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Spirax Rental Enables Steam System Operators to Fund Energy-efficient Investments with No Upfront Costs - Spirax Rental enables steam system operators to fund energy-efficient investments with no upfront costs - SpiraxSarco.com
Spirax Rental Enables Steam System Operators to Fund Energy-efficient Investments with No Upfront Costs

 

PRZOOM - /newswire/ - Blythewood, SC, United States, 2012/08/10 - Spirax Rental enables steam system operators to fund energy-efficient investments with no upfront costs - SpiraxSarco.com.

   
 
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Spirax Sarco has launched Spirax Rental to help steam users make the energy-saving investments they need to save money and reduce their carbon footprint without delay.

Capital budgets are being squeezed across the board, making it difficult for many steam system operators to invest upfront in projects that could otherwise be saving them money. Spirax Sarco now offers rental options to help operators carry out projects sooner and immediately reap the benefits of eliminating wasted energy. The resulting savings effectively make many projects self-funding.

“Many organisations are wasting money operating and maintaining ageing, energy-inefficient plant and equipment,” says Steve McKie, National Specialist Sustainability, Spirax Sarco. “That’s real money already being spent every month. That makes no sense when the money could be used to reduce energy consumption by installing Spirax Sarco products that will deliver energy savings and reduce maintenance costs.”

Depending on the scope of the project, monthly payments under the new scheme can be used to cover the cost of design, new equipment, installation and removal of old equipment.

Steam users can choose several options at the end of their rental agreement.

For example, private companies may opt to pay a peppercorn rent to continue using the equipment, or they may choose to purchase the equipment outright for just 1% of the original cost. Public sector users have the added option of reducing their monthly payments by agreeing a particular residual value for the project, in which case, extension payments will reflect that residual value.

For more information on the Spirax Sarco Rental Services please visit spiraxsarco.com/.

 
 
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Spirax Rental Enables Steam System Operators to Fund Energy-efficient Investments with No Upfront Costs

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Spirax Sarco |
Contact: Press Office - SpiraxSarco.com 
+44(0)79 7750 6029 steve.mckie[.]uk.spiraxsarco.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Spirax Sarco securities in any jurisdiction including any other companies listed or named in this release.

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