E4C is an innovative concept that InovaSure has converted to a product and is positioning itself to be the first SOUTH AFRICAN ENERGY SECURITY PROGRAM for CORPORATE / INDUSTRIAL USERS and STATE OWNED COMPANIES. In order to be able to achieve this goal, InovaSure entered into various Joint Ventures with network partners and affiliates.

InovaSure’s intent with the E4C program is to assist Corporates and Industrial customers with the energy provision related challenges that they are facing.

The E4C program is described as the following:

The “ensured” dispatch, storage, stable distribution and metering of a secure supply of energy by InovaSure to a designated Corporate or Industrial Customer in return for a monthly Service Level Fee.

We believe that choosing an service level route to “ensure” a power generation / storage / distribution / metering / load shedding / outage problem combined with a telecommunication solution is very innovative. Traditionally insurance companies provide clients against a commercial risk or medical loss, damage, illness, disability or death and suchlike in return for payment of a contracted ONE PAYOR premium, but do not cover these realities.

Accredited Corporates or Industrial Customers, through the auspices of their Board of Directors or Administrative structures, will qualify for a custom-made E4C Program.

Corporate users or authorities should have the following information available when applying for an E4C Program:

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

Total cost to corporate / industrial property owner for the energy used per time period;

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 off-peak power;

Total outstanding debt to a Municipality or other supplier (Utility Provider) as of a specific date.

InovaSure will assess the above information and present the Corporate or industrial Property owner with an E4C Program quotation for reference of their designated decision-making body.

The decision-making body follows all the correct governance steps and obtains relevant approval for the legal contract.

The Agreement is issued and a monthly service fee paid to InovaSure.