Lighting as a Service provides funding for LED lighting retrofit projects with no out-of-pocket cost and uses just a portion of the energy savings to pay for the project. Installing the best energy efficient technology ensures a long-term reduction in energy consumption and maintenance costs, and creates immediately cash-flow positive savings to the bottom line.
How It Works
- 100% of new system funded with no upfront cost to customer
- Savings shared each month with customer (e.g., 30% to customer, 70% to investor)
- Off balance sheet service agreement — no financing/borrowing event
- Savings measured using revenue-grade metering on lighting circuits
- Maintenance/replacement costs borne by investor (100% value to customer)
Efficient lighting will save money, increase quality, and reduce maintenance. Efficiency-as-a-Service lets you realize all of these benefits with $0 out-of- pocket cost.
- Upgrade lighting system with no out-of-pocket cost
- Use just a portion of the proven savings from the improvements to pay for the project
- Long-term reduction in your energy and maintenance costs
- Advanced “revenue grade” metering system ensures billing transparency
- Monthly billing for a portion of actual energy savings – you are guaranteed to save
This unique offering differs from financing that bases claims of savings on estimates, not reality. This program makes two significant improvements to the energy performance contracting (EPC) model:
- Transparency: Revenue-grade meters are used as the basis billing—no models or estimates - measuring your exact energy savings.
- Responsibility: The performance of your system is actively monitored and necessary replacement parts are supplied as needed.
Start the Process: We make the process as easy and painless as possible:
Contact Us: Contact us today to find out how you can benefit from our Lighting as a Service offering.