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Your energy equipment
payment solutions
payment solutions
Your energy equipment
payment solutions
payment solutions
If your business is ready to get new energy-efficiency equipment, you have a few payment options available. The table below outlines the key differences between each.
How it works
You pay for your system outright.
You get the equipment through a Smart Ease payment plan – and with no initial capital outlay.
The amount you save on your energy bill will typically exceed your monthly instalments straight away.
Your system is owned, maintained and insured by our PPA provider.
The PPA provider sells electricity to you at an agreed rate (c/kWh) throughout the agreement – which is generally lower than the rate you would pay from grid.
Key reason to choose
You have the capital available to pay for the system up front.
Your capital is tied up or best invested elsewhere in your business.
You have a large or complex system and do not have the time or resources to operate it.
Key benefits
Costs less in the long run.
• No up-front cash investment
• Capital can be invested elsewhere in your business
• Lower energy bills and most likely cash-flow positive from the start
• Fast turnaround time from payment plan approval to installation
• Good for simple and smaller installations
• No up-front cash investment
• Capital can be invested elsewhere in your business
• Lower energy bills and most likely cash-flow positive from the start
• No risk associated with ownership
• No resources needed to operate, maintain or insure your system
• Electricity can be claimed as a tax-deductible expense
Up-front cost
Yes
No
No
Monthly repayments
None
Fixed
Variable
(based on energy generated)
Typical agreement term
Not applicable
2-10 years
7-30 years
Indicative costs (c/kWh)
$0.11
$0.11-$0.25
From $0.06
Who owns the system?
Your business
Chattel Mortgage option
• You own the equipment and it’s on your balance sheet as an asset/liability
• Claim interest and depreciation as tax-deductible expenses or
• Claim 100% Instant Asset Write-Off if eligible^ until June 2023
Rental option
• Smart Ease owns the equipment
• You can offer to buy at the end of the term
• Typically a fully tax-deductible operating expense
• Our PPA fund owns the system
• You have the option to buy it out at any time during the term of the agreement
• Electricity can be claimed as a tax-deductible expense
Your level of responsibility for the system
High
High
Low
Other considerations
–
You can get approved for energy-efficiency equipment valued up to $150k without financials.*
If you’re a tenant, you can vacate the premises at the end of your lease and terminate the PPA with no termination fees to pay (if your landlord agrees).
How it works
You pay for your system outright.
Key reason to choose
You have the capital available to pay for the system up front.
Key benefits
Costs less in the long run.
Up-front cost
Yes
Monthly repayments
None
Typical agreement term
Not applicable
Indicative costs (c/kWh)
$0.11
Who owns the system?
Your business
Your level of responsibility for the system
High
How it works
You get the equipment through a Smart Ease payment plan – and with no initial capital outlay.
The amount you save on your energy bill will typically exceed your monthly instalments straight away.
Key reason to choose
Your capital is tied up or best invested elsewhere in your business.
Key benefits
• No up-front cash investment
• Capital can be invested elsewhere in your business
• Lower energy bills and most likely cash-flow positive from the start
• Fast turnaround time from payment plan approval to installation
• Good for simple and smaller installations
Up-front cost
No
Monthly repayments
Fixed
Typical agreement term
2-10 years
Indicative costs (c/kWh)
$0.11-$0.25
Who owns the system?
Chattel Mortgage option
• You own the equipment and it’s on your balance sheet as an asset/liability
• Claim interest and depreciation as tax-deductible expenses or
• Claim 100% Instant Asset Write-Off if eligible^ until June 2023
Rental option
• Smart Ease owns the equipment
• You can offer to buy at the end of the term
• Typically a fully tax-deductible operating expense
Your level of responsibility for the system
High
Other considerations
You can get approved for energy-efficiency equipment valued up to $150k without financials.*
How it works
Your system is owned, maintained and insured by our PPA provider.
The PPA provider sells electricity to you at an agreed rate (c/kWh) throughout the agreement – which is generally lower than the rate you would pay from grid.
Key reason to choose
You have a large or complex system and do not have the time or resources to operate it.
Key benefits
• No up-front cash investment
• Capital can be invested elsewhere in your business
• Lower energy bills and most likely cash-flow positive from the start
• No risk associated with ownership
• No resources needed to operate, maintain or insure your system
• Electricity can be claimed as a tax-deductible expense
Up-front cost
No
Monthly repayments
Variable
(based on energy generated)
Typical agreement term
7-30 years
Indicative costs (c/kWh)
From $0.06
Who owns the system?
• Our PPA fund owns the system
• You have the option to buy it out at any time during the term of the agreement
• Electricity can be claimed as a tax-deductible expense
Your level of responsibility for the system
Low
Other considerations
If you’re a tenant, you can vacate the premises at the end of your lease and terminate the PPA with no termination fees to pay (if your landlord agrees).
Ready to know more?