Lighting as a service

Lighting as a Service (LaaS) is a service delivery model in which light service is charged on a subscription basis rather than via a one-time payment. This business model has become more common in commercial and citywide installations of LED lights, specifically in retrofitting buildings and outdoor facilities, with the aim of reducing installation costs. Light vendors have used an LaaS strategy in selling value-added services, such as Internet-connected lighting and energy management.