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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
Performance contracting is a key service offered by UtilitaaS+. It involves a contractual agreement in which the UtilitaaS+ guarantees energy savings resulting from energy efficiency and sustainability projects.
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.
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.
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.
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.
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.
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
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 Verification Reports
- UtilitaaS+ provides regular energy savings verification reports to the client, showcasing the actual energy savings achieved compared to the guaranteed savings.
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.