Long term end to end solutions
Electrification is more than just motors, vehicles, and chargers. It can be a complex journey. We know how to navigate every turn, while helping you minimize the risk and maximize ROI.
| Feature | Charging as a Service | PowerON Financial Loan |
|---|---|---|
Upfront Investment | No large upfront investment required. Includes a predictable, fixed all-in payment plan. | Customer pays upfront with financing options through PowerON’s investment-grade resources. |
Infrastructure Development | PowerON assumes financial and administrative risks for repairs, replacements, warranties, and parts management. | Customer assumes these responsibilities, with optional support packages available. |
Asset Ownership | Infrastructure is owned by PowerON, keeping it off your balance sheet and freeing up capital for other needs. | Customer owns the charging infrastructure outright, enhancing asset portfolio. |
Cost Predictability | Fixed CaaS fees offer financial stability, covering all operational, maintenance, and infrastructure expenses. | Full governance over asset value and operational costs, with potential for appreciation. |
Flexibility | CaaS provides flexibility for equipment upgrades at the contract’s end, adapting to evolving EV tech trends. | Flexible loan repayment terms available; upgrades require additional investment. |
Maintenance & Support | Turnkey solution includes full maintenance and support, reducing operational burdens. Included with uptime guarantee (99%) | Requires separate budget for ongoing maintenance and support. Optional O&M packages from PowerON are available. |
Revenue Streams | Access to PowerON’s incentive and revenue management services to lower overall CaaS fees. | PowerON’s incentive and revenue services available to help offset initial and ongoing costs. |
PowerON has consistently demonstrated an ability to understand our operational needs as a transit operator and apply their electricity infrastructure and market knowledge to advance novel approaches to meeting those needs as we move towards electric transit.Bem CaseExecutive Director, Innovation and Sustainability, TTC
