SavENow: SolarBlue makes saving energy now simple.
Implementing a new energy savings plan with SolarBlue is FREE and requires no upfront costs from the client. Our SavENow business model offers three different options: a contract with 100% funding for the project with shared savings, participation in a power purchase agreement, or outright payment for the proposed project. In addition to our FREE energy plans, we save our clients millions of dollars over the contract period.
Option A: Shared Savings
We will perform the energy audit, purchase and install all necessary equipment, maintain the equipment and provide product and service measurement tools and techniques appropriate for each individual client. We also provide all upfront capital costs for the proposed project. Through an energy services agreement, we share in the energy savings over the course of the contract term. As energy costs rise, you benefit from the additional savings.
Option B: PPA
With a Power Purchase Agreement (PPA), SolarBlue provides financing, design, permitting, construction, installation, maintenance and system monitoring for the approved plan. Net metering is also used to measure the amount of power sold back to the grid. The PPA option is a 15-25 year agreement to purchase power from SolarBlue. We provide a full service guarantee throughout the contract period.
Option C: Outright Purchase
SolarBlue also offers our clients the opportunity to purchase the turnkey energy solutions program outright. In this model, we assist the client in capturing all rebates, incentives, and carbon credits related to the project. This model ensures the client a payback on investment of less than six years, or otherwise negotiated.