Efficiency Retrofit Lease
We are proud to partner with Metrus Energy to introduce the Efficiency Retrofit Lease, a financing solution which enables clients to implement an efficiency project without an upfront investment. Metrus funds all development and construction costs with repayment based on a fixed, recurring expense. Lease payments are designed to be less than the cost savings created by the project, thereby providing customers with cash flow savings in addition to avoiding upfront capital costs.
The Efficiency Retrofit Lease is designed for clients that do not require ongoing maintenance services and the accounting treatment offered by Metrus Energy’s Efficiency Services Agreement (ESA). Compared to traditional capital leases, Metrus’ Efficiency Retrofit Lease can fund a broad range of measures with more flexible terms.
Efficiency Services Agreement PACE Program Funding & Management