Lease financing for municipal energy-efficiency projects

Journal Article · Sun Apr 22 23:00:00 EST 1984 · Energy User News; (United States)

OSTI ID:6814686

MacLean, J C

A quick way for public institutions to acquire energy-efficient equipment is through a municipal lease, which is a tax-exempt installment-purchase contract. Energy management companies can combine this type of lease with a service package to finance eligible projects. The lessee is able to begin saving operating costs immediately, and pays lower interest because the lessor pays no taxes on the interest earned. This article describes several types of leases, the benefits for both lessor and lessee, and the most common lease terms. An important consideration is the shorter payback time (3.2 years or less) compared to the five year/10% interest of the debt period.

• Research Organization: Association of Physical Plant Administrators, Washington, DC
• OSTI ID: 6814686
• Journal Information: Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 9:17; ISSN EUSND
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
291000 -- Energy Planning & Policy-- Conservation
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320103* -- Energy Conservation
Consumption
& Utilization-- School
Municipal
& Other Public Buildings-- (-1987)
BUILDINGS
CONTRACTS
ENERGY MANAGEMENT SYSTEMS
ENERGY SYSTEMS
FINANCING
LEASING
PUBLIC BUILDINGS