Enjoy the benefits of efficiency and renewable systems without upfront costs or ownership responsibilities. Payments are based on delivered savings.
Overview
Help reach your goals with innovative service-based models.
Energy-as-a-Service (EaaS) solutions and other service-based offerings can limit upfront costs, helping provide a pathway to infrastructure improvements
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Performance-Based
Service-based procurement models like Energy-as-a-Service are structured so that you only pay for delivered outcomes such as energy cost savings, efficiency improvements, or sustainability results.
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Comprehensive Services
Your service-based procurement provider manages all aspects of the solution, including design, implementation, operations, and maintenance.
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No Upfront Investment
Avoid significant capital expenditures, paying instead through regular service fees (often tied to energy savings or usage).
Visualize your energy journey.
See how service-based procurement models can transform your energy infrastructure.
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Predictable Costs
Pre-determined monthly or annual contract fees make operational budgeting easier and more predictable.
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Off-Balance Sheet Flexibility
With provider-owned assets, you get the benefits of the improvements without the impact to your balance sheet.
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Reduced Performance Risk
Focus on your core business with financial and operational certainty, no surprise costs for breakdowns or maintenance.
Related Solutions
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Energy Savings Performance Contracting
Upgrade your facilities through an integrated funding and project implementation approach that focuses on producing future energy savings through high impact energy efficiency and infrastructure projects, eliminating the need for upfront capital costs. -
Navigate infrastructure and energy project funding with confidence. Trane helps you find the right solutions to support your carbon reduction and sustainability goals. -
Enhance building sustainability and resilience with Trane’s proven strategies for climate-ready, efficient, and compliant infrastructure.
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Advance your mission with Trane as your dedicated partner in creating lasting improvements for your people, facilities, and future.
Customer Stories
Learn how Trane Commercial helped other customers with their financing.
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Bristol Hospital upgraded its infrastructure with Trane, saving $454,888 annually, reducing energy use by 20%, and earning $1.1M in utility incentives.
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Vernon Hills Park District’s Solar Success Story
Vernon Hills Park District worked with Trane to install a 122.4 kW solar PV system, generating 70% of their energy needs and saving over 153,000 kWh annually. The project used a PPA to avoid up-front costs. -
Kaneland Schools' Renewable Energy Journey
Kaneland School District worked with Trane to install 1.89MW of solar PV using a PPA, saving 3.175GWh and reducing costs with no upfront investment, enhancing sustainability.
FAQs
Your frequently asked questions about service-based procurement, answered.
Energy-as-a-Service or Efficiency-as-a-Service (EaaS) is a pay-for-performance model where you pay only for the energy savings or output achieved—no upfront capital, and a third party manages and owns the equipment.
A third-party provider funds, installs, and maintains the efficiency improvements or renewable energy systems. You pay a service fee based on actual savings or usage, limiting financial and operational risk.
A power purchase agreement or PPA is a long-term contract where you buy electricity from a third party at a pre-determined guaranteed rate (typically, lower than your local utility rate), enabling you to access renewable energy without buying or maintaining the equipment.
You agree to purchase energy generated by a provider at a pre-determined rate, usually for 5-15 years, and can reduce your energy costs and improve sustainability with no upfront investment.
Connect with an expert.
Still not sure which solution is right for you? Connect with a Trane expert.
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