TED Rental Agreement

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The Energy Desk’s rental scheme gives our customers all the advantages of using the equipment/technology we offer without the necessity to actually own the equipment.

The rental payments are generally at a fixed cost over a set period. The period is normally between 3 to 5 years.

We have found this model works extremely well in both Public and Private sectors when used for technologies with high ROI and technologies which attract government incentives such as: metering services, lighting, Biomass Boilers, CHP and boiler controls. In many cases instant savings are achievable and the advantages of the lease outweigh the rental payments.

(Our finance is also available for products non energy related and is very popular in IT sector with technology moving so fast having the option to change equipment after 3 year without capital outlay)

• No large upfront payments
• Still attract government incentives
• Rentals fixed over a period of time
• Preserves cash reserves
• An addition line of credit
• No disposal of equipment issues
• More efficient use of funds
• Faster decision times
• No equipment obsolescence
• Service & maintenance costs at a minimum

At the end of the agreement our customers have several options. Each option will be specific to the customer’s individual requirements.

Whatever option the customer decides upon can also effect the accountancy and tax treatment of the agreement. The end of term options are:-

• Return the equipment to the funder
• Continue to use the equipment on a casual basis at the same monthly rental
• Sign an extension agreement – generally for a further 2 years – this could dramatically reduce the monthly rental
• Purchase the equipment for a fair market value
• Mix all of the above

For a free no obligation consultation or quote please do not hesitate to contact The Energy Desk