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Blockpower's Energy as a Service (EaaS) Offering

Blockpower is at the forefront of modern energy solutions, emphasising renewable energy and energy efficiency. Our Energy as a Service (EaaS) model revolutionises how residential estates, businesses, and shopping centres manage energy needs by removing the traditional barriers associated with energy infrastructure investments. Here’s an expanded look at what our EaaS offering entails and the benefits it brings to our clients:

How Blockpower’s EaaS Model Works

Installation and Maintenance:
  • Comprehensive Setup: Blockpower handles the complete design and installation of the energy systems, including solar panels, energy storage systems, and other relevant technologies. This ensures that the infrastructure is installed to the highest standards.

  • Ongoing Maintenance: We provide continuous maintenance to ensure that the systems operate at peak performance. This includes routine inspections, repairs, and updates, ensuring long-term reliability and efficiency.

Energy Management:
  • Real-Time Monitoring: Our advanced monitoring systems track energy production and consumption in real-time, allowing us to identify and address any issues quickly.

  • Predictive Maintenance: By using data analytics, we anticipate potential problems before they occur, reducing downtime and extending the lifespan of the equipment.

  • Operational Optimisation: We adjust and fine-tune energy systems to maximise efficiency and performance.

Savings and Benefits:
  • We Pay the Utility Bill: Blockpower will collect the prepaid metering payments through a metering agent and settle the electricity bill on the Body Corporate’s behalf.

  • Lower Carbon Footprint: By leveraging clean energy solutions, clients contribute to environmental sustainability and reduce their carbon footprint.

  • Enhanced Efficiency: Our expertise in energy systems helps clients achieve significant cost savings through improved energy efficiency and reduced operational costs.

Financing:
  • Eliminating Upfront Costs: Blockpower covers the costs associated with purchasing and installing the energy systems. This removes the barrier of large initial capital expenditure, making renewable energy solutions accessible to organisations with limited financial resources.

  • Flexible Payment Structures: Residents or tenants pay through a conventional prepaid meter which allows for predictable and manageable energy costs without any upfront investments.

The Blockpower EaaS process

Step 1 - Sign Up (Get in Touch)
  • Initiate contact with Blockpower to express interest or complete our residential estate application form.

Step 7 - Design Layout Review & Approval
  • Present design layout for solar placement (roof/carport) and battery room placement; approval required.

Step 2 - Collection of Data
  • Gather necessary information to understand your development's requirements and context.

Step 8 - Contract Review
  • Review contract; submit feedback within 7 days.

Step 3 - Pre-Approval Stage
  • You are notified that your estate is or not eligible for a Blockpower Investment.

Step 9 - SGM
  • 75% vote required, triggering contract signature.

Step 4 - High-Level Due Diligence
  • Conduct preliminary assessment to compile an offer.

Step 10 - Implementation
  • Commence implementation, typically ranging from 60 to 120 days based on project size.

Step 5 - Term Sheet and Exclusivity (Sent & Signed)
  • Signed Offer required; exclusivity period valid for 60 days.

Step 11 - Blockpower Operations and Maintenance
  • Blockpower oversees plant operations and maintenance throughout the contract.

Step 6 - Full Engineering & Financial Due Diligence
  • Request comprehensive documentation for detailed evaluation.

How it Works

During daytime solar energy generated by PV panels will power internal infrastructure supplying energy to houses. At night, batteries will remain charged, ready for use during peak tariff hours, high-demand periods, or during load shedding. In the event of load shedding the system will seamlessly transition to solar and battery power until utility supply is restored.

To maximise battery backup during load shedding all geysers will be switched off. The Energy Management System (EMS) serves as the central communication hub orchestrating the charging and discharging cycles of the battery, coordinating generator operation and optimising load distribution. It meticulously schedules each component's function, duration and energy allocation for maximum efficiency and reliability.

Benefits of Energy as a Service

Improved operational quality:
  • Reliability: Our proactive maintenance and management ensure that energy systems are reliable and perform at their best.

  • Efficiency: Real-time monitoring and optimisation lead to more efficient energy use, enhancing overall operational performance.

Greater financial and environmental sustainability:
  • Financial Flexibility: The predictable cost structure improves financial planning and stability.

