eEnergy Group PLC is listed on London’s AIM stock exchange with the ticker LON: EAAS. It provides energy-efficiency-as-a-service (‘EAAS’) to commercial clients, schools and industrials. Its main trading business is called Elight, which provides light-as-a-service. Elight has been trading out of Dublin and London for over five years. As of January 2020, the company has completed over 800 projects.
Elight help clients transition to LED lighting, which is both more environmentally friendly and cheaper to run. Elight’s model allows clients to do this without high up-front costs. Instead, clients pay a monthly fee for a period of 5-7 years. The energy savings are higher than the monthly service fee, and according to CEO Harvey Sinclair, most companies unlock profits from their reduced lighting bill from day 1.
