Solar energy as a service

What is energy-as-a-service?

Although the term energy-as-a-service has been used primarily to describe energy efficiency–related business models in the past, it can be used to describe other business models used in the energy space unrelated to energy efficiency, such as a subscription for solar energy.

Who owns and maintains a solar system?

The provider owns and maintains the solar system, and the customer benefits from renewable energy without the upfront costs. This model involves the use of energy management software to monitor and optimize energy usage in buildings or facilities.

What is energy-as-a-Service (EAAS)?

Energy-as-a-service (EaaS) is a business model whereby customers pay for an energy service without having to make any upfront capital investment. EaaS models usually take the form of a subscription for electrical devices owned by a service company or management of energy usage to deliver the desired energy service.

How does energy as a service work?

The Energy as a Service business model shifts ownership of energy-related assets from the customer to the supplier. It works by turning traditional business models on their head.

What is the energy as a service model?

The shift to the Energy as a Service model is being encouraged by four prevalent trends: decarbonization, electrification, urbanization and digitalization. This model, in fact, is a solution that – thanks to its integration of smart technologies - promotes the adoption of advanced, low-carbon technologies.

What are the advantages of energy as a service?

One of the main advantages of energy as a service is that it helps customers avoid the high upfront costs associated with purchasing and installing energy systems. Instead, customers pay a regular fee for the energy service, which can make it more affordable and accessible.