Efficiency-as-a-Service (EaaS) can create immediate electricity and cost savings without upfront capital investment. Using AT&T Internet of Things (IoT) connectivity, EaaS providers can accurately measure and model the energy savings that companies can realize through implementation of energy-efficient technologies. That information helps EaaS providers generate immediate electricity cost savings for their users, while also allowing them to pay for the installation of the technology over time. AT&T’s typical office building achieved energy savings of over 500,000 kWh each year with EaaS. If this solution were deployed at 1,000 similar office buildings across the US, it could contribute to annual carbon savings of almost 280,000 metric tons CO₂.
AT&T IoT connectivity makes the invisible visible by helping EaaS providers accurately quantify the energy efficiency of the new equipment, allowing customers to see and get the benefit of those savings without incurring large upfront costs and waiting months or years for savings to prove out. As of the end of 2017, the EaaS program enabled AT&T to reduce electricity consumption in 647 facilities that produced almost $20 million of annual avoided electricity utility payments, and reduced electricity usage by 183 million Kwh. That’s the equivalent of over 97,500 metric tons of CO₂e.
To learn more: