DELAVAN, WIS.—Onsite Utility Services Capital (OUS Capital) has launched an energy efficiency upgrade program that requires zero capex budget and incurs zero debt. The program called Energy Savings as a Service (ESaaS) allows hospitality properties of every size to upgrade their existing energy infrastructure to modern, energy-efficient solutions—but without the typical up-front financial requirements typically associated with such a project.
“Smart hospitality executives understand the positive financial impact delivered by energy-efficient solutions,” says Fritz Kreiss, Founder and CEO of OUS Capital. “What has stopped so many of them from implementing those solutions in their own properties is the up-front investment requirements that can come with such a project. Energy Savings as a Service solves that problem in one simple solution, making energy efficiency easy.”
Through Energy Savings as a Service, an entire property can undergo a complete energy efficiency upgrade, using as many as a dozen modern and cutting-edge options. The entire cost of the upgrade project is fronted by OUS Capital, with the hospitality client paying for the upgrade costs out of the savings the upgrade generates. Most importantly, ESaaS is not a loan, so it does not attach as a debt on the client’s balance sheet.
“With the rapidly changing competitive landscape for effective ways to boost revenues, this is easily one of the most exciting profit-building solutions to come along for a hospitality business in a very, very long time,” said Kreiss. “Our team has built the most advanced hospitality energy efficiency upgrade program anywhere.”