The PAYS Model
The Pay As You Save® (PAYS) model offered by Che Energy is an innovative financing mechanism that allows you to upgrade to energy-efficient systems with no debt or upfront payment. The cost of the upgrade is paid for through a fixed charge on your monthly utility bill, which is designed to be less than the savings you generate. If you move, the payment obligation stays with the property, not with you.
Key Benefits
No Upfront Cost & No Debt
Upgrades are installed without any initial investment or new debt obligation for your organization.
Immediate Positive Cash Flow
The tariff on your utility bill is set below the estimated savings, so you save money from day one.
Risk-Free Upgrades
Che Energy assumes the risk of the equipment's performance. Payments are tied to the utility meter, not you personally.
Inclusive Access
PAYS is accessible to all customers, including renters and low-income households, who might not qualify for traditional financing.
How It Works
Che Energy simplifies the path to energy efficiency. Here’s a step-by-step look at our PAYS process.
Che Energy partners with your local utility to offer the PAYS tariff program.
We identify eligible and cost-effective energy efficiency upgrades for your facility.
A certified contractor installs the upgrades at no cost to you.
A fixed charge is added to your utility bill to pay for the upgrade over time, while you enjoy the immediate savings and improved comfort.