How It Works
- Step 1 — Assess: We evaluate your site, load profile, and current energy costs (EDL/EDZ/generators).
- Step 2 — Design & Proposal: We deliver a technical plan and a clear electricity rate proposal showing expected savings (typically 15–25%).
- Step 3 — Build (Nova Volt Funds It): Nova Volt supplies and installs the system at no upfront cost.
- Step 4 — Generate Savings : You purchase electricity from Nova Volt at the agreed rate. Nova Volt operates and maintains the system.
- Step 5 — Transfer After 2 to 10 Years: At the end of the term, the system becomes your property for free.
What’s Included
- Engineering and sizing based on real consumption
- Full installation and commissioning
- Safety and quality documentation
- Operations and maintenance during the term
- Performance responsibility under one provider
- Ownership transfer after 7 years
Benefits
- No CAPEX barrier: upgrade energy infrastructure without upfront investment.
- Lower cost per kWh: typically 15–70% cheaper than current blended cost.
- Single accountable partner: one provider designs, builds, operates, and maintains.
- Predictability: clear agreement terms and operational responsibility.
- Free ownership after 2 to 10 years.
Who It’s Best For
- Facilities with significant generator dependence
- Sites with high monthly consumption
- Operations that need reliability and predictable cost
- Businesses that prefer to preserve capital for core operations