What is energy storage-as-a-service (ESaaS)?

Outcome based solution with zero-CAPEX commitment from customer. Energy Storage-as-a-Service (ESaaS) offers an off-balance sheet zero-capital solution for companies to reap the benefits of energy storage systems. The service-based contract mechanism can be aligned with company sustainability goals with define KPI’s and guaranteed outcomes.

What is ESaaS & energy service agreement?

Utilizing a ESaaS approach allows the company to focus on core business operations while taking advantage of Battery Energy Storage System (BESS) technology, with no CAPEX or debt. Energy Service Agreement model preserves debt capacity of the company and allows for capital to be reinvested into core growth initiatives.

How does ESaaS work?

The ESaaS system stores energy when the facility demand is lower than average and discharges the stored energy when the facility demand is higher than average. The result is a steady draw of electricity from the electricity grid and a lower monthly peak demand charge.

What is energy storage as a service?

Energy storage as a service (ESaaS) allows a facility to benefit from the advantages of an energy storage system by entering into a service agreement without purchasing the system. Energy storage systems provide a range of services to generate revenue, create savings, and improve electricity resiliency.

What does an ESaaS operator do?

The ESaaS operator is responsible for ensuring the ESaaS system is monitoring and responding to the facility’s needs as well as overriding commands to participate in regional incentive programs such as coincident peak management and demand response programs in real time.