diff --git a/elements/lazy-template/lazy-template-examples.js b/elements/lazy-template/lazy-template-examples.js
new file mode 100644
index 00000000..c95e99ac
--- /dev/null
+++ b/elements/lazy-template/lazy-template-examples.js
@@ -0,0 +1,37 @@
+export default {
+  element: 'lazy-template',
+  examples: {
+    'Load On Page Load': {
+      render () {
+        return `
+          <script type="text/html" is="lazy-template" load-on="page-load">
+            <h1>Damn Son, I Am Lazy Loaded</h1>
+            <img src="http://www.fillmurray.com/g/200/300" alt="Billy Murray">
+          </script>
+        `;
+      },
+    },
+    'Load On In View': {
+      render () {
+        return `
+          <div
+            style="
+              overflow: auto;
+              position: absolute;
+              top: 0;
+              left: 0;
+              bottom: 0;
+              right: 0;
+            "
+          >
+            <div style="height: 200%">SCROLL DOWN TO LOAD STUFF</div>
+            <script type="text/html" is="lazy-template" load-on="in-view">
+              <h1>Damn Son, I Am Lazy Loaded</h1>
+              <img src="http://www.fillmurray.com/g/200/300" alt="Billy Murray">
+            </script>
+          </div>
+        `;
+      },
+    },
+  },
+};
diff --git a/elements/lazy-template/lazy-template.js b/elements/lazy-template/lazy-template.js
new file mode 100644
index 00000000..e623e1e7
--- /dev/null
+++ b/elements/lazy-template/lazy-template.js
@@ -0,0 +1,68 @@
+import { registerElement } from 'bulbs-elements/register';
+import { InViewMonitor } from 'bulbs-elements/util';
+import invariant from 'invariant';
+import './lazy-template.scss';
+
+function BulbsHTMLScriptElement () {}
+BulbsHTMLScriptElement.prototype = HTMLScriptElement.prototype;
+
+class LazyTemplate extends BulbsHTMLScriptElement {
+  get loadOn () {
+    return this.getAttribute('load-on');
+  }
+
+  attachedCallback () {
+    invariant(this.hasAttribute('load-on'),
+      '<script is="lazy-template"> MUST specify a "load-on" attribute (either "page-load" or "in-view").');
+
+    invariant(this.getAttribute('type') === 'text/html',
+      '<script is="lazy-template"> MUST set the attribute type="text/html".');
+
+    if (this.loadOn === 'page-load') {
+      this.setupLoadOnPageLoad();
+    }
+    else if (this.loadOn === 'in-view') {
+      this.setUpLoadOnInView();
+    }
+
+    this.replaceWithContents = this.replaceWithContents.bind(this);
+    this.handleEnterViewport = this.handleEnterViewport.bind(this);
+  }
+
+  detachedCallback () {
+    if (this.loadOn === 'in-view') {
+      this.tearDownLoadOnInView();
+    }
+  }
+
+  setupLoadOnPageLoad () {
+    if (document.readyState === 'complete') {
+      this.replaceWithContents();
+    }
+    else {
+      window.addEventListener('load', () => this.replaceWithContents());
+    }
+  }
+
+  setUpLoadOnInView () {
+    InViewMonitor.add(this);
+    this.addEventListener('enterviewport', this.handleEnterViewport);
+  }
+
+  handleEnterViewport () {
+    InViewMonitor.remove(this);
+    this.replaceWithContents();
+  }
+
+  tearDownLoadOnInView () {
+    InViewMonitor.remove(this);
+  }
+
+  replaceWithContents () {
+    this.outerHTML = this.textContent;
+  }
+}
+
+LazyTemplate.extends = 'script';
+
+registerElement('lazy-template', LazyTemplate);
diff --git a/elements/lazy-template/lazy-template.scss b/elements/lazy-template/lazy-template.scss
new file mode 100644
index 00000000..fde372ca
--- /dev/null
+++ b/elements/lazy-template/lazy-template.scss
@@ -0,0 +1,11 @@
+// we're using getBoundingClientRect to determine when our script
+// is in-view. Typically scripts are not part of the render tree
+// and their client rect is not meaningful. We can force them to be
+// an invisible 0x0 block element like this. Then we can meaninfully
+// track their position.
