ASSET FINANCE

Financing new energy solutions can also be cost neutral in most cases.

Financing new energy solutions can also be cost neutral in most cases.

For example, a new energy efficient LED Retrofit may cost £12,000 to fit and have a monthly cost of £200 over 60 months, However if the efficiency of the new LED lighting is enough to reduce the monthly Electricity bills by £200 then there’s a neutral financial impact.

Dependant on various outcomes the costs could be slightly negative or positive.

With asset finance for energy efficient equipment the client will also have the added benefit of the governments ECA scheme (Enhanced Capital Allowance) where you can deduct the full cost from your profits before tax in year one.

Please seek independent financial advice regarding the ECA scheme.