Energy Savings – EaaS
Energy as a Service (EaaS) is an innovative business model that transforms the traditional approach to renewable technologies such as Lighting replacements (LED), Solar, and Energy Management.
The cost has traditionally been the barrier to business adoption…. But
Change is surging through the energy sector. A shift to a new Energy-as-a-Service (EaaS) business model is transforming the market, benefitting customers, and boosting the deployment of low-carbon technologies.
Talk to UCS to see how we can help your business take advantage of these new technologies,
- Under EaaS, customers pay a recurring subscription fee rather than making an upfront capital investment into energy assets.
- UCS assumes responsibility for the installation, operation, maintenance, and financing of the energy system on behalf of the customer.
- No Upfront Capital Investment: Customers avoid the need for significant initial investments in energy infrastructure.
- Immediate Positive Cash Flow and Savings: EaaS can lead to cost savings and positive cash flow from day one.
In the Energy as a Service model, customers pay for an energy service without having to make any upfront capital investments.
The shift to the Energy as a Service model is being encouraged by four prevalent trends:
- Decarbonization
- Electrification
- Urbanization
- Digitalization.
Thanks to its integration of smart technologies –UCS can help promote the adoption of advanced, low-carbon technologies for our clients.
What are the benefits of Energy as a Service?
- Reduced costs
- Improved operational quality
- Greater financial and environmental sustainability
- Improved risk management
- Increased transparency.
Energy as a service (EaaS) is a business model where customers pay a recurring subscription fee rather than making an upfront capital investment into energy assets. Under this model, a service provider assumes responsibility for the installation, operation, maintenance, and financing of the energy system on behalf of the customer. The customer pays for the energy service on a subscription or pay-per-use basis, rather than owning the energy infrastructure.
EaaS can take various forms. For example, a commercial building may contract an EaaS provider to install and operate a rooftop solar system, which generates electricity for the building and feeds excess power into the grid. The EaaS provider would handle the financing, installation, and maintenance of the solar panels, while the building owner would pay a fee for the energy generated by the system.
EaaS can offer several benefits to customers, such as reduced upfront costs, improved energy efficiency, and access to the latest technologies. It can also help customers to meet sustainability targets and reduce their carbon footprint.
In practice
Lighting as a service
Under this model, a company provides lighting solutions to commercial and industrial customers on a subscription basis. The company installs and maintains the lighting system, and the customer pays a monthly fee for the service.
Solar as a service
In this model, a provider installs solar panels on a customer’s property, and the customer pays a fee for the energy produced by the panels. The provider owns and maintains the solar system, and the customer benefits from renewable energy without the upfront costs.
Energy management as a service
This model involves the use of energy management software to monitor and optimize energy usage in buildings or facilities. The provider uses the software to save costs for example by maximizing self-consumption or shifting loads to low price periods. The customer pays a recurring subscription fee for the service.
Heating and cooling as a service
In this model, a provider installs and maintains heating and cooling systems in a building or facility in exchange for recurring payments.
Battery storage as a service
Under this model, a provider installs and maintains a battery storage system on a customer’s property. The customer pays a fee for the energy stored in the batteries, which can be used during peak demand times or power outages.
