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Financial Information
Bonding
There is no limit in the size of projects that ESCO can install; we are bondable in excess of $25,000,000.
Payment Terms
ESCO provides flexible terms and options for financing lighting upgrade and other energy conservation projects to meet the wide variety of financial requirements presented by our customers. Projects can be installed with no initial capital outlay and achieve an immediate positive cash flow through ESCO’s Paid-From-Savings option.
Paid-From-Savings Option
After energy savings have been verified through on-site metering (see Our Services for more detail), a monthly payment is calculated that is less than monthly savings to achieve positive cash flow during the entire payment period (typically twenty-four to sixty months). The financing can be structured so that the first payment does not become due until thirty days after project completion and thirty days worth of savings have accrued to the facility. Therefore, all of the energy savings, maintenance savings, and improved light quality benefits associated with an ESCO lighting project can be realized without tapping capital budgets, and the project can improve the facility’s bottom line from day one.
Please contact us if you have specific questions related to financing.
