Our Shared Energy Savings Program: A Better Approach to Energy as a Service
Our shared energy savings program covers your entire upgrade cost upfront, with monthly payments guaranteed to stay below what you save in energy.
How the Shared Savings Program Works
Ryan Lighting delivers energy efficiency financing built specifically for lighting upgrades with no loan application, no lease, and no equipment left in someone else’s name once it’s paid off.
We Establish Your BaselineOne of our technicians documents your current fixtures, wattage, and hours of use during a free assessment, which becomes the baseline your future savings are measured against.
We Calculate a Payment Below Your SavingsBased on that baseline, we build a payment schedule guaranteed to stay below your projected LED lighting energy savings each month, so cash flow stays positive from day one.
We Install With No Money DownLicensed electricians handle the full upgrade, and the entire project cost is covered upfront through the program, so there’s nothing to pay before work begins.
You Own the System, Free and ClearOnce the program is paid off, ownership of the system transfers to you completely, along with 100% of the energy savings going forward.
Case Study
How Sun Auto Upgraded 10 Locations With Zero Upfront Cost
When California’s fluorescent ban made an upgrade unavoidable, Sun Auto used the Shared Savings Program to get it done without paying anything upfront.
The Problem
Rising energy costs and aging fluorescent systems were becoming harder to maintain across Sun Auto’s California locations, and under the state’s AB 2208 fluorescent ban, replacement parts were being phased out entirely. Reduced lighting levels were already affecting visibility, safety, and the customer experience at multiple sites.
The Solution
Through the Shared Savings Program, we replaced fluorescent fixtures with new LED systems across 10 locations in a single year, with nothing paid upfront and monthly savings that exceeded the payment from day one.
The Results
The $230,400 combined project delivered about $125,000 in annual energy savings, a payback period of roughly 24 months. Lighting levels increased more than 70% at several locations, and Sun Auto is projected to save $1.25 million or more over the next 10 years, all without a single dollar paid upfront.
FAQs About Our Shared Energy Savings Program
How is the Shared Savings Program different from Lighting as a Service (LaaS) or Energy as a Service?
Search for “lighting as a service” or “energy as a service” and most of what comes up is a subscription: you get a lower energy bill, but the company keeps ownership of the equipment and a share of your savings indefinitely.
Our Shared Savings Program is structured differently. Once your payment schedule is complete, the system and every dollar of savings going forward belong to you, not us. That’s the real difference between our LED lighting financing and a typical lighting-as-a-service subscription: this one ends, and when it does, everything is yours.
How long is the Shared Savings Program contract term?
The Shared Savings contract term is flexible and built around what works best for your business. Rather than locking you into a fixed timeline, Ryan Lighting works directly with you to structure a payment schedule based on how long you’d like to finance the retrofit.
A typical project is usually around 24 months, though because your monthly energy savings are designed to exceed your monthly payment, the term can be adjusted to fit your priorities, whether that means paying it off faster or spreading payments out over a longer period for maximum monthly cash flow.
During your free lighting assessment, we’ll walk through a few different term options so you can choose the one that makes the most sense for your business.
Are there credit or qualification requirements to participate?
No. There is no credit check or qualification requirement to participate in the Shared Savings program.
We still believe in doing business based on mutual trust, and when we enter into a Shared Savings agreement, we look at it as a partnership between Ryan Lighting and our customer, not just a transaction. This makes the program accessible to businesses of any size, without the paperwork and delays that usually come with securing outside financing.
What happens if our facility relocates or our business closes before the program is paid off?
This is a common question, and it’s one we’re happy to address directly. There are no early termination penalties.
If your facility relocates or your business closes before the program is paid off, you can buy out the remaining balance of the contract at any time. We’ll walk through this option with you during your initial consultation so you have full clarity on how it works before you commit to anything.
