Aura Light extends lighting rental scheme to 7 years to aid cash flow
Oct 19th, 2016
Since its launch earlier this year, Aura Light’s lighting rental scheme has seen a significant take-up by large companies wanting to spread the cost of their investment.
Aura is able to spread this investment over seven years so significantly reducing monthly and annual payments.
The benefits of the scheme are enormous. Under the banner ‘Lighting as a Managed Service’ (LaaMS), Aura Light provides lighting design, lighting installation, full maintenance cover and on-going lighting consultation throughout the length of the scheme.
By upgrading to a sustainable energy efficient lighting scheme using LED technology coupled with lighting management systems can save some 70% in energy savings, these savings paying for the systems and installation. With LaaMS there is no need for capital expenditure and no financial outlay as the lighting project sits off balance sheet and also takes advantage of tax benefits.
Simon Taylor, Aura Light UK’s managing director comments, “We are currently working with some major organisations such as warehousing, steel, recycling and local authorities which are utilising the LaaMS scheme. Energy costs are reduced from day one and monthly payments are adjusted according to projected energy savings, making the projects cash positive right from the start”.
Aura Light’s LaaMS scheme provides a full performance guarantee over the contract period and the new lighting installation will continue to provide large energy savings into the future. The scheme is ideal for all types of applications including offices, retail, hotels, education, factories, warehouses and for exterior lighting.
Under the scheme, Aura Light visits the company to conduct a survey of the existing lighting installation and energy consumption by a technical expert. This is then followed with the provision of a new lighting plan with a full financial calculation, together with energy saving and CO2 saving documentation. Once the project is agreed, it is entirely managed by Aura Light from start to finish including using its national base of installation teams to fit the lighting, and providing the financing and a performance guarantee during the full contract period. There are no maintenance costs as full maintenance cover is included as well as ongoing lighting consultation.
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