Assessment of Leasing
Features favourable for municipalities |
Features NOT favourable for municipalities |
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Types of EE projects or EE services suitable to be financed this way
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Investments with relatively high up-front cost based on the purchase of equipment, not modernization or renovation
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Acquisition of movable goods like vehicles, working machines, office equipment that can be returned resp. exchanged after the end of the utilization period. It is possible to keep up to the technical state-of-the-art.
Recommendations for deployment
The choice for leasing depends on many aspects such as:
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The direct financing costs compared to the lease payments
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Legal aspects, such as the ownership situation and its implications, conditions for contract cancellation
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Securities required by the lease provider
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Tax issues
Examples
In Austria leasing is a standard procedure in purchasing purchase vehicles, working and office equipment.
In Poland this financial instrument can be introduced / further developed following the example of the PolSEFF programme