The term residual income (also known as passive or recurring income) is commonly used to refer to income that continues to be earned even after the work is done.

We Also Recommend

Climate Impact Capital Portfolio Company Wins Phase 1 of Department of Energy Prize totally $10M to accelerate community microgrids

Climate Impact Capital Portfolio Company Wins Phase 1 of Department of Energy Prize totally $10M to accelerate community microgrids Climate Impact Capital spun out Climate Impact Capital Energy Holdings, LLC (CIC Energy) in 2021 to address significant gaps in U.S. energy workforce and critical infrastructure development. CIC Energy serves two segments by addressing the I. demand ...

Read Article

Virtual Power Plants Catalyze Grid Stability in Texas

Bringing Energy Equality to Renters in Texas with Virtual Power Plants Historically, choosing solar energy as a way to cut down on electric bills and add value to homes has only been a viable option for people with good credit and the ability to purchase a home. With a new program, however, the opportunity to power ...

Read Article

Capturing the Untapped Value of Edge Computing Investments for the Intelligent Grid

Capturing the Untapped Value of Edge Computing Investments for the Intelligent Grid By Keshav Ahuja Smart embedded devices and algorithmic decision making will transform services across many domains, including a smarter and intelligent grid. Edge computing has gained momentum since the onset of 5G technology. And while 5G deployment for telecoms has been robust, investors have been wary ...

Read Article