Servetia empowers Swiss businesses with energy efficiency through servitisation

Servetia empowers Swiss businesses with energy efficiency through servitisation

Date

July 3, 2024

News

In today’s business environment, energy efficiency is crucial for unlocking the full potential of organisations. It not only offers significant cost savings but also boosts competitiveness and supports sustainable growth by promoting the circular economy. However, many companies face considerable obstacles when trying to adopt energy-efficient solutions, such as high transaction costs, lack of information for providers, and investment barriers for users.

This is where Servetia steps in, bringing together users, technology providers, and financing sources to overcome these market hurdles. Through these partnerships, Servetia accelerates the transition to energy-efficient solutions by offering tailored models that minimise investment burdens and make the adoption of cutting-edge technologies more accessible. For companies, operating expenses are a key factor in profitability, making energy efficiency a strategic opportunity.

 

By optimising energy consumption, companies can reduce costs, lower their carbon footprint, and work towards sustainability goals. Despite the clear benefits, uncertain returns from new technologies, high upfront costs, and competing investment priorities remain major barriers to investing in energy efficiency.

Servitisation applied to buildings in Switzerland: say grüezibonjour and bongiorno, to Servetia!

Servetia offers an innovative approach to overcoming these challenges through the application of the Servitisation model. The underlying model, known as “Product-as-a-Service”, and in the energy sector as “Efficiency-as-a-Service” (EaaS), shifts the focus from owning energy systems to using the services they provide (such as heating or cooling), without requiring capital investment. Solution providers retain ownership of the systems and take responsibility for their implementation, operation, maintenance, and upgrades. This arrangement frees companies from large upfront investments and the complexities of modern technologies, enabling them to benefit from clean, efficient systems through a simple usage fee.

Servitisation proves particularly beneficial when applied to energy-efficient systems, as it reduces operating expenses related to energy consumption. Beyond financial savings, the Servitisation model offers additional advantages: solution providers are incentivised to optimise performance and enhance customer satisfaction, leading to continuous system monitoring, reliable cost predictions, and detailed reports on energy usage and emissions reductions.

Companies often overestimate their actual need for heating, ventilation, and air conditioning systems, which can lead to inefficiencies. The Servitisation model allows providers to adjust the technology to actual usage, improving system flexibility and efficiency. This model offers significant benefits for both service providers and end users: increased efficiency, reduced risks, and enhanced customer experience. Moreover, it creates recurring revenue streams for providers and offers investors attractive ESG-compliant investment opportunities.

Servetia enables end users to access modern technologies while promoting and scaling climate-friendly solutions.

Servetia in Action

Over the past year, Servetia has built an extensive partnership network, bringing together solution providers (ranging from energy technologies to measurement and digitalisation), financiers, public institutions, and companies to unlock the full potential of Servitisation in Switzerland. With BASE’s extensive experience in Servitisation, Servetia has developed tools such as standardised contracts and financial analyses to support the implementation of this model. Additionally, Servetia has raised awareness and engagement around Servitisation through events such as Building Bridges and Showcase 2030, as well as through collaboration with the Solar Impulse Foundation.

Companies aiming to decarbonise their buildings, as well as providers of clean energy technologies interested in the Servitisation of energy-efficient systems, are invited to learn more about Servetia and join this initiative. Servetia offers tailored solutions to optimise energy consumption and foster sustainable growth.

To find out more about how Servetia can help your company, contact us at info@servetia-initiative.ch.

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