The Business Advantages Of Using Energy As A Service

Let's face it: the energy sources we have relied on for decades are finite. At the current rate of innovation and environmental concerns becoming ever more apparent, people managing real estate, institutions, or any infrastructure simply can't keep up. 

Effectively meeting sustainability goals is the apparent motto of the day. Many companies and organizations of all kinds have tried to implement that to varying results.  

That's good if you have the resources for it, which is, unfortunately, only the case for some. The average building manager may not have the capital to overhaul their energy structures, let alone maintain the staff and resources to run these projects at scale.  

Luckily, there's a straightforward, effective solution on the rise.
 

What Is Energy As A Service?

Energy as a service (EAAS) came about as an intuitive, reliable way to fill the gaps stopping people from reaching their environmental, social, and governance (ESG) goals.  

This business model allows customers to pay for energy services without investing heavily. Such companies provide access to power and management services, saving clients from covering sustainability efforts alone. 

If you're worried about handling commercial building energy consumption, it may be the solution you need. These providers fund and install energy-saving and generating equipment, covering energy-efficiency upgrades and renewable energy projects. Furthermore, they manage the entire process, from design and implementation to ongoing maintenance, so you can spend your time and resources growing your business. 

Because they own and maintain the upgraded equipment, you have less responsibility and risk. Also, you have guaranteed savings because of the reduction of energy costs. 

Altogether, working with an EAAS provider may be the key to keeping your operations going while hitting your sustainability goals.
 

What Makes It Good For Businesses?

Thanks to its effectiveness, this relatively new solution has made waves in a growing number of sectors. Some of the advantages it offers to businesses:

1. Lets Them Access The Latest Technology

One of the main objectives of EAAS is to move away from inefficient, obsolete systems. With skyrocketing costs and climate change weighing on everyone's minds, this solution offers a way forward. 

EAAS providers ensure that their clients get access to low-carbon technologies, which aim to provide the most optimal way of outsourcing consumers' energy needs. 

As mentioned earlier, these companies save customers from the high upfront costs of overhauling their systems. Part of that is providing them with the necessary equipment to shift from the typical power grid.  

Good examples of technologies these firms provide include the following: 

• Internet of Things sensors: These are attached to your equipment to collect real-time energy data. You can use this to adjust systems for optimal operations and efficiency.
• Advanced analytics: After collecting energy data, you get access to analytics immediately through smart metering. This asset-level monitoring offers rich, actionable information that validates savings and points out areas for improvement. 

A great application of EAAS's effectiveness can be seen in how it elevates your use of the HVAC pump. Through the monitoring and analysis of its regular functions, you're able to gather detailed information on the following: 

• How much energy it uses throughout set periods 
• How long it maintains a level of consumption 
• How environmental factors affect its overall efficiency 

From there, you get recommendations on adjusting the pump for extreme temperature changes during a specified period, for example. It lets you save more on energy consumption and maintain its longevity beyond its warranty.
 

2. Makes The Transition To 'Intelligent' Buildings More Feasible

More and more companies are investing in smart buildings to incorporate a higher quality of services right into their infrastructure to meet changing demands.  

These buildings use cutting-edge systems, like the Internet of Things and artificial intelligence, to improve the following aspects:

• Accessibility
• Safety
• Management

These technologies aim to make processes seamless for users, improving their quality of life.

Some of the critical objectives of smart buildings include the following:

• Controlling supply via the data collected
• Saving energy
• Achieving optimal energy-efficiency

In this light, relying on EAAS providers may be critical in supporting the transition to smart buildings. This is due to how easily it allows facility managers of all kinds to achieve such goals without leaving dents on their budgets.
 

3. Directly Elevates Customers' Experience

As earlier highlighted, EAAS providers do most of the work for its customers. They upgrade the way they work by giving them access to many alternatives for reducing energy costs and carbon footprints while maintaining operational efficiency. 

Besides helping them optimize their savings, these companies give their clients the assurance and convenience of having dedicated experts managing their energy services.  

If you're running an institution or organization, you need only pay for the management services and power access. You don't have to worry about anything else. 

From that alone, you can tell that EAAS not only closes gaps but also keeps customers satisfied.
 

4. Boosts Consumer Trust And Loyalty 

Most experts working in the energy sector for a long time can attest to how unpredictable the market is. In its current condition, smart managers know they can't put everything into the industry. Customers fear not getting what they pay for, especially with the ongoing economic downturn. 

EAAS exists to counter that drop in energy reliability. These service providers have shown themselves more than willing to meet high standards and changing consumer demands.  

They combine all energy-related costs under a transparent, reliable package. After signing up for the service, you can leave your energy needs in their hands without a fuss.
 

5. Cuts Overall Waste

Experts point to the business sector, educational facilities, and manufacturing companies as among today's most inefficient power users. 

Advanced solutions like EAAS help cut their waste through access to energy-efficient technology. This allows them to consume less while doing more, which is the primary goal of enterprises investing in environmental sustainability.
The Business Advantages Of Using Energy As A Service

A New Partner In Business Growth?

The EAAS business model is a game changer for forward-looking companies. It perfectly fits today's agenda of maximizing energy use while moving away from wasteful, unsustainable energy sources. 

If you're reading this, it may be time to make the switch and enjoy the advantages mentioned. Compare packages to find the right provider. For more information, consult the experts.