In today’s business landscape, energy efficiency is crucial for unlocking the full potential of organisations. It not only delivers substantial savings but also enhances competitiveness and supports sustainable growth by fostering circularity. Yet, the journey towards adopting energy-efficient solutions is often hindered by significant barriers, from performance risk to the need for significant capital, amongst others. This is where Servetia steps in, employing the servitisation business model to transform how businesses access and benefit from energy efficiency.
Unlocking Business Potential Through Energy Efficiency
For businesses, operational expenses significantly impact profitability, making energy efficiency an important opportunity. By optimising energy use, companies can not only cut costs but also reduce their carbon footprint, align with sustainability goals, and prepare for future energy regulations. Despite the clear benefits, several barriers prevent widespread adoption, including the uncertain returns of new systems, high upfront costs, and investment priority conflicts. Moreover, the increasing complexity of modern systems necessitates specific expertise, often absent in-house, leaving many businesses unaware of the long-term benefits.
Servitisation applied to buildings in Switzerland: say grüezi, bonjour and bongiorno, to Servetia
Servitisation becomes particularly interesting when used for energy-efficient systems, reducing operational expenses related to energy consumption. On top of financial advantages, the servitisation model brings forward other perks. As the solution providers are inclined to optimise their performance to enhance customer experience, they closely monitor the systems, giving reliable forecasts of operational costs, reporting on energy consumption and emission reduction.
Interestingly, businesses often overestimate their HVAC needs, leading to inefficiencies. Servitisation enables providers to conveniently adjust the supplied technology according to actual usage, enhancing system fit and flexibility.
This model therefore offers advantages for both service providers and consumers, including increased efficiency, reduced risks, and improved customer experience. It also opens up recurring revenue streams for providers and investment opportunities in ESG financing portfolios for financiers.
Through collaborative efforts by the BASE Foundation, E4S, and Fondation Valery, Servetia hence facilitates and makes accessible these state-of-the-art technologies, providing win-win situations that end up benefiting and scaling climate-friendly solutions.
Servetia in Action
Over the past year, Servetia has cultivated a partnership network including solution providers (from energy technologies to measurement & digitalisation), financiers, public institutions, and businesses to exploit servitisation’s full potential in Switzerland. Leveraging BASE’s extensive experience with servitisation, Servetia has developed tools like standardised contracts and financial analyses, aiding the adoption of this model. Additionally, through events like Building Bridges and Showcase 2030 and collaborations with the Solar Impulse Foundation, Servetia has increased awareness and engagement around servitisation.
Join the network of adopters!
Businesses looking to decarbonise their buildings and providers of clean energy technologies interested in exploring servitisation are invited to join Servetia. This initiative offers tailored solutions to optimise energy consumption and foster sustainable growth. To learn more about how Servetia can benefit your business, contact us at info@servetia-initiative.ch.