expand its geographic base to include Connecticut, Maryland and other states on the Atlantic Coast.

Next Step Living Gets $18.2M for Community-Scale Home Efficiency, Solar

admin — Tue, 18 Dec 2012 23:15:51 +0000

Next Step Living has taken a community organizing approach to this business challenge, and with gusto. Since its founding in 2008, the company has grown to 450 employees and has audited about 25,000 homes so far, by working with nonprofit groups, utilities and corporate customers. On Wednesday, the Boston-based startup announced it had raised $18.2 million from investors including VantagePoint Capital Partners, which led the round, and existing investors including Black Coral Capital and Mass Green Energy Fund.

Next Step Living raises $18.2m to expand beyond Mass.

admin — Tue, 18 Dec 2012 23:14:15 +0000

Next Step Living Inc., a Boston company specializing in analyzing homes and making them more energy efficient, said it has raised $18.2 million in Series C financing as it looks to expand beyond Massachusetts.

New investor VantagePoint Capital Partners led the round. Existing investors, including Black Coral Capital and Mass Green Energy Fund, also participated in the round, which remains open, the company said.

Next Step Living names investors in $18M round, plots East Coast expansion

admin — Tue, 18 Dec 2012 23:12:13 +0000

Boston energy efficiency services firm Next Step Living says that new investor VantagePoint Capital Partners led the firm’s $18.2 million round, reported earlier this week in an SEC filing.

The funding, the firm’s Series C round, also included returning investors Black Coral Capital and the Massachusetts Green Energy Fund, the company said.

Next Step Living names investors in $18M round

admin — Tue, 18 Dec 2012 23:09:47 +0000

Boston energy efficiency services firm Next Step Living says that new investor VantagePoint Capital Partners led the firm’s $18.2 million round, reported earlier this week in an SEC filing. The funding – the firm’s Series C round – also included returning investors Black Coral Capital and the Massachusetts Green Energy Fund, the company said. Continue Continue reading Next Step Living names investors in $18M round

Next Step Living Raises $18 Million for Residential Energy Retrofits

admin — Tue, 18 Dec 2012 23:07:48 +0000

A company that retrofits homes to higher levels of energy efficiency has raised $18.2 million in a Series C round.

Boston-based Next Step Living is one of many companies that offers homeowners energy audits and then implements retrofits that increase energy efficiency.

VantagePoint Departs from Clean-Tech Strategy in Growth Deal

admin — Tue, 18 Dec 2012 23:00:42 +0000

VantagePoint Capital Partners led a growth-equity investment in Next Step Living Inc., a company that improves the energy efficiency of homes, in a deal that’s a far cry from the ambitious technical investments the firm has typically made in clean technology.

Next Step raised $18.2 million in Series C financing. VantagePoint led the deal, and existing investors Black Coral Capital and Mass Green Energy Fund participated. Next Step raised about $12 million in equity prior to this round….

Venture capital deals

admin — Tue, 18 Dec 2012 22:59:03 +0000

Next Step Living Inc., a Boston-based provider of residential energy efficiency and renewable energy solutions, has raised $18.2 million in Series C funding. VantagePoint Capital Partners led the round, and was joined by return backers Black Coral Capital and Mass Green Energy Fund.

Boston Deals: Next Step, Adelphic, Ray Ozzie’s Talko, & More

admin — Tue, 18 Dec 2012 22:56:35 +0000

Next Step Living, a Boston-based startup that analyzes and retrofits homes to help improve energy efficiency, has raised $18.2 million of an equity financing round that could be worth about $24 million, according to a filing with federal regulators. Rob Day of Black Coral Capital, a Next Step investor, tells BostInno that the new cash will be used in part to help the company expand its footprint and improve its use of data to target potential customers.