No capital expenditure. The district pays nothing up-front for the LED lighting or the monitoring hardware. The funder carries the project cost.
Power OnGet Started
Case study · Eniscope
A US school district saves $8m a year on energy, at no cost to the district
The single biggest energy project secured by a Best.Energy partner, built on a prepaid energy-savings model.
- Hillsborough County Public Schools
- K-12 education
- Florida, USA
$8m
projected yearly energy savings
- $8m
- yearly energy savings by current projections
- 1,000+
- Eniscope monitoring devices installed
- $500m
- gross project value
- 15–20%
- energy savings achieved so far
Brief overview
A $500m project the district never had to pay for
The $500m project value is striking, but perhaps even more impressive is the model being offered to the client, a US school district, to make it happen.
For the district there are a number of attractive features to that model. They have no capital expenditure at all. They don't have to handle maintenance for the new technologies. And, perhaps best of all, the funder, Generate Capital, pays them up-front a portion of the projected energy savings at each stage.
The project
290,000 new lights, and counting
To date, this is the single biggest energy project secured by a Best.Energy partner. It is a remarkable achievement, and one that has Eniscope at its heart.
The project involves several phases of LED lighting installations, providing substantial energy bill gains as well as much improved quality of light for the students inside. At the time of writing this stretches to 290,000 new lights across the school district, with many more in the pipeline, at absolutely no cost to the client.
The model
How prepaid energy savings work
No maintenance burden. Maintenance of the new technologies is handled for the district, not by it.
Savings paid in advance. Generate Capital pays the district a portion of the projected energy savings up-front at each stage of the programme.
Verified by real-time data. Every projection rests on an itemised, real-time Eniscope benchmark that the district, the partner and the financier all rely on.
The role of Eniscope
A benchmark everyone can trust
Eniscope's first role is at the start of the project, before anything has been installed. Using accurate, itemised, real-time data from the Eniscope platform, an energy consumption benchmark is set. The data is so reliable that this figure is implicitly relied upon by all parties to the agreement: the district, the Best.Energy partner and the financier.
Once the project is underway the Eniscope devices remain in place, providing a constant flow of real-time data on energy consumption. That helps the client identify and verify new ways to save energy over the length of the contract, and even helps with preventative maintenance: Eniscope's alarms are used to identify faulty equipment remotely and guide engineer visits.
The results
Around $8 million a year, and still growing
By current projections, Hillsborough County Public Schools stand to save around $8 million per year on their electricity budget. With more new measures in the pipeline, still at no cost to the district, this could grow considerably.
Naturally, more school districts in the USA are acutely interested in this model, and negotiations are underway to roll it out deeper into the country.
What the future holds
The go-to model for school districts
Following the success of this project, Best.Energy are working directly with Generate Capital and their service engineers, McKinstry, to facilitate further opportunities within the many school districts that wish to benefit from this offering.
Best.Energy, with Eniscope and its supporting suite of products, continue to service Hillsborough and are now the de facto providers for this opportunity. The prepaid energy-savings model continues to ensure that clients receive a share of the savings the technology creates, up-front.
Find the energy waste in your business
Request a complimentary energy waste assessment. We review your utility spend and your facility, then show you where the savings are.
Request an assessment