Often our customers agree that an LED retrofit is a wise financial expense for their company and they want to explore methods of offsetting the upfront cost of the purchase. One method is with rebates or tax incentives, yet another way is by spreading the purchase cost over some portion of the product's usable life using an energy loan. For example, a lighting improvement with a 3 year payback can be financed with a 60 month term, or shorter energy loan, this provides a positive cash flow because the reduction in your lighting costs is greater than your monthly payment for the energy loan. An LED retrofit is now more compelling than ever, and this is all because a new technology is available that simply out performs traditional light sources.
There are many State and private Energy loan programs available. please contact us for more information.
RedBird works with the company Energy Finance, which is a division of RedClay, and provides them details of your project cost and anticipated savings as calculated by our engineers.
Applying is easy and we welcome an opportunity to discuss the details. The minimum amount to finance is $15,000. A typical finance will provide 100% of the LED purchase price plus the origination fee; applying usually requires the following:
Energy Finance is a completely separate entity
from BA10 LLC, and we do not profit from fees or paid interest when you finance
a purchase with them. Energy Finance works with several quality vendors of
energy efficient products and provides this service only on products that meet
their standards of quality and long-term durability.