What Is Energy as a Service?

The energy industry faces many challenges that affect the way electricity market operators deliver power to their customers. Market operators must maintain resiliency to manage the risk of high-impact disruptions — and reliability to deliver power continuously and without interruption.

The complexities of energy transition processes mean energy market professionals need to be prepared for any challenges they face. Foley, Inc. helps you transition with energy as a service.

What Is Energy as a Service?

EaaS refers to products and services that protect your downside by managing your operations and hedging your risk. At the same time, EaaS enables your upside potential by avoiding costs and monetizing assets. EaaS allows you to consume energy at little to no cost to your business.

How Does Energy as a Service Work?

EaaS begins with our professional technicians installing an energy solution at your site. This energy solution can be a renewable energy source or an electric power asset, like diesel or gas gensets. Though these solutions exist at your site, a third-party investor owns, services and maintains them for you.

What Are the Benefits of Energy as a Service?

Energy as a service offers several advantages for your company, including:

• Energy savings: The on-site asset helps your business reduce energy use. You can get by with as little as possible without sacrificing your operations.
• Increased income: Your genset or renewable energy source can serve as an additional income stream for your company.
• Reduced energy risk: EaaS reduces energy risk since another party owns the power generation assets.
• Compliance with emissions standards: Depending on the energy mix you use, EaaS can help you achieve your sustainability goals.
• Emergency backup: A resilient energy solution acts as an emergency backup if your primary power source is unavailable.

Our Energy as a Service Offerings

Explore the primary EaaS solutions available at Foley, Inc.

Cat^® AMP

As capacity and transmission charges continue to increase, energy companies have an opportunity to monetize their assets through economic dispatch and other programs. Cat^® AMP is a proprietary innovative software from Caterpillar that helps companies save on energy costs.

This distributed energy resource management software is installed with your power generation assets to monitor energy market conditions. Cat AMP automates peak shaving, ancillary services and demand response programs by predicting opportunities to reduce energy costs. When power consumption is high, the software dispatches on-site distributed energy resources to reduce your reliance on the power grid.

EaaS Products

Our EaaS services and products include:

• Traditional equipment like storage units, automatic transfer switches, switchgear and gensets
• Renewable energy applications
• Switchgear and paralleling controls
• Hybrid microgrid solutions
• Advanced solutions like microgrids, financial services, and combined heat and power
• Renewable liquid fuels
• Battery energy storage systems

Contact Foley, Inc. Today to Learn More

Foley, Inc. has worked with professionals in various industries for over 50 years. We are proud to help our energy customers in New Jersey, eastern Pennsylvania, northern Delaware and Staten Island navigate the challenges of an ever-changing industry.

Choose Foley, Inc., as your energy-as-a-service company. Contact us to learn more about our EaaS products and services.