UrbanVolt - Light as a Service

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Frequently Asked Questions

  1. General
  2. Financial
  3. Technical
  4. Installation and post-installation

General

Who is UrbanVolt?

UrbanVolt is an energy services provider which provides commercial premises with new lighting.

We upgrade these premises to LED lighting via our Light as a Service.

What is UrbanVolt’s Light as a Service®?

Businesses which need new lights often don't have the time or money to upgrade to LEDs.

So we help them via our Light as a Service.

What this means is that we take care of every aspect of a lighting project - the upfront cost, the project management, the installation, and the ongoing maintenance for 5 years.

As well as a fully upgraded site, we deliver our clients an immediate increase in cash flow and we are paid a proportion of these cash savings. At the end of the 5 years our clients own the lights and keep all the savings.

What exactly is included in UrbanVolt’s Light as a Service®?

Every aspect of an LED lighting upgrade from the product to the replacement of fittings.

We make all the capital investment, we project manage the installation and we maintain the lighting for 5 years.

Apart from providing us with information and meeting with us, our clients don’t have to invest any time or money into an LED upgrade.

And they also get to enjoy fully serviced lights for the duration of the term.

One call to us about a failed fitting and we come out and replace it with a completely new fitting, no haggles.

Our service gives our clients time to focus on their business as well as enjoy increased cash flow and improved lighting.

How is Light as a Service different to purchasing LED lights?

If you purchase LED lights, you are assuming all the financial, technical and operational risk.

Once you have purchased the lights, it is your responsibility to install and maintain them.

That is not the case with UrbanVolt's Light as a Service® as we take care of every aspect of a project, and it is our responsibility to replace any failed fittings over the 5 years.

Aren’t there lots of companies offering Light as a Service?

We have yet to find one.

If you're paying interest it's not Light as a Service, it is financed lighting.

So, how does UrbanVolt make money?

UrbanVolt are paid a proportion of the savings generated for 5 years.

This share is calculated and agreed in advance with you, the client, and is fixed for the duration of the 5 year term.

It is calculated on a case by case basis and covers the cost of the lights, the project management, the installation, the maintenance, the Munich Re insurance and our margins.

Our aim is to deliver you an LED upgrade and an increase in cash flow. If we cannot do that we recommend alternative options to you.

This sounds too good to be true?

Funnily enough, you're not the first one to think that!

But you don’t need to believe us. Check out our client testimonials here.

The fact is, the savings from our LED technology are so good that we are willing to make the entire investment for a share of the savings.

Who are your partners?

We are the preferred lighting provider for Bord Gáis Energy and their 33,000+ business customers.

SUSI Energy Efficiency Fund have committed €30million to fund UrbanVolt projects and Munich Re, the largest re-insurance company in Europe, insures our products and clients.

We’ve covered everything because we want to make everything easy for our clients.