LIGHTING AS A SERVICE (Laas)
UPGRADE THE LIGHTING IN YOUR FACILITY WITH NO CAPITAL AND POSITIVE CASH FLOW
Brightcore upgrades legacy, inefficient lighting systems to state-of-the-art LED technology, while funding 100% of the project costs and providing positive cash flow to you from day one. Our comprehensive agreement includes all project execution services as well as ongoing system maintenance. Your only obligation is to make a monthly payment which is less than your projected savings.
You execute more business. You eliminate capital constraints and improve your own cash flow during material acquisition and project installation stages. You can provide a worry-free maintenance guarantee to your customer.
You are cash flow positive from day one and your facility receives an important sustainability and aesthetic upgrade with no capital out of pocket. In addition, you eliminate all lighting maintenance for the term of the agreement.
Brightcore pays 100% of the lighting project costs (materials and labor)
Brightcore provides 100% of all lighting maintenance for the term of the agreement
Client is cash flow positive starting day one
Client makes monthly payments during the term of the agreement
LIGHTING AS A SERVICE CASE STUDY: JETBLUE
A large domestic airline had their capital plans dramatically reduced due to the challenges associated with the COVID pandemic. However, the airline still had very aggressive operational improvement and sustainability goals to meet.
Brightcore upgraded over 7,000 legacy lighting fixtures to state-of-the-art LED lighting technology and advanced controls, resulting in a 65% reduction in energy usage from lighting and a significant improvement in aesthetics in the terminal – all with $0 investment from the client. The client is also eliminating all lighting maintenance costs.
The bottom-line impact is $2.4M of savings with $0 capital investment.