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Local Authority / SEZ EnergSure Program - LAEP


InovaSure’s integrated power solution program allows for the generation of Green Energy, which is then stored and shifted through an energy demand / supply management system of which the end result will be a constant supply of energy to Local Authorities, and Special Economic Zones (SEZ's).

In order to maintain a stable supply, a measurement and compensation method has been designed in the form of an “ensurance” product, i.e. “LOCAL AUTHORITY & SPECIAL ECONOMIC ZONE ENERGSURE“ PROGRAM.

It is a“Power Protection Plan” product which is combined with a Capital Markets Program, offsetting capital requirements and referencing the risks and economic realities as well as complying with all the relevant Government and Industry stakeholders’ regulatory requirements and Government Departmental Governance Procedures.

The LAEP Product will provide, through proprietary means, Energy Security to the Local Authority and relevant SEZ in exchange for one monthly ENERGY SECURITY SERVICE FEE.

InovaSure and its partners will introduce assets onto the Local Authority’s balance sheet, then become the usufructury user of the assets and provide generation, storage, shifting, shaving distribution, metering and regulatory issue.

Authorities and SEZ's should have the following information available when applying for an LAEP plan:

Total average energy usage per calendar month for the last 12 months;

Total cost for the power used per time period;

Total consumption of peak power;

Tariff paid for peak power;

Total consumption of off-peak (base load) power;

Tariff paid for peak power;

Total consumption of off-peak (base load) power;

Tariff paid for off-peak power;

Total outstanding debt to the Utility Provider as of a specific date;

Number of computers used presently;

Number of computers used presently;

Number of connection points for connectivity in the Municipal Offices;

How many smart meters are installed (if any)?

InovaSure will assess the above information and present the Local Authority customer with an LAEP Plan quotation.

The Municipality (or the relevant SEZ) follows all the correct governance steps and obtains Council and other relevant approvals for the arrangement.

A special purpose ESMA Agreement (Energy Security Management and Administration Agreement) is entered into and a monthly fee replaces the outstanding debt to the Utility Provider.

Application for the Local Authority / SEZ EnergSure Program - LAEP Program



For registration of interest in the Local Authority / SEZ EnergSure Program - LAEP Program, kindly complete the form and click the Apply button below.

 

Full Name of Applicant/Representative of Applicant *

Email of Applicant / Representative of Applicant *

Applicant Company / Organisation Name *

Applicant Company / Organisation Phone Number *

Applicant Company / Organisation Address *

Company / Organisation Main Business *

Details of Main purpose for which the Cover is required*

 
 
Prospective Clients can also make contact with us direct at info@inovasure.com for further information and assistance with regard to the Application for the relevant "Ensurance" / Warranty Cover. Prospective Clients will be required to complete a confidential questionnaire and Due Diligence process, after which accreditation will take place and Clients will be provided with indicative terms and conditions for consideration by their decision-making bodies.