Once the decision has been made to invest in renewable energy technology, the question arises of how best to finance the purchase. Traditionally, many firms have used cash, loans or hire purchase (HP). However, there is a growing awareness that these may not always be the best options.

Leasing is a highly flexible way of acquiring the renewable energy technology your business needs. It allows you to preserve working capital by financing equipment over the course of its cash-generating life. Leasing can involve lower deposits and lower monthly payments than loans or hire purchase. It also gives you a new line of credit, totally separate from everyday business banking and overdraft facilities.

Renpower can provide you with full life cycle management service for renewable energy systems from initial installation and maintenance through to disposal.

How does it work? Like loans or HP, you make regular payments over an agreed term. We can tailor the monthly rentals and lease period to suit the needs of your business. With leasing, you do not own the assets – they remain the property of the leasing company. However, you will enjoy the benefits of ownership – including the value of the ROC's and electricity exported to the national grid and the right to sell the equipment at the end of the lease.

Leasing – the key benefits:

• Working capital preserved – payments spread over the life of the asset.
• Fixed monthly costs for greater control of cash flow.
• Rentals can be offset against your taxable profits.
• Flexible end of lease option.

If you would like a quote on a renewable energy solution, call us today!