You have read that LED lighting is friendlier toward the environment. You want to retrofit your home or office and change over to an LED system but finances are tight. The good news is that there are a variety of funding and finance options available to you. Here are some sources to check out.
If you have the cash available to make an initial outlay, rebates may be your best avenue. There are several rebate programs available through state and federal governments, especially for business owners wishing to go green. Contact us to find out more about these rebates before they expire.
2. In-Electric Rate Funding
One unique funding option provides you with the ability to pay for your project through in-electric rate funding. You do not have to undertake a large upfront capital expenditure in order to retrofit your office space. Rather, your energy savings are used to finance the project over the next 3 to 5 years.
3. Performance Contracting
The federal government has stepped in to help businesses switch over to LED lighting. If you are interested in learning more about Energy Savings Performance Contracts (ESPCs), you can visit this website or contact us and we will provide you with more information.
There are low-interest financing packages available for anyone wanting to undertake an LED lighting project. In some instances, you will pay for your project out of your projected energy savings. Several large banks and energy providers offer this type of financing to businesses.
Retrofitting your entire space to accept LED lighting can be daunting to say the least. You may believe that you do not have the money required to take on such a project, but with the variety of funding and financing options available today, there really is no need to put off your project any longer.
If you are interested in learning more about LEDs, read through our website or sign up for our newsletter. We are happy to provide you with more information. Contact us now.