Webinar: EIaaS

Learn what is driving leading companies to consider entering into a long-term Energy Infrastructure as a Service agreement to help improve their profitability while also helping reduce their carbon footprint. We'll explore how they plan to utilize this new frontier for outsourcing to help improve reliability, modernize systems, reduce costs and meet their sustainability commitments.


The session features George Plattenburg, Strategic Business Development, Duke Energy One and will be moderated by John Failla, Founder & Editorial Director, Smart Energy Decisions.


Topics include: 
  • Improving your infrastructure by removing single points of failure, replacing aged and inefficient equipment, and through re-designing your systems to meet current site needs.
  • Moving the traditional point of service boundary from the “utility meter” to “inside the plant” including energy conversion and delivery assets such as boilers, chillers, air compressors, and electrical switchgear.
  • Enabling variable air and water flow and maximizing “free” heating and cooling to unlock significant environmental impact reduction benefits. 
  • Creating a measurable, assured rate of return for re-investing in new strategic initiatives.
View WebinarSession recorded on Feb. 28, 2019
 

Frequently Asked Questions

  • Typically, leadership will come from someone who is willing to bring multiple stakeholders together to optimize the largest net value for the company. The person should be someone who can navigate the company’s internal decision-making processes and make certain that all necessary parties are engaged when and how they should be. Leadership may come from one of the stakeholders or from a senior leader who may experience several benefits from the project.
  • First steps should start with internal research to see if your company has outsourced any functional areas and whether the timing might be right to outsource infrastructure. If so, learn what basis those decisions are made upon and if the most senior decision-makers would consider this type of arrangement. Understand their measurements of a successful project proposal. The answers to these questions will help you to build your business case for Energy Infrastructure as a Service. The process for the first project can easily take 12 months or more once you have answers. After that any additional projects should move more quickly and smoothly.
  • Yes, Energy Infrastructure as a Service is an ideal solution for a new facility. The design and equipment ownership can be set up to maximize value for your business.  
  • Many ESCO services are performance contracts, where payments are tied to percentages of savings. As a rule, those kinds of contracts lend themselves well to entities with restricted access to capital and very long-term operating commitments like government facilities and public school districts or universities. The type of arrangement Duke Energy One is proposing is not a performance contract, and thus does not come with the same expensive and onerous measurement requirements and potentially argumentative basis for setting payments. The most typical differentiation will be in the ownership of the equipment. Typically, a pure ESCO will not own the equipment, but Duke Energy One will own the equipment with this type of project. 
  • This should begin with understanding and quantifying the impact to the business of the potential loss of any infrastructure that might be provided on an as-a-service basis. Beginning with that understanding, the service is often appropriately designed. Contract language can include liability language that is reasonable for both parties when appropriate. In the right situation this could be theoretically possible. In most cases, the determination of upside sharing and downside costs is often hard to predict for both sides. Ideally you want your agreement to have enough teeth in it to motivate the owner to maximize uptime, but not so onerous that cost of managing the uptime risk is higher than the true value of the uptime. Additionally, be wary of providers that are willing to make uptime guarantees that seem overly ambitious. This might be the first sign of a bad long-term partner.
Duke Energy Carolinas 
Duke Energy One is not the same company as Duke Energy Carolinas ("DEC"), and Duke Energy One has separate management; Duke Energy One is not regulated by the North Carolina Utilities Commission or the Public Service Commission of South Carolina or in any way sanctioned by the Commissions; Purchasers of products or services from Duke Energy One will receive no preference or special treatment from DEC; and
A customer does not have to buy products or services from Duke Energy One in order to continue to receive the same safe and reliable electric service from DEC. Nonpayment for these products or services may result in removal from the program, but will not result in disconnection of electric service. THIS MESSAGE IS PAID FOR BY THE SHAREHOLDERS OF DUKE ENERGY.

Duke Energy Progress 
Duke Energy One is not the same company as Duke Energy Progress ("DEP"), and Duke Energy One has separate management; Duke Energy One is not regulated by the North Carolina Utilities Commission or the Public Service Commission of South Carolina or in any way sanctioned by the Commissions; Purchasers of products or services from Duke Energy One will receive no preference or special treatment from DEP; and A customer does not have to buy products or services from Duke Energy One in order to continue to receive the same safe and reliable electric service from DEP. Nonpayment for these products or services may result in removal from the program, but will not result in disconnection of electric service. THIS MESSAGE IS PAID FOR BY THE SHAREHOLDERS OF DUKE ENERGY.

Indiana
These non-regulated utility products are not part of the regulated utility services offered by Duke Energy Indiana and are not in any way sanctioned by the Indiana Utility Regulatory Commission. Purchasers of these products will receive no preference or special treatment from Duke Energy Indiana in regard to their regulated electric service. A customer does not have to buy these products or services from Duke Energy One in order to receive the same safe and reliable electric service from Duke Energy Indiana. Purchasing such goods and services is completely at the customer’s discretion and similar products may also be available from other third party suppliers. THIS MESSAGE IS PAID FOR BY THE SHAREHOLDERS OF DUKE ENERGY. 

Ohio
These non-regulated utility products are not part of the regulated utility services offered by Duke Energy Ohio and are not in any way sanctioned by the Public Utilities Commission of Ohio. Purchasers of these products will receive no preference or special treatment from Duke Energy Ohio in regard to their regulated electric or gas service. A customer does not have to buy these products or services from Duke Energy One in order to receive the same safe and reliable electric or gas service from Duke Energy Ohio. Purchasing such goods and services is completely at the customer’s discretion and similar products may also be available from other third party suppliers. THIS MESSAGE IS PAID FOR BY THE SHAREHOLDERS OF DUKE ENERGY.

Kentucky
Duke Energy One is not the same company as Duke Energy Kentucky. Duke Energy One is not regulated by the Kentucky Public Service Commission. You do not have to buy Duke Energy One products or services (as applicable) in order to continue to receive service from the utility. THIS MESSAGE IS PAID FOR BY THE SHAREHOLDERS OF DUKE ENERGY.

Florida

Duke Energy One is not the same company as Duke Energy Florida ("DEF"), and Duke Energy One has separate management;  Duke Energy One is not regulated by the Florida Public Service Commission or in any way sanctioned by the Commission; Purchasers of products or services from Duke Energy One will receive no preference or special treatment from DEF; and a customer does not have to buy products or services from Duke Energy One in order to continue to receive the same safe and reliable electric service from DEF. Nonpayment for these products or services may result in removal from the program, but will not result in disconnection of electric service. THIS MESSAGE IS PAID FOR BY THE SHAREHOLDERS OF DUKE ENERGY.