business model

Rerun: Energy as a Service, with Bob Hinkle

Most current energy technologies burn fossil fuels and emit carbon dioxide, which contributes to global warming. Adopting low and zero-carbon technologies is one way to reduce emissions, but barriers such as high upfront and maintenance costs have impeded the adoption of these technologies. Energy-as-a-service (EaaS) arrangements make it easier for consumers to adopt energy-efficient technology. Under these arrangements, the EaaS provider provides the customer with an energy service, such as lighting, cooling, or heating, in exchange for a recurring fee. More energy efficient technology results in a lower carbon footprint.