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Shared Savings Program

Install Ecogate & Pay 40% With Your Savings

If an Ecogate customer wants to preserve cash flow yet still take advantage of the savings that an on-demand system brings, we are pleased to offer a deferred payment solution, subject to the following requirements - ​

  • Engineered proposal is necessary.

  • Engineered proposal must show a payback of 40 months or less

  • 30% of the total project value is due with the PO issue

  • 30% of the total project value is due upon hardware receipt at site

  • Engineering, Commissioning & ecoCARE fees are due separately

  • Post-commissioning savings sharing calculated monthly

  • Facility to be enrolled in ecoCARE PLUS for duration of program

  • 60% of electricity cost saved goes to the Customer  & 40% to Ecogate

  • GBMBase reports are the source document for the savings calculation

  • Local cost of electricity is maintained and updated as necessary

Fine Print

  1. Cost baseline to be established at the point of commissioning and at least annually thereafter for the duration of the program. 

  2. Baseline to be recalculated any time there are material changes made to the operating system.

  3. Facility to remain in AUTO mode for the duration of the program

  4. Facility to receive no less than 1 visit annually by an Ecogate representative to fine-tune system performance. The cost for the onsite visit is covered by ecoCARE enrollment.

  5. Ecogate monthly GBMBase reports are the source of the sharing calculation

  6. Engineering, Commissioning & ecoCARE fees are invoiced and due separately from this program

  7. If the Customer wants to withdraw from the program, the amount owed is calculated as 75% of the savings shared subtracted from the 40% of the total project value originally calculated. If 75% of the savings exceeds the 40%, the customer can withdraw from the program on 30 days' notice with no additional fee.

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