©2016 by MountainLED, Copyright Tekarra Project Services Ltd.

ADDRESS

#2825, 150 - 9th Ave SW

Calgary , Alberta T2P 3H9

(Edison Buildilng Penthouse, shared with Tekarra Project Services)

CONTACT

New Inquries:

sales@mountainled.com

Existing Client Services:

New/ Existing Contractors:

services@mountainled.com

 

Phone:  (403) 891 - 9288

Financing Option for LED Lighting Retrofit

October 22, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contrary to what most facility owners may think, financing LED lighting  through a lease actually make alot of sense.  Here are some reasons why:

 

1.  Overall Savings

 

Changing to LED lights requires a initial investment up front, and if you make the right retrofit decisions, should require little to no maintenance and payback 30-50% of your initial investment in operating cost for the next 5 to 10 years.  MountainLED currently provides leasing plans from 4 - 8% annually.  Instead of incurring a large cashflow to tight organizational finances, purchasing through a least to own plan of 2-3 years works makes minimal changes in the overall savings. 

 

2.  Save as you go

 

Essentially, the lease can also be seen as a save-as-you-go plan.  Use the monthly savings you experience to pay back the lease on the lights instead.  After 2-3 years, the organization basically got a free facility upgrade with no real additional money expenditure. 

 

3.  Accelerated Depreciation

 

Depending on the details and the type of retrofit, an facility can use the lease-to-own plan as a way to achieve accelerated depreciation on the facility upgrade through a lease to own program.  

 

4.  Rebate Cashback

 

Depending on the details and the type of retrofit, facilities can receive a rebate cashback from the government immediately after retrofit completion, which may be substantial and by itself pay for the first year of leasing costs.

 

 

MountainLED will be happy to help you learn more about these different options!

 

 

 

 

 

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