# Light as a Service: term sheet

Public teaching edition · 15 September 2026

Working draft. Complete the fields in square brackets.

Educational negotiation worksheet. Complete fields after a site survey; adapt legal drafting to the site and jurisdiction.

Site and zones: [address, area, purpose]. Term: [commissioning / start / expiry].

Parties: [customer / owner / investor / operator / verifier].

Assets: [register, title, security, insurance, access].

Service and SLA: [zone metrics, scenes, availability, repair deadlines, credits].

Baseline and M&V: [period, meters, adjustment formula, missing data, independent checks].

Payment: [subscription / savings / hybrid], [rate, indexation, taxes, cap]; electricity paid by [party].

Finance: [amount, committed source, schedule, reserve, security].

Acceptance: [tests, documents, charging commencement, pilot and expansion criteria].

Data and controls: [access, export, local mode, agent permissions].

Risks: [site changes, downtime, failures, arrears, compensation].

Exit: [triggers, notice, annual settlement formula, purchase / return / renewal].

Continuity: [replacement operator, critical lighting, configuration and rights transfer].

Law and disputes: [jurisdiction, accounting review, claims and expert determination].