EESL has designed an innovative business model that is scalable, flexible, embraces different and emerging technologies, independent of public funding, and incentivises all stakeholders. Capable of delivering outcomes in a time-bound manner to enable more, it has the power to unlock demand in sectors where none existed. EESL can therefore drive large scale initiatives to create markets for disruptive solutions.
The business model:
Enabling smooth implementation of our programmes, we work on two specific models:
Under this model, EESL undertakes the entire upfront investment for the project, instead of relying on consumers or clients. The investment is recovered through periodic instalments which result from deemed energy savings over a mutually agreed-upon project period. Operation and maintenance of new equipment is the liability of EESL during the contract period. This can enforce effective product warranties to ensure minimal downtime due to equipment malfunctions
Under this model, EESL plays a role of project management consultant for project implementation. The upfront investment for the project in this model is borne by the client. It is a one-time payment cost of services offer for the energy efficiency projects