Energy Reduction Coalition
Funding solution(s): No out of pocket cost
Purchase to Acquire
Funding solution(s): Cash, Finance, MI Saves
Performance Contract/
Lease to Acquire
Funding solution(s): Finance
​+ Advantages +
​
-
Guaranteed reduction in lighting costs
-
Only pay for what you use
-
You choose the type of fixture
-
ERC does all cost analyses
-
No Initial cost
-
Improved productivity with a better work
-
Going green, environmental benefits
-
No long-term commitment
-
Not a lease but a user’s agreement.
-
Buy out your program at any time
​
​
​
​
​+ Advantages +
​
-
Reduction in Electricity costs, replacement bulbs, maintenance, and disposal costs.
-
Improved productivity with a better work environment.
-
Going green, environmental benefits.
-
Typically, no large up-front costs which frees up funds
-
Possible rebate from utility company
​
​
​
​+ Advantages +
​
-
Reduction in Electricity costs, replacement bulbs, maintenance, and disposal costs.
-
Improved productivity with a better work environment.
-
Increase the value of the business.
-
Going Green, environmental benefits
-
Receive a rebate from your utility company
​
​
​
​