Lighting Upgrade Through Energy-As-A-Service
Streaming tycoons, Netflix, Amazon, and Hulu are no strangers to the subscription-based concept of offering their services for a fixed monthly payment plan. It will come as no surprise that energy companies are taking a page from this book and turning what use to be upfront energy cost into a fixed monthly Energy-as-a-Service model (EaaS). This monthly subscription paradigm allows companies to cut their capital expenses and reduce their energy costs. We are going to explore what EaaS is and how to determine if it is the right choice for you.
Why we are reveling for EaaS
· It is budget-friendly
· There are no unplanned maintenance costs
· It allows access to the best technology without a cash exhaustion
Cash Flow Optimization
Most lighting upgrades can be implemented with ZERO capital and provide immediate cash flow.
Ditch It
Old Technology
Unplanned Repair Cost
Replacement Cost (CapEx)
Risk
Switch It
Fixed Monthly Fee
Immediate Monthly Cost Savings
CapEx Space in your budget
Removal of Maintenance Risk
A New Standard
Most of these upgrades offer more than just a break to your wallet.
They can provide a higher volume and better quality of light, which does the following:
Improves safety
Reduces headaches & eye strain for office environments
Reduce the quantity of product re-runs in manufacturing
Especially in inspection areas
They also provide the following benefits to the environment
Less carbon emission
Less utility power on standby
Removal of toxic elements from your workspace
Qualification
If you answer yes to at least two of the four questions, your company may qualify.
Does your existing lights look like the following?
Are your lights on for more than 10 hours a day?
Is your kWH rate above $.07/kWH?
To calculate, take your total bill and divide it by the total kWH used for the month.
Do you have multiple facilities?
About the author
Bobby Roush serves as Sales and Operations Manager at CS Erickson, joining the company in 2019. He has 10+ years of electrical experience ranging from small local business to large national business.
Fun Fact: Bobby played college golf at Cornerstone University