+script[is="lazy-template"] {
+  display: block;
+  width: 0px;
+  height: 0px;
+  overflow: hidden;
+}
diff --git a/elements/lazy-template/lazy-template.test.js b/elements/lazy-template/lazy-template.test.js
new file mode 100644
index 00000000..c4dd5a8b
--- /dev/null
+++ b/elements/lazy-template/lazy-template.test.js
@@ -0,0 +1,97 @@
+import './lazy-template';
+
+describe.only('<script is="lazy-template">', () => {
+  let sandbox;
+  let subject;
+  let container;
+
+  beforeEach(() => {
+    sandbox = sinon.sandbox.create();
+    subject = makeTemplate(`
+      <h1>Cool Template</h1>
+      <p>It is lazy!</p>
+    `);
+    container = document.createElement('div');
+    document.body.appendChild(container);
+  });
+
+  afterEach(() => {
+    sandbox.restore();
+    container.remove();
+  });
+
+  function makeTemplate (innerHTML) {
+    let template = document.createElement('script', 'lazy-template');
+    template.setAttribute('type', 'text/html');
+    template.setAttribute('load-on', 'page-load');
+    template.innerHTML = innerHTML;
+    return template;
+  }
+
+  it('requires a load-on attribute', () => {
+    subject.removeAttribute('load-on');
+    expect(() => {
+      subject.attachedCallback();
+    }).to.throw('<script is="lazy-template"> MUST specify a "load-on" attribute (either "page-load" or "in-view").');
+  });
+
+  it('requires a type set to "text/html"', () => {
+    subject.setAttribute('type', 'text/whatever');
+    expect(() => {
+      subject.attachedCallback();
+    }).to.throw('<script is="lazy-template"> MUST set the attribute type="text/html".');
+  });
+
+  it('requires a type attribute', () => {
+    subject.removeAttribute('type');
+    expect(() => {
+      subject.attachedCallback();
+    }).to.throw('<script is="lazy-template"> MUST set the attribute type="text/html".');
+  });
+
+  describe('replaceWithContents', () => {
+    it('replaces itself with the content html', () => {
+      container = document.createElement('div');
+      container.appendChild(subject);
+      subject.replaceWithContents();
+
+      expect(container.children[0].outerHTML).to.eql('<h1>Cool Template</h1>');
+      expect(container.children[1].outerHTML).to.eql('<p>It is lazy!</p>');
+    });
+  });
+
+  context('load-on="page-load"', () => {
+    beforeEach(() => subject.setAttribute('load-on', 'page-load'));
+
+    xit('sets content when page load event fires', () => {
+      // document.readyState is  'complete' by the time this test starts
+      // and it can't be overwritten, not sure how to test this
+    });
+
+    it('sets content immediately if page load event has fired', (done) => {
+      container.appendChild(subject);
+
+      setImmediate(() => {
+        expect(container.children[0].outerHTML).to.eql('<h1>Cool Template</h1>');
+        expect(container.children[1].outerHTML).to.eql('<p>It is lazy!</p>');
+        done();
+      });
+    });
+  });
+
+  context('load-on="in-view"', () => {
+    beforeEach(() => subject.setAttribute('load-on', 'in-view'));
+
+    it('sets content when enterviewport event fires', (done) => {
+      container.appendChild(subject);
+
+      setImmediate(() => {
+        expect(container.children[0].tagName).to.eql('SCRIPT');
+        subject.dispatchEvent(new CustomEvent('enterviewport'));
+        expect(container.children[0].outerHTML).to.eql('<h1>Cool Template</h1>');
+        expect(container.children[1].outerHTML).to.eql('<p>It is lazy!</p>');
+        done();
+      });
+    });
+  });
+});