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.
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.
65 Redding Road
office: (203) 544-8303
fax: (203) 544-8302
Murphy International Development services independent power producers and developers of renewable and conventional plants including; solar, wind, Biomass, hydroelectric, geothermal, CHP, cogeneration and alternative fuels projects.
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