  • Environmental Impact: The focus on renewable energy supports sustainability goals and reduces greenhouse gas emissions.

Improved risk management:
  • Reduced Risk: By managing and maintaining the energy systems, Blockpower absorbs the risks associated with technology performance and maintenance.

Increased transparency:
  • Detailed Reporting: Regular reports and insights into energy consumption and performance provide clients with a clear understanding of their energy usage and savings.

In Summary

Blockpower’s Energy as a Service offering transforms how organisations approach energy management by removing traditional barriers and offering a comprehensive, managed solution. Our expertise in renewable energy and energy efficiency allows clients to enjoy cost savings, operational improvements, and enhanced sustainability with minimal risk and no upfront investment. Our EaaS model not only supports financial and environmental goals but also provides a clear, manageable pathway to achieving energy efficiency and sustainability.

Frequently Asked Questions

What is the business case for the solar e.g. total cost, payback period, savings on monthly costs (total and for tenant/owner), monthly costs for tenants(current vs new), total cost of ownership?
  • Our solution means there is Zero Cost to the estate or tenants as the project is funded by Blockpower through a selected funder.

What effect will this have on the owner’s current costs?
  • Residents will continue to either pay as per the current costs or perhaps slightly less for electricity.

Who will manage the system? Will there be a monthly monitoring cost?
  • This is included in the Operations and Maintenance (O&M) fees which are included in the Energy as a Service (EaaS) Agreement. Blockpower is responsible for all the O&M.

How do we manage the maintenance for the system?
  • This is determined by the O&M agreement, which is drawn up to ensure that it addresses each development’s custom-built system and requirements. Systems are monitored 24/7 by our skilled technicians

Will all legal documentation, e.g. electrical compliance, etc. be provided?
  • Yes, all municipal by-laws are strictly adhered to and all Small-Scale Embedded Generator (SSEG) applications are completed by Blockpower. Certificates of Compliance (CoC) are issued for the system on completion. All documentation is then handed to the Body Corporate for safekeeping.

What are the contract terms?
  • Embarking on a 36-month commitment, which is renewed annually, the Eaas contract offers energy security and sustainability. We provide flexibility with buyout options available from year 3 onwards. Ensuring peace of mind and adaptability throughout our partnership.

How does our service generate returns?
  • As Blockpower, we specialise in investing in renewable energy projects, particularly focused on sectional title developments. Through the implementation of prepaid metering infrastructure, we distribute energy, ensuring a fair return on our investment. This is supported by our reputable international funders, who maintain a long-term outlook and commitment to investments in South Africa.

Are all compliance requirements addressed?
  • All installations will adhere strictly to the compulsory local regulations, ensuring full compliance with South African standards. Necessary certifications mandated by local authorities are integral to our investment scope, ensuring the plant’s alignment with all regulatory requirements.

What factors determine the best locations for solar panel installation?
  • To ensure maximum benefit and cost effective for residents, our plant designs are tailored to capitalize on the most optimal energy generation areas within the development, whether rooftops or carports, contingent upon geographical considerations. As part of our due diligence process, all rooftops under go structural assessments. In cases where rooftops are not deemed optimal, we install solar systems on carports, replacing existing structures with structurally sound infrastructure, again these costs are borne by Blockpower. This not only ensures the longevity of the solar system but also enhances the aesthetics. Before installation, approval for all equipment placement is obtained as part of the design approval process and lightning protection assessments and requirements are included in this offer.

What about a buyback option for solar installations in common areas?
  • If the Body Corporate, not the individual, has already invested in solutions for the common areas, Blockpower offers the option to procure these assets at a fair and mutually agreed upon rate. In our experience, the vast majority of sectional title developments cannot accommodate individual installations due to compliance restrictions and associated risks.

What about unplanned utility outages?
  • Despite meticulous planning, unforeseen events such as unplanned maintenance or disasters may lead to electrical outages. The EaaS Model accommodates the provision of a backup generator solution upon request to mitigate the impact of prolonged power failures. While our installed solution serves as the primary energy source, utility power serves as a secondary energy source. However, in the event of a long-term utility failure e.g. cable theft, damaged transformers, etc., reliance solely on solar and battery power may cause disruptions, diesel generator options are available, for which a diesel recovery tariff is applied.