Investing in energy efficient lighting differs from investing in other capital projects. The dollars saved by installing a new lighting system not only pay for financing but can be structured to generate positive cash flow from day one.
Your complete lighting system and installation and all associated costs can be included in one convenient payment. It's also possible to set up project financing so that energy savings can fund non-lighting equipment purchases - a school can buy new buses, a factory can buy a new roof, a store can buy new signage - be as creative as you want to be.
A variety of finance structures can be arranged depending on your unique budget needs:
Annual, quarterly or monthly payments
Deferred payments (until your project capital is available)
When you work with Waypoint, the design, turn-key installation and financing are all handled by one trusted source.
No reason not to
More than enough money to fund the project is available today in your operating budget. Simply take the savings generated on your monthly electric bill and apply it toward a monthly finance payment.
Conservation of CAPEX, Cash and Credit Lines
Since neither capital funds, working capital or lines of credit are tied up in project execution, you maintain the financial flexibility to utilize these funds to meet the needs of the business.
The Cost of Waiting
It is pertinent that projects be designed and installed in a timely manner since many incentive programs will run out if a project is delayed. While a company may be waiting to complete another project or get more bids, the benefits of the rebates may be diminished by the energy wasted during the delay.
Locally developed projects are often trumped by a head office that has different priorities. Complicating the budgeting of lighting projects is the fact that utility incentive programs commonly run out of funding with short notice. We've seen countless projects with less than two-year simple paybacks languish for years because a companies CAPEX approval cycle didn't have the flexibility to incorporate the uncertainties of a utility incentive program.