Simply put, Battery Energy Storage as a Service (BESaaS) enables businesses to get an energy storage system now without having to find the upfront capital needed to buy and install your battery - an investor will fund the project.
BESaaS contracts can be either, structured around a shared opportunity or with a lease purchase model:
Shared opportunity. The investor takes on any risks whilst you both share the financial benefits (revenue generation and reduced electricity bills) of the commercial energy storage system.
Lease purchase. The fixed monthly cost can be spread over a period of up to 10 years. Using this option, your payments are made quarterly in arrears and so potentially cash positive from the off.
Rock Clean Energy will introduce an investor to fund your battery energy storage system. Then, we carry out the project design, supply the battery, install & test your new energy storage system and we carry out the ongoing maintenance throughout its life - so that you can start to reap the rewards of energy storage sooner rather than later.