Performance-based solution for private and public-sector energy projects
EaaS is a pay-for-performance solution that allows public and private sectors to implement multi-measure infrastructure projects without upfront capital expenditure. EaaS, also known as an Energy Savings Agreement (ESA), allows customers to use energy savings to pay for all efficiency upgrades while shifting ongoing service responsibility to the contractor. Additional program benefits include enabling customers to pay with a savings structure, realizing immediate positive operating income, and simplifying procurement. EaaS can eliminate the hassles and delays associated with internal capital expenditure approval processes.
The customer pays for measured savings and clean energy output.
Special Purpose Entity
EaaS funds 100% of the project costs, owns the equipment and pays for maintenance and monitoring.
EaaS provider designs and constructs the project as well as provides ongoing services.
Utilizing an Energy-as-a-Service Agreement (EaaS), over the past seven years, our client has saved…
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