A New Funding Solution for Energy Infrastructure Replacement
About this session:
Faced with rising utility costs, deferred maintenance costs, and limited CapX Funds, how is a Facilities Manager to reduce utility costs and replace, upgrade energy capital infrastructure (elevators, roofs, etc.)? A pioneering solution is emerging within the energy rehab industry, fueled by new cloud-based technology and innovative capital financing. The solution – a utility-based usage approach where a third party owns, operates, maintains and is responsible for the energy saving performance of the new equipment. The FM relies on the operating budget to a pay service fee; there is no debt. The result is a solution that addresses energy infrastructure replacement, savings scarce resources. Like utility services, the customer is charged only for the utility it uses.
1. Review an alternate approach to debt-financing or CapX to address infrastructure replacements.
2. Define the service approach compared to traditional infrastructure replacement programs