Hear the latest on low carbon leasing

18/02/2010

In London on Tuesday? The FLA’s modelling of the Government’s new feed-in tariffs is showing some very positive results. The FLA’s findings, and their consequences, are to be discussed at an afternoon seminar on Asset Finance for Low Carbon Equipment on Tuesday, 23 February, taking place at the Grosvenor House Hotel, before the FLA’s Annual Dinner.

The line-up of panelists includes technology equipment manufacturers and lessors such as GE, Siemens, RBS, and Lloyds. (Full programme at http://www.fla.org.uk/events/view-58)

The Government recently announced new feed-in tariffs for consumers and businesses, claiming that the tariffs could result in returns of up to 7 percent, but sceptics questioned if such a high return was realistic. Earlier, the FLA had run calculations for leasing, looking at business cases from the point of view of a business investing in solar PV, wind turbines, and electric vans. The results were mostly negative, it still doesn’t make sense to invest in these technologies, unless it’s for the green credentials.

But, the FLA’s research suggests that with the new feed-in tariffs, the leasing industry is not far-off from being able to offer lease terms which could make the investment work from the user’s point of view. The research is apparently attracting attention in Government circles, and it is relevant not only to business finance, because if leasing equipment works for business installations, the next step would be consumer.

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