Energy Retrofits & Upgrades
Municipal energy savings potential is everywhere and in all forms. From ubiquitous street lighting to the bulbs in every fixture over every desk and work space. Most governments can readily identify hundreds of green energy savings opportunities. From automated building controls for more efficient HVAC, to wood pellet boilers and renewable energy like solar panels and wind turbines.
The “ROI” Is There for Energy Savings Projects
Even if you’ve just begun looking into energy savings opportunities, you know that most projects are intended to “pay for themselves,” at some point. Loosely, that idea is measured as “return on investment” or ROI. The ROI, on lighting retrofits and building controls automation for example can be very compelling. The flip side of ROI, is the cost of delaying energy savings projects which is too often under appreciated. Figuring out the ROI: The amount that you save compared to the amount that you invested upfront , expressed as a percentage, is the basic “ROI” for the project and (while simplified a bit here) is one good way to compare your competing options.
OK, But Who Makes the Upfront Investment?
Covering your city’s large upfront investment in new, energy-efficient equipment is exactly the kind of help that we offer with our very low-interest municipal lease-to-own financing. For most state, county and municipal governments there is no lower cost of funds. The math is pretty straightforward: The less your agency spends on paying for or financing your new green equipment projects, the greater the savings and ROI will be.
Most municipal entities (cities, towns, school districts etc.) that start exploring energy efficiency projects quickly jump to some very premature and incorrect assumptions (well described in the linked EPA White Paper) that the project will ultimately fail for any one of the following reasons: lack of funds; lack of time or ability to design the plan, lack of expertise to implement the plan and/or the lack of local “political will” to start and stay the course. Some conclude that energy programs will take a bite out of already scare tax dollars or will saddle tax payers with new fees, expenses or with bonds, new balance sheet debt from bonds. Not necessarily true!
Finding Money for Energy Efficiency Projects : White Paper (Download It Here) lays out the case for bringing in the the right experts from the beginning, to considering the hard numbers on the real out-of-pocket cost of delaying action. There is an entire industry of Energy Service Providers whose business is designing cost-effective solutions that PAY FOR THEMSELVES in savings. And they’ll many will guaranteed it in writing.
But where does the upfront money for design, equipment and installation come from? And THAT’S US, Municipal-Leasing.com! First Capital Equipment Leasing specializes in tax-exempt municipal lease-to-own financing, the lowest cost financing available to governments like yours. Some ESP’s will offer financing, but that’s not your best option. The “all-in” costs of our municipal leases can be lower than bonds or bank loans because we’ll offer you very low-cost tax-exempt municipal financing, without creating debt. (most jurisdictions).
As you’ll see, it’s probably easier and less expensive than you think! Finding Money for Energy Efficiency Projects : White Paper (Download It Here)You have a very low cost of funds going in and real cash savings that self liquidate even those costs during the term of the project and the utility bills continue to drop. Many ESP’s will guarantee those savings in writing.
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Purchase From Any Vendor of Your Choice
SELECT ANY VENDOR–a local dealer, the state contract provider or from a cooperative buying group that you work with; one source or five; whatever it takes to get exactly what YOU need. Your pricing estimates may change–and that’s fine! All pricing will of course be re-calculated “to the penny,” before we draft your agreement.
We offer a 100% turnkey lease-to-own financing. No “a la carte” solutions here. Every quote can include ANY EQUIPMENT that you need, from ANY VENDOR or SUB-CONTRACTOR that you select for a complete job–start to finish. Your city will own every piece of equipment acquired for the project from the day it is delivered. There are no end of lease buy outs or payoffs, ever. What you need, when you need it, for a single price from the vendors you select–all in.
Get a Municipal Leasing Quote Now
Let us prepare a quick quote now on any combination equipment & terms. We can have real numbers on your desk today–you’ll know within 60 seconds of receiving our quote if municipal leasing is the best choice for your agency! (what’s the downside of seeing some real numbers?)
Whenever you’re ready, we can put it all together for you in a matter of days, not weeks or months.
We’ve Got You Covered!
Questions About Energy Project Funding? Call us now!
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