ESCO and deferred payment solutions.
WHAT IF?
- No upfront installation costs for the consumer
- No performance risk for the consumer
- Consumer savings in the cost of electricity
- No operation & maintenance responsibilities for the consumer
At Aspiration Cleantech Ventures, we provide comprehensive energy solutions tailored to your unique needs. Our Energy Service Company (ESCO) ensures you achieve significant energy savings while minimizing upfront investments.
Why Choose Our ESCO Services?
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Comprehensive Energy Audits: Our team of experts conducts detailed assessments to identify energy-saving opportunities in your facility.
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Guaranteed Energy Savings: We are committed to delivering measurable savings. If we don’t meet our savings targets, you won’t pay for our services.
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Turnkey Solutions: From project financing to implementation and monitoring, we manage every step of the process to ensure seamless execution.
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Sustainability Commitment: Enhance your corporate social responsibility (CSR) initiatives while contributing to a greener planet.
HOW IT WORKS!
AGREEMENT
Sign agreement with deemed savings by customer & ASPCV
DELIVERY
Delivery and Installation support by ASPCV
SAVINGS
Customer pays monthly savings to ASPCV
REPLACEMENT
O&M (including replacement) will be done by ASPCV
END OF AGREEMENT
After rental Tenure: Extend the agreement (or) purchase with residual pricing
BENEFITS TO CUSTOMER
- No Upfront capital investment
- Positive savings even after paying a % of accured savings
- No Maintenance cost
- No worries about the equipment failure
- Reduced energy demand in the planet
- Contributing to a green earth without any investment
Contract Details & Energy Savings Breakdown
| Option | Contract Duration (Years) | % Share of Energy Savings to the Customer | Buyback Value |
|---|---|---|---|
| Option 1 | 05 | 15-25% Per Year | Based on actual % sharing during the contract period |
| Option 2 | 07 | 25-35% Per Year | Based on actual % sharing during the contract period |
| Option 3 | 03 | 35-50% Per Year | Based on actual % sharing during the contract period |
Need Help?
FAQs
How does the ESCO provider guarantee savings?
Our ESCO model is built on a performance-based contract, meaning we only succeed when our clients see the agreed-upon savings. We conduct a thorough energy audit before project implementation to set realistic savings targets, and we use validated measurement and verification protocols throughout the contract period. This ensures accountability and transparency, giving our clients a clear view of actual savings achieved.
What if the project doesn’t achieve the expected savings?
As an ESCO provider, we begin each project by conducting a thorough assessment to present a clear, data-driven picture of anticipated energy savings. This upfront analysis ensures our clients understand the potential savings before any commitment.
How long do ESCO contracts typically last?
ESCO contracts generally range from 3 to 10 years, depending on project scope, technology type, and client requirements. This timeframe allows for gradual repayment through energy savings and ensures that clients experience substantial long-term financial benefits. The length of the contract is tailored to align with the estimated payback period and client preferences.
Who is responsible for maintaining the equipment?
We take full responsibility for the maintenance of all equipment under an ESCO agreement. Regular maintenance and monitoring are integral to our service to ensure optimal performance. Our maintenance team conducts scheduled inspections and adjustments, freeing clients from operational hassles and helping prolong equipment life while maintaining energy savings.
Can the ESCO model be used for renewable energy installations?
Absolutely. The ESCO model can be effectively applied to renewable energy installations, including solar, wind, biomass, and heat pump projects. This approach reduces upfront costs and allows clients to benefit from renewable energy technologies without bearing the initial financial burden. As the ESCO provider, we work to optimize renewable energy generation and align it with savings guarantees.
Can we integrate other renewable energy sources under the ESCO model, like solar or waste heat recovery?
Yes, our ESCO model is flexible and designed to accommodate multiple energy solutions. By integrating systems like solar PV, waste heat recovery, or energy-efficient heat pumps, we create a comprehensive solution that maximizes energy savings and sustainability outcomes. Clients benefit from a holistic approach that drives down energy costs and optimizes resource use.
How quickly can we see a return on investment with the ESCO model for heat pumps?
With our ESCO model, clients experience immediate cost savings without any upfront investment or maintenance burden. As we handle both the capital investment and ongoing operations and maintenance, our clients begin benefiting from reduced energy costs as soon as the heat pump is operational. The savings directly offset the service fee under the ESCO agreement, providing an immediate reduction in operational expenses. Typically, clients see a net positive financial impact within the first month.
What happens at the end of an ESCO contract?
FLEXIBLE Payment method
“Pay As You Save: Start benefiting from energy savings even before making payments. Our model allows you to utilize the savings generated from the project to cover the costs. With Flexible Terms, you can choose a payment plan that aligns with your budget, offering options from short-term to long-term financing. Plus, with No Upfront Costs, you can focus entirely on saving energy while we manage the financial details for you.”