Operations and maintenance (O&M) services ensure that your renewable energy systems provide the best possible generation, performance and return on investment. While these services offer many benefits, the 3 main benefits of operations and maintenance are increased energy savings, increased performance and lower carbon emissions. These benefits are outlined in this article. Click the link below to learn more about operations and maintenance services and the four different types of services: reliability centered, preventative, predictive and reactive maintenance.
Read What is Operations and Maintenance?
3 benefits of operations and maintenance
The purpose of O&M services are to keep plant infrastructure and equipment in good working order, extend equipment lifetime, and prevent excessive depreciation and impairment. O&M services also work to align the interests of developers, clients and investors. When these purposes are achieved, system owners will reap the benefits of operations and maintenance: energy savings, increased system performance and lower carbon emissions.
1. Save money
Currently, 34% of unexpected equipment downtime in the U.S. is due to aging equipment. This unexpected downtime will cost your company or organization time and money. Unexpected downtime can be avoided with proper O&M services in place. O&M services will increase renewable energy systems lifetime, which will save money that would have been spent on a new system. These services will also increase energy delivery, meaning your company or organization will have less dependence on the local energy grid. This will translate to utility savings.
2. Increase performance
Another one of the benefits of operations and maintenance is increased system performance. O&M services include performance monitoring. Performance monitoring allows us to track your systems performance and discover if there are any shortfalls. Routine inspections and maintenance helps to reduce potential system breakdown over time, and corrective maintenance activities address downtime events and equipment repairs to get the systems back to fully operational status.
O&M services has also been known to improve the performance of solar photovoltaic systems from 92 to 95%, which substantially increases revenue and the environmental benefits of solar technology.
3. Lower carbon emissions
When your renewable energy system is operating at maximum performance, less energy is used more efficiently. This will increase sustainability and lower your company or organization’s carbon footprint. Lowering carbon emissions benefits your company, community, customers and more. Demonstrating a commitment to sustainability will also attract likeminded individuals in the form of potential customers or employees. It can also help fulfill ESG initiatives, which will attract potential customers along with investors and satisfy existing stakeholders.
Read What is ESG Reporting?
Want to start a project backed by O&M services?
Partner with EnergyLink for assurances that your energy project is producing the results you expect and reap the benefits of operations and maintenance services. EnergyLink is a certified energy service company (ESCO) that designs projects for a range of commercial and industrial organizations and offers routine O&M services. Click the link below to take a look at one of the projects EnergyLink performed O&M services on through daily monitoring and monthly reporting.
Read about Baldwin City
We will be your partner throughout each state of your renewable or energy efficiency project and we also offer multiple types of funding for our clients. Project financing agreements like MESAs, PPAs, ESAs and SSAs include O&M services in their contracts. Click the link below to get started or dial (866) 218-0380 to speak with a team member directly.
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