You are already spending thousands of dollars every month on electricity. Once the project commences and your energy bills decrease, redirect those funds to help offset the cost of the project. Most projects pay for themselves in under three years.
In addition to having the ability to source and install all of our products, we can also help you fund the project. We are partners with several lending agencies who work with commercial businesses by offering flexible, below market rate loans to help implement projects that reduce energy use, improve cash flow and provide a new opportunity for growth. Two of these companies are Pathway Lending and US Energy Affiliates.
Company A wants to replace existing lights with new, energy efficient LEDs. The project costs $500,000 and reduces energy consumption for Company A by $15,500 per month. The repayment would be $15,500 per month and would amortize over a period of 35 months.
Since Company A's repayment period is less than 10 years, they qualify for the Shared Savings Option, which gives significant flexibility in the loan structure.
Company A chooses to retain 100% of the available Shared Savings of $7,750 per month. The new payment is $7,750 per month and amortizes over a period of 76 months. Over the life of the repayment period Company A keeps a total of $589,000 for other reinvestment purposes.
Please note that this is only an example. Every project is funded differently and not all projects will qualify for the Shared Savings Options.