2. Renewable Energy Lease – Lease the system, Use the energy

How Renewable Leases Work
A renewable energy lease is a financing option that allows businesses to generate clean electricity with little to no upfront capital investment. Like traditional equipment leases, renewable energy leases provide use of the renewable energy equipment itself in exchange for a monthly lease payment. You benefit from the clean electricity generated from the rented renewable energy installation.

The combination of known lease payments and lower utility bills typically leads to an immediate reduction in electricity costs and provides increased savings over time. At the end of the lease agreement (typically after 15 – 20 years), you have the option to purchase the system at a reduced cost, renew the lease, or have the system removed.

Lease Benefits

  • Low Upfront Cost  -  There are little to no upfront costs for a lease, allowing you to reduce your initial capital investment.
  • Save on Electricity Costs  -  Monthly payments are more than offset by the reduction in electricity bills, resulting in total electricity cost savings.
  • Protection against Rising Electricity Prices  -  Secure a low electricity rate at a fixed price per kilowatt-hour and reduce volatile energy rates.
  • Flexible Options  -  At the end of the term, typically between 10 to 20 years, you may choose to purchase the power system for a small, residual value, renew the lease or opt to have the system removed.
  • Partnership Choices  -  Allows you to work with your existing equipment lease financial partners.
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MI Leases
Whether you want to work with your preferred financial institution or you want to explore alternatives, MI can help you negotiate the terms of a renewable energy lease. With an expansive network of specialized leasing partners, MI knows how to accurately forecast energy output, secure favorable lease terms, and streamline the negotiation process to help you minimize your financial commitment while maximizing the return on your clean energy and energy efficiency investment.




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