New Model Aids Swiss Companies in Cutting Energy Costs

ESG HUB > News > ESG News > New Model Aids Swiss Companies in Cutting Energy Costs

New Model Aids Swiss Companies in Cutting Energy Costs

Posted by: Baris Karapinar
Category: ESG News

In Switzerland, the Servetia initiative, launched by the Basel Agency for Sustainable Energy (BASE) in collaboration with the Enterprise for Society (E4S), is paving the way for businesses to boost their energy efficiency. This innovative approach, supported by the Fondation Valéry, encourages companies to use energy services rather than owning the systems outright. Known as Energy Efficiency-as-a-Service (EaaS), this model focuses on providing essential services like heating and cooling without requiring companies to invest in the infrastructure themselves.

The initiative underscores the significant impact of energy costs on business profitability and highlights the benefits of optimizing energy use. By adopting this model, businesses can lower their expenses, reduce their carbon footprint, and align with sustainability objectives and upcoming energy regulations.

Servetia offers a seamless transition to energy-efficient practices by maintaining ownership of the energy systems, handling their implementation, operation, maintenance, and upgrades. This strategy not only facilitates access to the latest technologies but also leverages BASE’s expertise to develop tools for implementing the servitization model effectively.

Over the last year, Servetia has established a network including technology providers, financiers, public institutions, and businesses to maximize the servitization model’s benefits throughout Switzerland.

Link to the news source

Leave a Reply