There is now no reason any projects cannot progress from a financial or funding perspective. Example savings and returns..
We work closely with funders interested in renewable technologies and can help individuals and organisations secure finance for many projects based on clear demonstrable returns.
There are many ways of financing renewable projects and they are always changing as new incentives appear promoting the adoption of renewable technologies.
The man finance options we work with are detailed in summary below:
Companies, organisations and private individuals often initially look to purchase outright all of the equipment and installation services. Using capital to purchase a renewable system will offer the highest return on investment (ROI) and shortest payback period.
With no loan interest involved you can directly compare the Internal Rate of Return with other purchases you may be considering. The ROI will always depend on numerous factors such as location or orientation but you can expect an annual return of anywhere between 10 to 20 percent by purchasing a renewable energy system.
By taking out finance to pay for a project the purchase cost of a system is spread over several years and the capital can be raised unsecured or asset backed. Interest rates can vary depending on individual circumstances and credit standing.
Excluding the initial outlay the cash-flow however should remain positive and by spreading the repayments over a short term, most of our clients report that their loan repayments are covered by the income and savings provided by the system installed.
By adopting this approach monthly overheads are in effect reduced without any need free up working capital.
An operating lease is a type of finance that has historically enabled customers to invest in high value items with a long life span. It is very common for schools and colleges to invest in low value equipment via an operating lease as it adheres to the rules governed by the Local Education Authorities LEA.
At face value an operating lease has similar traits as a lease rental agreement; they are both for a short period of time, they have fixed quarterly rental payments and allow clients to invest in equipment when they need it and not when their budget allows it.
Another option that is available is a fully funded or Power Purchase Agreement (PPA), in this arrangement the system is installed at no cost to our client, no finance agreement, no deposit and no loan. Read More.
Read more on the benefits of financing renewable energy.
For more information on solar pv or any other Enviko services or products please call Enviko on (England & Wales) +44 (0)20 8611 2741 or by email.
Or see our case studies on how we have helped local businesses turn unused roof space or land into revenue generating assets. Click here.
As part of the UK’s government Microgeneration Certification Scheme (MCS) we are accredited installers have an impressive portfolio of solar PV systems throughout the UK, helping each of our clients reduce their carbon footprint whilst also tackling the problems of rising energy costs.
Purchase outright, lease or fully funded or under a PPA, Enviko have the experience and knowledge to ensure your project has the right funding that makes sense for your business.
The price of commercial solar PVs has fallen over recent years, so we can offer even more attractive finance packages to our commercial & corporate clients. For more information on any of our finance and funding options please contact us.
The financial logic becomes obvious when you consider that returns on these systems can be as high as 15% and the obvious fact that traditional energy prices have risen far faster than inflation.
England & Wales:
+44 (0)20 8611 2741