There are many ways of financing a street lighting project depending on sector:

Consumers:

• Utility funding (over energy bill)
• Private financing (cash settlement, leasing)

Business:

• Energy Service Companies (ESCO models)
• Public Financing Initiatives
• Investors (building certification, cash settlement, leasing)

Government:

• Public Private Partnerships
• Carbon trading
• Revolving renovation funds

Our LED street light Aerolite LSL^®15, 30, 60 and 90 families are eligible for Rebates, Incentives and Resources from some of the largest utilities in the country that are members of DLC.

They are listed on the DesignLights™ Consortium (“DLC”) Qualified Products List. The DLC Qualified Products List supports only high-quality, high-performing commercial LED products.

DLC qualification helps accelerate market acceptance of LED luminaries as it provides assurance that the product meets stringent criteria for energy efficiency, performance and longevity. It also allows end users to participate in many local utility rebate programs to help defray the cost of their upgrades as they reduce demand on the electrical grid.

Third party financing

An Energy Service Company (ESCO) contracts with the municipality to plan, finance and
install energy efficiency technologies at the ESCO's expense. The contract provides that the
ESCO is repaid through a share in the value of the energy savings that result from the
technology installed. The ESCO offers a total service package, runs and maintains the
installation, which results in further savings for the municipality.

The ESCO guarantees the municipality energy savings at a specific amount. Duration of the contracting is usually 10 to 15 years. For the municipality, there is no or little investment (depending on measures) necessary. It is suitable for projects with highly energy efficient measures, since the savings in energy costs have to pay for the investment of the installation and the ESCO as well.
Energy agencies advise municipalities on the way of financing that is suitable for a street
lighting project. They develop a financial model, which is part of the analysis preparing the
project and do the tendering of the ESCO-project, which ensures a successful realization.

Leasing

Lease financing is based upon the fact that a municipality uses a property instead of buying it. A
properly constructed lease is not considered a public debt. "Lease-purchase" agreements (in
which the municipality leases a facility while purchasing it) and "sale-leaseback" agreements (in
which the municipality sells a facility to a lessor and then immediately leases it back) offer
several advantages over other financing methods.

 A municipality can obtain a facility without a large initial investment. The municipality can obtain quick cash for a facility (although the cost of repaying the lease will exceed the sale price). A lease can be used to spread the cost of a facility over a long period of time. There is also a combination of leasing and third party financing. Using lease financing is not without its drawbacks. The agreements necessary are complicated and expensive and therefore are suited for bigger investments. The municipality is still responsible for design, implementation and maintenance of the street lighting.

We can offer our clients  assistance with unique financing without any initial investment. For more details call:  +1  210 390 41 41