The market leading voltage optimisation provider, Powerstar, has launched an attractive range of flexible leasing packages – with no up-front payments required – making it easier for public and private sector companies in the UK to invest in the well established technology.
Companies investing in Powerstar solutions, which are renowned for reducing energy consumption and cutting carbon emissions, can now use the savings made from installing a system towards monthly lease payments. Re-payments can also be set below the monthly energy savings made, to create a positive cashflow from the outset. All re-payments are 100% tax deductible.
The leasing packages provide a simple straightforward alternative for companies looking to invest in Powerstar voltage optimisation products – Powerstar, Powerstar MAX and Powerstar HV MAX.
There are two types of lease schemes available, an operating lease and a finance lease.
Operating leases are available over a five-year fixed period with significantly lower monthly payments and no up front costs. At the end of the term, there will be a 20% residual balance, at this point the customer has the option of either purchasing the product at the residual value, returning the unit, or re-financing the outstanding balance.
Finance leases are different to operating leases, in that the term of the lease is flexible and at the end of the term the customer takes ownership of the unit. Like operating leases, payments are monthly and there is no up front payment required.
Customers can also choose to purchase Powerstar voltage optimisation systems outright from the outset. In addition, funding packages are also available for a wide range of sustainability projects, including voltage optimisation, through the Carbon Trust.
Commenting on the new leasing packages, group finance director of Powerstar Rob Macklin said, “Whilst we continue to experience a growing interest in voltage optimisation products, financing the purchase and installation of a system in difficult economic times has remained a barrier for many companies. Our new flexible leasing packages will now allow companies across the UK to invest in an established technology, to become more energy efficient and save money at the same time. Companies can become cash positive from the day of installation.”
Voltage Optimisation technology corrects the imbalance between the energy supplied through the National Grid, often as high as 242V, and the voltage required by modern electrical appliances, which are designed to operate efficiently at 220V. This excess energy often manifests itself as unwanted heat and vibration. By optimising the voltage a voltage optimisation system reduces energy consumption and the associated carbon emissions. It can also help prolong the lifespan of electrical appliances and plant equipment by reducing harmonics and the peaks and troughs of unstable voltage supply.
Powerstar is the only voltage optimisation system in the world with a patent, delivering average return on investment in 2.5 years and average savings of 12-15% on a variety of loads within a site. This includes LED lighting, which most other voltage optimisation systems are unable to provide.
To find out how you can benefit from the new leasing packages visit www.powerstar.com or call 01142 576200