FAQ
Frequently Asked Questions
We understand that several characteristics of the Cooling as a Service model might raise questions despite the documentation, which is why we decided to prepare this Frequently Asked Questions page. These questions were collected from questions we received from participants in events, webinars, and workshops. Should you have additional questions, please do not hesitate to reach out to us and we might also publish your question on this page.
1.
How does CaaS encourage the use of more efficient cooling equipment?
2.
Who is the owner of equipment in the CaaS model?
3.
What is the difference between an EPC (Energy Performance Contract) and CaaS?
4.
How long are CaaS contracts typically?
5.
Who is responsible to pay for the electricity costs?
6.
How do you protect the provider from fluctuations in electricity price?
7.
How do you meter cooling consumption for billing?
8.
What part of the equipment is included under CaaS: is it only the chiller or also components such as piping and air handling units?
9.
Is it possible to integrate passive cooling in a CaaS solution, as well as other additions such as thermal storage or the use of residual heat to provide hot water?
10.
What if the load remains lower than expected for extended periods? Is the billing purely on cost per TRH or is there also a fixed component?
11.
How can the CaaS agreement be off-balance sheet to the cooling user?
12.
What is the scale we are looking at for implementing CaaS, and is it applicable to the residential sector?
13.
What is the CaaS toolkit?
14.
Did you perform a detailed economic analysis of the CaaS model compared to Business as Usual and does the end-user really save on operating costs?
15.
The CaaS model was endorsed by the Global Innovation Lab for Climate Finance in 2019. What does this mean?
16.
How does CaaS position itself during the COVID-19 situation?
17.
How is the COVID-19 situation impacting the CaaS Initiative?