Abacus Orange Energy is proud to announce a unique lease funding facility.
How our finance lease operates:
- Dependent on the location and the Feed in Tariff, the lease period is for 10/12 years but can be extended
- The customer has no cash outlay
- The Feed in Tariff should be sufficient to satisfy the leasing payment
- On completion of the lease all equipment and tariffs are reassigned to the customer and /or an agreed party.
- If the system over produces the surplus will be put into an energy management solution via a trust account. This can be paid to the customer and / or agreed parties or taken as a reduction of the lease.
- In the event that system fails to produce sufficient income to satisfy the lease term, then there are insurance policies that could be put in place so as not to vary the duration of the lease. Alternatively an extension of the lease can be agreed.
- The client has to be credit worthy and have been trading for a minimum of 3 years.
- Optionally, a PPA (Power Purchase Agreement) can be assigned enabling an off-site system to be used to offset a client's electricity supply.
- The minimum lease value is £2m / £3m. (dispensation can however be made under some circumstances)
- In summary, the lease is disarmingly simply in its entirety. The Client has ZERO capital outlay. All Feed in Tariffs and equipment are re-assigned to the client on completion of the lease term
