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Want to investigate green financing and leasing options?
Searching for the right solar installer?
How much power are you using? Download our Load Evaluation Form:
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Financing Options |
| Scenario 1 | Scenario 2 | Scenario 3 | |
| Summary | Earn the most, but make it later |
Start earning now, but make less overall |
Somewhere in between 1 & 2 |
| Strategy | apply 100% of MicroFIT revenue towards the shortest possible lease | apply the minimum amount of the MicroFIT revenue towards the longest possible lease | Apply the a portion of the MicroFIT revenue towards a longer lease |
| Payback | System is paid for in approx. 12 years, after which you own the system and earn MicroFIT income for the remainder of the 20 yr. contract. | System is paid for in approx. 20 years, after which you own the system. | System is paid for in approx. 16 years, after which you own the system and earn MicroFIT income for the remainder of the 20 yr. contract. |
| Revenue | years 1-12 = $0 | years 1-15 = $2500/yr | years 1-16 = $1500/yr |
| years 13-20 = $10,000/yr | years 15-20 = $700/yr | years 16-20 = $10,000/yr | |
| Total Revenue (20 yrs) | $78,000 | $41,000 | $62,000 |
Interested in a commercial lease for a MicroFIT Solar Power System? Contact us today!
Why Lease?
Leasing is a business-friendly and cost-effective way to finance up to 100% of your equipment.
Conserve Your Cash
Leasing allows you to conserve cash and leverage up the buying power of operating or capital budgets and overcome budget limitations.
100% Financing = $0 Down
Unlike other forms of financing such as a loan, you typically do not make any down payment on a lease and software, installation and warranty may be included.
Preserve Lines of Credit
Valuable cash and lines of credit are preserved to grow your business – leasing allows you to maintain a steady budgeted cash flow. No one in business experiences financial difficulty because they have too much cash on hand.
Potential Income Tax Benefits
In many instances, leasing provides income tax benefits and the assets do not appear on the balance sheet. Debt to equity ratios are unaffected. Office equipment leases can be written off entirely as a rental expense.
Match Expenses to Revenue
Leasing allows you to add extra equipment and accessories for very small monthly costs as part of the lease. As an example, you can add additional consumables or supplies and accessories up front into the lease to be carried over the long-term. This allows you to buy additional items or supplies you will need to maintain or use the equipment and cover them in the lease payments at present value.
No Pre-Payment of Taxes
The GST and PST on rentals is paid over the term of the lease; you do not prepay these taxes in full up front.
Tailored Payments
Repayment can be tailored to your cash flow and budgeting needs! Often the first 3 months payments are set to zero to allow the equipment to generate income.
Leasing is simple and quick…
EfstonScience will look after the leasing details for you.
Start your application by requesting your FREE Solar Assessment today!
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