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Our unique event delivers qualified connections, up-to-date information, and real-world inspiration to energy, sustainability, and facility professionals pursuing emissions reduction targets. Held twice a year, Net Zero Forum is produced by Smart Energy Decisions—the first digital resource dedicated to addressing the information needs of large power users. Learn more here
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Smart Energy Decisions Energy-as-a-service (EaaS) is a business model whereby customers pay for an energy service without having to make any upfront capital investment. EaaS models usually take the form of a subscription for electrical devices owned by a service company or management of energy usage to deliver the desired energy service.
This issue brief explores how the EaaS model has benefited consumers by promoting advanced technology and its potential for expanding the deployment of low-carbon technologies.Energy-as-a-service (EaaS) is a business model whereby customers pay for an energy service without having to make any upfront capital investment.
EaaS models usually take the form of a subscription for electrical devices owned by a service company or management of energy usage to deliver the desired energy service.
This issue brief explores how the EaaS model has benefited consumers by promoting advanced technology and its potential for expanding the deployment of low-carbon technologies.Low-carbon energy technologies exist but have faced barriers to widespread adoption. Policies that address the environmental externalities of energy use, such as a carbon tax or a cap-and-trade program for carbon emissions, can help encourage the deployment of low-carbon technologies.
However, even with a climate policy in place, other market barriers—high upfront technology costs, capital constraints for consumers, information barriers, and uncertainty about a technology’s performance—can still prevent widespread adoption (Iyer et al. 2015). Consequently, additional measures may be necessary to increase market adoption of low-carbon technologies. One possible solution is the energy-as-a-service model.
