Even the best energy conservation measure (ECM) has an upfront cost.  Many of our customers don't have the money budgeted for the improvements during the current fiscal year.  Even though the ECM has an excellent payback rate and high ROI they might have to wait for up to two years to for the improvement to get approved as a Capital Project and to make it into the Capital Spending Plan.  I addition to that, many of our facility energy audits uncover problems with equipment where the repairs may have to be deferred until the next year or may require budget cuts in other areas.  The only people happy about that are the utility companies!

Because these aren't unusual circumstances, EMCS has teamed up with TAC and HVAC Capital Corporation to provide a solution to these problems.  For any of our projects (no matter the payback rate) we can provide capital leasing with rates as low as 6.9% and terms to 84 months.  With rates that low and terms that long improvements can be budget neutral or even provide positive cash flow.

For instance we'll look at a $25,000 dollar project with a 2 1/2  year payback rate.  The project will save about $833 per month.
 

The process is simple:

1. EMCS identifies the cost of the project.

2. EMCS fills out the credit application with the customer's input

3. The customer selects the term of the lease.

4. Once approved by HVAC Capitol; EMCS makes the improvement (including HVAC equipment repairs).

5. Once installation is complete, HVAC Capital pays EMCS for the installation and the customer starts making lease payments to HVAC Capital.

6. At the end of the Capital Lease the customer makes a $1 "end of term option" payment.