Sunday January 26, 2020

UrbanVolt gets the LED out

The energy-saving Dublin firm is ready to take its ‘lightbulbs as a service’ pitch overseas in 2017

25th September, 2016
Kevin Maughan, chief executive, UrbanVolt Pic: Fergal Phillips

Not many companies offer to cover the cost of their service for customers upfront. But for UrbanVolt, the Dublin-based energy-saving LED lighting company, footing the bill is the business model.

The company recently announced a €5 million investment for energy-efficiency projects for businesses in Cork. Last month, it pledged to replace one million lights across Irish businesses with no upfront costs.

Rather than asking its clients to pay to retrofit its lighting, UrbanVolt invests in...

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