Equipment Leasing Solutions
GRASSROOTS GREEN ACTION
W
ith the world looking for a corporate response to the climate crisis more than ever, businesses know they have a responsibility to do more. Yet, whilst businesses are aware that they need to go greener and are even aware of the long-term financial benefits, they might not be aware of how to implement and finance the technologies available to them. Stuart McKee, an energy, heating and power equipment mogul and managing director at Equipment Leasing Solutions (ELS), said: “For leaders in businesses and educational settings who want to minimise their organisation’s environmental impact, one of the biggest prohibitors to adopting greener technologies is funding. “Whilst greener systems save money in the long term, investing in them outright – particularly in ownership terms – can be very costly indeed. “That’s why leasing is a practical and sound investment option.” The goal in consuming less energy means costs will be less in the long run. Switching to LED lighting systems is an ideal place for businesses and educational settings to start. LED lighting consumes up to 80% less energy, the savings in the long run can be huge. “A recently funded LED lighting project enabled the client to save £1,956 a month, whilst the lease payments
were only £975,” Stuart highlights. Savings can be immediate against energy bills and in many cases setting green technologies in place provides savings greater than lease payments straight away. “In the case of Solar and Battery Storage they are also eligible for income generating tariffs. “Biomass boilers, stoves, heat pumps and thermal panels also generate an income through the renewable heat incentive. Some financed projects can even benefit from enhanced tax relief on certain approved products.” The Race to Zero carbon emissions is on and with options like leasing becoming available there’s more help to join in than ever before, with a plethora of benefits for the organisations adopting greener ways. “Who doesn’t want to be a greener organisation? They save money, attract more clients and employees and save the planet – and it’s never been easier to be part of the change,” Stuart adds. Energy leasing, efficiency and renewables information can be found at els.lease/energy-lease. SOME FINANCED PROJECTS CAN EVEN BENEFIT FROM ENHANCED TAX RELIEF ON CERTAIN APPROVED PRODUCTS
