Frequently Asked Questions (FAQ)
What is potential energy saving by implementing energy monitoring and targeting?
Most businesses would be able to identify quickly by implementing smart energy monitoring solution achieving easily at least 10% saving in power consumption
What is the initial investment cost in carrying out energy monitoring ?
Typically, a business would go through a proof of concept study where a in-principle approval to start a trial of energy monitoring and targeting. Energy monitoring hub and software would be installed at a particular site monitoring energy usage pattern & using our intelligent software to alert any anomalies. Trial study cost can range from a few thousands to tens of thousands depending on number of monitoring points and government funding available.
How to Unlock Hidden Energy Saving Potential for Customers?
Enable customers to visualise how much energy wastage ain their premises with real-time alerts to motivate building occupants to change
Review operational procedures and optimise machinery & equipment control leveraging on precise itemised energy data gathered using our state of art edging computing energy analytical software
Highlighting strong business case for energy retro-fitting or energy saving technologies with proven saving results
What are the energy saving models deployed by clients?
For small businesses where energy consumption is small where energy saving in thousands of dollar per year have been identified, customers would likely to invest upfront with payback usually in 2 years. Government funding can be applied to reduce in the investment cost.
For larger businesses where energy consumption is large and energy saving can be verified to be in tens of thousands or more per year, customers can have the option of zero capital outlay and risk in implementing the energy saving solution either:
a) Shared Savings: Clients co-shared the savings with Energieserve/3rd party financing over a period of time; or
b) Prepaid Savings: Clients received upfront payment of the verifiable savings. Energieserve/3rd party financing received payment on the savings over a period of time.
(Note: Shared savings or prepaid savings are subjected to risk assessment and approval by the funding providers)