FINANCIAL PROGRAMS

Energy Savings Company – Lighting as a Service

As concerns surrounding greenhouse gas emissions, climate change and dwindling natural resources increase, there is a growing need for energy efficient technologies. Rising energy prices, financial constraints and bureaucracy also create a challenging environment full of obstacles and risk. The ESCO program provides a risk-free and comprehensive solution for clients. In the ESCO Program, CONXCORP assumes financial risk, providing upfront capital needed for key infrastructure projects. The comprehensive process includes 4 phases: preliminary audit, detailed analysis, implementation, post implementation, support and maintenance. Turnkey solutions keep clients “in the loop” without the headache of technical assessment, selection, implementation and maintenance process.

• No out of pocket costs
• Minimizes your financial risk
• Eliminates bureaucratic delays and hurdles
• Obtain superior technology immediately (ESCO holds the risk – will leverage quality products)
• Eliminate consultant, engineering costs

STANDARD PROJECT                                                                                                 

ESCO PROJECT

CONXCORP will pay for and provide the engineering, specification, design, project management, procurement, installation, recycling and ongoing maintenance of the lighting infrastructure, over a defined contract period.  This will be in exchange for a portion of the monthly savings obtained from the project over the defined contract period.

The base requirements to participate in an ESCO program are:

• Not be an embargoed or sanctioned entity
• Is stable from a political risk perspective
• Is credit worthy
• Has the ability to provide collateral against the contract
• Is a legally registered entity in good standings

NOTE: Additional requirements may be required once a projected has been identified and evaluated.

​ LED Lighting = Funding for other initiatives

There’s an old saying that “a penny saved is a penny earned”.  When tethering this idea to efficiencies associated with mission critical infrastructure (such as lighting), unique positive cash flow opportunities become available (Secondary Capital). Certain lighting infrastructures, such as public and institutional lighting, are considered mandatory.  In other words, they must run and they must be maintained.  In instances where these lights are not maintained, adverse circumstances arise.  For example, crime and violence rates climb while safety and productivity declines.  The costs associated with this downturn outweigh what it would have cost to simply maintain the lighting infrastructure in the first place.  In these scenarios, there is a recognized fixed and ongoing cost to maintain the existing lighting infrastructure.

Financial savings associated with the implementation of CONXCORP lighting technology can be captured using customized financial programs.  These significant savings can become an additional cash flow to fund other worthwhile initiatives and mandates.  As organizations stretch themselves looking for project funding, for many, the funding is already there; it simply needs to be unlocked through use of CONXCORP LED lighting.

• Less red-tape and bureaucracy
• ​Keeps you in control
• No unrealistic terms and conditions
• Does not add to your debt load
• Improves financial statements
• No unwanted partners or restrictions
• Low cost capital

In order for Secondary Capital to be meaningful, it is necessary to determine costs associated with the currently installed lighting infrastructure.  In many cases an audit will need to be conducted.  In others, existing plans and drawings will be used to conduct an analysis.  In either scenario, a base line cost will be identified, which ultimately is looked to be improved upon.  The resulting positive cash flow is what creates the Secondary Capital.

Although every environment is different and may require a unique approach, common input forms are used to help assist in determining this baseline cost.

NOTE: Additional requirements may be required once a projected has been identified and evaluated.

Most regions globally understand the benefits associated with energy efficient technologies and the need to adopt and promote them.  As a result, most regions have rebate programs that incent users to adopt these technologies.  Lighting is therefore eligible for many rebates.  Typically, an end user will convert from older, less efficient lighting to newer, longer lasting, more efficient alternatives.  Based on how much energy is being saved when upgrading from old to new systems, an associated dollar amount is available as a rebate incentive.

A CONXCORP representative takes the hassle and guesswork out of rebates and will process any available rebates on behalf of the end-user.  In fact, rebates dramatically improve ROIs and make it much more financially attractive to convert to LED.

To get in contact with a representative send an online request below, or contact us at rebates@conxcorp.com.

• Lower procurement costs
• Often eliminates need for financing
• Free money
• Improves ROI (return on investment)
• Allows for easier and faster adoption

Requirements vary from region to region. Common mandatory criteria is listed below:

• Fixture must be DLC or Energy Star listed
• Must be able to show demand/energy reduction
• Must have required rights and authority to have the Eligible Measure(s) installed

A CONXCORP representative will determine eligibility and ensure compliance with all required criteria.

The flexibility to adopt and evolve is an integral component of any successful project. The lease program provides customized and flexible solutions to meet specific client needs. At the end of a lease contract, clients can purchase the equipment at its current fair market value (or at a zero value), continue to lease, or terminate the lease. During the lease, clients are offered the option of upgrading the equipment at any time. Payment schedules are customizable and determined by the client prior to the signing of the contract. Monthly, quarterly, semi-annual, or annual lease payments are available. The Lease Program also provides access to cutting-edge technology and a team of experts that will handle all the details.

• Quality assets
• Better usage of capital
• Tax benefits
• Off-balance sheet debt
• Better planning
• Flexible
• Convenient
• Buyout option
• Option to upgrade
• Customized payment schedules
• Savings can pay for the lease                                      

Lease requirements will vary from region to region however key criteria for eligibility is as follows:

• Not be an embargoed or sanctioned entity
• Is stable from a political risk perspective
• Is credit worthy
• Has the ability to provide collateral against the contract
• Is a legally registered entity in good standings
• Have required rights and authority to bind a lease agreement

International procurement offers a unique set of challenges. Differences in customs, laws, languages, and currencies can be hard to overcome. CONXCORP works with various government owned entities to ensure projects are realized with significant assurances along the way.

The Canadian Commercial Corporation (CCC) is a government-owned enterprise that aids Canadian exporters in obtaining contracts with governments around the globe. The CCC can enter into a contract with most sovereign governments and can work with all levels of government. Sovereign Support reduces risk and provides clients with the guarantee the contract will adhere to the agreed terms and conditions. In addition, clients are assured that the CCC is committed to corporate social responsibility and sustainable practices.

• Timely
• Simplified process
• Reduces risk
• A trusted system
• A commitment to ethics