a wildly effective

energy management solution

AT ZERO COST TO YOUR BUSINESS

HERE’S WHAT YOU CAN EXPECT THROUGH OUR
SHARED ENERGY SAVINGS PROGRAM

Shared Energy Savings Program Workflow

Shared Energy Savings Program Example

Annual energy cost before upgrades= $250,000
Cost of energy efficiency upgrades = $260,000 – Funded by HWE/Lending Partner
Annual energy cost after upgrades = $150,000
Annual Energy Cost Savings = $75,000

Energy Service Agreement Term = 5 years
Annual Share Savings (30%) = $22,500

Accumulated savings over ESA term = $112,500
Accumulated savings over upgraded equipment life (15 years) = $862,500
Upfront capital required for projects = $0

Energy as a Service explained

What is Shared Energy Savings?

Also referred to as Enery-as-a-Service or Efficiency-as-a-Service.  Similar models that we’re all familiar with are Spotify’s music as a service, SaaS – software as a Service, and cell phones/service.  

This is a new way to procure energy technologies for your facilities in which you pay for the energy savings and other services that that equipment provides, without actually owning the equipment.  

SES and EaaS are pay-for-performance, off balance sheet funding solutions that allow customers to implement energy efficiency projects with no upfront capital expenditure. 

Energy Service Agreements are used to outline the energy measures and services implemented, as well as the terms and ownership.  They will also call out the shift the of risk from the customer to the contractor and lender by including energy cost reduction guarantees.

Since the monthly amount of energy savings varies based upon operating hours, occupancy and weather; customer’s monthly payments will vary to match, allowing the customer to keep a specified percentage of savings outlined in the ESA.

 

 

Get In Touch

Get In Touch

Case Studies

Learn how we’re helping wholesalers across the country reduce their operating expenses.

Phone

(828) 419-0210

NBWA Energy Services Member