Energy as a service (EaaS) is a business model that allows customers to outsource their energy needs to a third-party provider. In this model, the energy provider takes responsibility for the design, installation, and maintenance of energy infrastructure, such as solar , gas to power, micro-grids, backup solutions with batteries ,energy storage systems, or any other equipment needed to generate, distribute, and manage energy. THE DRIVER IS TO REDUCE THE COST OF ENERGY AND PROVIDE RELIABLE ENERGY.

The customers pay a regular fee or a performance-based contract for the energy services provided by the EaaS provider. The goal is to provide customers with reliable and affordable energy while reducing their operational costs and environmental impact.

EaaS providers can offer a range of energy-related services, including energy management, energy efficiency, renewable energy, demand response, and grid services. By leveraging advanced technologies such as the Internet of things (IoT) and artificial intelligence EaaS providers can optimize energy use, predict energy demand, and manage energy supply and storage.

Overall, the EaaS model aims to provide customers with a turnkey solution for their energy needs, allowing them to focus on their core business while reducing their cost of energy , their carbon footprint and contributing to a more sustainable energy future.

IQ3 offers extensive experience in technology selection, engineering, project development and owners engineering.