How Lighting as a Service Works

We upgrade your facilities with investment-grade Japanese LED lighting with no CapEx. Only pay an all-inclusive monthly service fee that is less than your energy savings alone.

We Invest So You Don't Have To

Why invest in lights when all you want is energy-efficient light? We cover 100% of the costs of the lighting upgrade and recover our investment with a fixed monthly service fee over a period of five years. We benefit from reliable long-term returns and you benefit from an asset-light, more energy-efficient facility with none of the hassle associated with purchasing and maintaining lights. We're able to scale LaaS for thousands of customers because we've engineered our LED lights specifically for this model - to be 30% more efficient than commercial LEDs and practically defect-free.

All-Inclusive Service Agreement

Leave all your lighting maintenance to us and say goodbye to 100% of the cost of replacements, stocking, and staff time. The lights we install remain ours so constant operation of the lights is our responsibility. With over 5 million lights in service today, we work hard to minimize the need for replacements. But when necessary, we replace a light in less than a day - three if a lift is required. We cover colour shift, flicker, and drop in brightness of 30% or more during the service period.

Fixed Monthly Service Fee

Facilities on fixed schedules allow for easily estimating energy usage and savings during a five-year period. We work with your facility management staff to understand usage and we conduct a thorough survey to propose a LaaS solution. We automatically set the fixed monthly service fee to our lowest required return, to maximize your instant ROI and you don't pay any more than necessary. We do not "share" your savings. There are no other charges and you never pay anything other than the service fee.

Instant ROI

Since our service fee is less than your energy savings, and your first payment is only one month after the installation is completed, your Centropi LaaS generates instant positive cash flow from the start. Customer monthly ROIs range from 18% to 100% depending on facility profiles. That's instant return with no payback period. As a bonus, consider your 100% maintenance savings as additional instant return on your Centropi LaaS.

Best-Fit Facilities

Facilities with the greatest potential for savings have long, fixed operating hours, inefficient lighting, and a high energy tariff. But even facilities that have recently installed LED lights may save an additional 30% with Centropi LaaS if operating hours are long and energy cost is high. Industrial, logistics, hospitals, and hotels tend to generate the highest instant returns, but office buildings, retail, and educational facilities can benefit under the right conditions.

Long, Fixed Operating Hours

A facility that operates longer than 12 hours per day has the best chance to qualify for LaaS. Having fixed hours make it straightforward to predict savings and set the fixed fee for five years

Inefficient Lighting

Fluorescent, halogen, and metal halides have the greatest potential for savings. But even LEDs can be upgraded to our LEDs with savings.

High Energy Tariff

Other than the before-and-after wattage difference, energy cost is the biggest driver of dollar savings. Tariffs as low as US$0.12 per kWh can make a facility viable for LaaS.

The Process

We work with your ops team every step of the way to expedite your project and get you to positive cash flow as quickly as possible.

Analysis & Proposal

Our technicians work with your facility management team to collect information on your current lighting, operating hours, and energy tariff. Within a week of a thorough survey, we submit a proposal for management review. When approved in-principle, we install a product mockup to verify the calculated savings % and validate our model.

Installation

To ensure quick and painless delivery, we partner with local installation contractors with excellent project management and safety records. Installation can begin 4-6 weeks after signing the service agreement.

Instant Savings

Your first payment is due one month after we complete the installation, so you generate positive cash flow even before your first payment.

Frequently Asked Questions

How is the monthly service fee set?

We set the fixed monthly service fee to generate the minimum required return on our investment. In contrast to Energy Performance Contracting models, we do not "share" your savings. When you save more, our fee stays the same because we're happy generating our minimum return. This maximizes your ROI and avoids the need for monthly audits for thousands of facilities, in turn simplifying our operations and allowing us to set a lower monthly fee.

Although we're unable to guarantee a dollar amount you will save every month, we do guarantee the wattage of our lights for the duration. This allows for accurate calculation of the savings factor, the % savings generated. So for facilities with fixed operating schedules, a thorough survey of your lights allows us to estimate your current energy usage and LaaS savings for the next five years with reasonable accuracy.

What does the "all-inclusive" service fee cover?

Every aspect of operating and maintaining the lights is our responsibility, so there are never any additional charges. We cover the cost of site surveys, consulting, product/hardware/controls, labour & equipment for installation and maintenance during your service agreement. Apart from the fixed monthly fee, you only have to pay your (smaller) electricity bill.

Is my facility a good candidate for LaaS?

Ideal facilities have long, fixed operating hours, non-LED lights, and a relatively high energy tariff. But if your facility fits two out of three criteria, it may be a good candidate for LaaS. Let's find out over a quick chat.

Will LaaS work for a facility recently fitted with LED lights?

Perhaps. If you've recently installed LED lights but your facility runs long hours and you pay a relatively high energy tariff, Centropi LaaS may be an option.

Because our lights are about 30% more efficient than commercial-grade LEDs, it may be possible to structure your LaaS to generate instant positive return - monthly cash that can be used to pay back your previous investment faster or deployed where it can generate a higher return.

Is it possible to end the agreement early?

If you need to end the agreement for any reason, we offer the option to terminate early for 80% of the remaining value of the contract. This may be useful for divested properties or asset portfolios with holding periods shorter than five years.

What happens to the lights after the service agreement?

During the service agreement the lights remain ours, but we reserve the right to abandon them in-place once the contract expires.

What countries does Centropi operate in?

We have operating partners across APAC with the ability to install and maintain large portfolios in Singapore, Thailand, Vietnam, Myanmar, India, China, Hong Kong, Macau, the Philippines, Australia, and Japan.

If you're an electrical contractor with an excellent record for safety and project management and a history of large, complex lighting installations, Do get in touch, we'd like to explore a partnership.

Still have unanswered questions? Get in touch