LED Lighting as a Service

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.

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.

Every facility is a good candidate for LaaS. LED upgrades generate the highest ROI for facilities with long operating hours, non-LED lights, and a relatively high energy tariff. But if you plan to turn over your current lights within five years, then upgrading all at once with LaaS is a no-brainer.

Many of our clients were disappointed in the quality of their LED lighting and find themselves spending more on maintenance than they planned. Replacing your LED lights with ours will eliminate your maintenance costs and lower your energy consumption.

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.

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

We operate in Japan, Singapore, Spain, and the Philippines, and we can service customers in those countries with facilities across APAC and Australia.

We do offer our investment-grade lighting packages as a direct Capex purchase with supply & installation or just supply of lights and controls. Purchases are discounted from LaaS contract values. This option presents value for companies with green financing required to be deployed toward sustainability improvements, and for companies with restrictions on the length of service agreements they may enter.