Energy Saving & Solar Equipment

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Could your business perform better?

Our energy landscape is changing. As the price of power continues to rise, smart businesses are looking for strategies to better manage their energy costs. One solution is investing in renewable energy and energy efficiency; it can generate significant savings in energy use and costs. Energy assets usually involve a large initial investment and very low operating costs. In some cases, access to capital can restrict an organisation’s ability to make these types of investments.

Why finance solar systems or energy efficient lighting installations?

Financing your energy asset might be a good solution for your business as it removes the need to make a large upfront investment. Instead you pay regular monthly instalments. In this way, your cash outflow is better matched to your energy savings.

In some cases, the value of these savings may equal, or even exceed the cost of the financing which creates a neutral or positive cash flow. Solar equipment for example requires a large initial investment to cover purchasing and installing the equipment. From then on, the costs involved with operating a solar system are minimal. Each year, your solar system can save you money on your energy bill.

Finance to own or rent

We offer you the freedom to choose between two finance options:

• finance to own (Chattel Mortgage) with terms between 24 - 36 months 

• Rental with terms between terms between 12 - 84 months

What can be financed?

Qualifying energy assets that we can arrange finance for include:

• solar PV systems

• energy efficient lighting

• power factor correction

• voltage optimisation

• building management systems

• battery storage

• gas engines

• metering and metering infrastructure.

Chattel Mortgage

A Chattel Mortgage allows you to own your solar system immediately. For eligible solar systems, a Chattel Mortgage entitles you to generate Small-scale Technology Certificates (STCs). These are often used to offset part of the price of your system. After the final payment has been made and the contract is complete, the mortgage is discharged giving you clear title to the asset. If you are a business registered for GST you may also be entitled to an input tax credit resulting from your acquisition of the energy asset

Finance is available to commercial customers for business purposes only.