Pinergy and eLight focus on driving energy efficiencies for student accommodation sector.

Smart energy provider Pinergy has joined forces with light-as-a-service (LaaS) player eLight to focus on serving the student accommodation sector.

The new proposition, targeted at student accommodation owners, means that when they sign up with Pinergy, which provides 100pc green electricity, they will have the ability to access fully-funded LED lighting retrofit for LaaS with a loyalty bonus the longer they stay with Pinergy.

“The cleanest energy is the energy you don’t use”

This provides them with the benefits of green energy as well as control and oversight of energy usage in individual accommodation units.  

Pinergy’s collaboration with eLight is designed to ensure businesses, schools, commercial property owners and facility management specialists can easily switch to LED lighting for a fixed monthly service fee, avoiding any upfront payments.

If the energy savings are greater than the monthly service fee, this allows them to unlock free cash flow from day one as well as to improve the quality of their lighting and reduce carbon emissions.

Achieving sustainability goals

“We know that lowering energy costs is particularly important for student accommodation providers in the current environment,” said Jon Jerromes, head of Sales at Pinergy.

“We’re delighted to be able to offer this fantastic solution which delivers significant savings on lighting along with a reduction in carbon emissions. It’s good news for the accommodation owners, and indeed for their student tenants and their parents, in moving towards a more sustainable future.”

Jerromes said that Pinergy customers can typically benefit from up to 65pc saving on energy use, playing a substantial role in addressing corporate sustainability goals.

Pinergy and eLight will be offering free audits for Student Accommodation owners to assess their energy needs.

“With Covid-19 impacting on businesses, there is pressure to reduce costs,” said Brian Morgan, energy efficiency consultant at eLight.

“It is rare that paying less can deliver an improved product, Light as a Service from eLight will do this. Not only will LED lighting help deliver better margins, it will add to the sustainability of your building, an important selling point to students and environmentally conscious consumers. The cleanest energy is the energy you don’t use.”

Written by John Kennedy (john.kennedy3@boi.com)

Published: 22 July, 2020

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