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Outsource utilities for a single-point partnership, fixed predictability, and shared savings – where accountability meets efficiency, creating a true win-win journey.
Performance Contracting Is Typically Offered By UtilitaaS+
Client Assessment
Assesses energy needs, infrastructure and consumption, working closely with clients to align goals, budget, sustainability.
Energy Audit and Analysis
UtilitaaS+ shall perform a energy audit and analysis to identify potential energy-saving opportunities.
Energy Efficiency Proposal
UtilitaaS+ proposes energy-saving measures with costs, savings, and payback details post-audit findings.
Performance Guarantee
UtilitaaS+ guarantees specific energy savings after implementing proposed efficiency measures for clients.
Our Services
Project Financing
- UtilitaaS+ typically offers various financing options, if required, to partly fund the energy efficiency project, including Energy Savings Performance Contracts (ESPCs).
- Under an ESPC,,if required and mutually agreed, – Utilitaas+ partly finances the project upfront, covering significant costs of equipment, installation, and services.
Ongoing Monitoring and Verification
- Throughout the contract term, – Utilitaas+ employs ongoing monitoring and verification (M&V) to track and validate the actual energy savings.
- M&V ensures that the performance guarantees are met, and adjustments can be made if necessary
Project Implementation
- UtilitaaS+ oversees the implementation of the energy efficiency measures, which may include upgrading lighting systems, HVAC equipment, insulation, and building controls.
- UtilitaaS+ ensures that the project is completed on time and within budget.
Shared Savings or Payment Structure
- The client pays based on a predetermined shared savings or payment structure
- Payment terms are often structured so that the client’s payments come from the realized energy savings, ensuring that the project is cash flow positive from day one.
Energy Savings Measurement
- UtilitaaS+ use various measurement and verification protocols to determine energy savings accurately. These protocols may include IPMVP (International Performance Measurement and Verification Protocol) guidelines.
Energy Savings Verification Reports
- UtilitaaS+ provides regular energy savings verification reports to the client, showcasing the actual energy savings achieved compared to the guaranteed savings.
Shared Savings or Payment Structure
- The client pays based on a predetermined shared savings or payment structure.
- Payment terms are often structured so that the client’s payments come from the realized energy savings, ensuring that the project is cash flow positive from day one.
Performance Assurance
- If the energy savings fall short of the guaranteed levels, UtilitaaS+ may be contractually obligated to accept longer terms
- Performance assurance mechanisms protect the client’s investment and provide a risk-free approach to energy efficiency improvements.
Performance contracting offered UtilitaaS+
- It enables clients to implement energy efficiency measures with little to no major upfront capital investment while benefiting from guaranteed energy savings and improved sustainability.
- It aligns the interests of both the client and UtilitaaS+ in achieving energy efficiency goals.
- Performance contracts typically have a fixed term, often ranging from several years to a decade or more.
- During this time, the - UtilitaaS+ remains responsible for maintaining the energy-efficient systems and ensuring that guaranteed savings are achieved.