What are the two questions we most commonly hear about the financial impact of switching to LED?

1. Are the savings really significant?

Every building has its own unique configuration of conventional lighting. Savings will vary, depending on the type of lamps being replaced, but in every case they are significant.

2. Even if the savings are great, how can I afford the capital outlay required to reap these rewards?

For many businesses, spending capital upfront on infrastructure can be a discouraging prospect. In an ideal world, yes, but can you take the pressure on your balance sheet and cash flow? Well, perhaps not. Which is why Eco Lighting Specialists make sure you don’t have to.

We partner with companies who have extensive experience of funding green and renewable energy projects. They can offer an off balance sheet package tailor-made to your needs, including no capital required upfront. Instead you pay over a period of years, just when you have the money created by your significant savings. Yes, this means your LED installation can be cost neutral.

Before you commit, we will calculate how long it will take for your LED installation to pay for itself and even, as is often the case, whether your monthly savings will exceed your repayments. And, of course, when the investment is fully paid off, your savings will continue as a welcome surplus.

Equally, if you prefer to pay the capital upfront, you can claim all your tax allowance within the first financial year through the Enhanced Capital Allowance Scheme, this can help reduce your return on investment.

In either case, Eco Lighting Specialists will provide all the information and fully explain the options, so you can make an informed choice.