Costs and Incentives
Green Light offers exceptional value in both the purchase and installation of energy saving lighting systems. Best of all, because of our unique Pay-As-You-Save payment plan, as well as a host of government rebates and incentives, even your initial investment is vastly reduced.
- PAY-AS-YOU-SAVE - Green Light’s convenient payment plan allows you to pay for your system gradually. As your business realizes savings in energy bills, you’ll only make payments that reflect those saving!
- REBATES - Federal and State governments offer huge rebate incentive for businesses that install energy-efficient lighting. However, the application process is extraordinarily complex and is virtually impossible for laymen to navigate. Green Light is experienced in filing for and successfully securing all types of government rebates.
- FINANCING – Certain states offer attractive financing options for businesses upgrading to energy efficient lighting. Here too, the application and documentation process is daunting – but not for Green Light. These financing incentives can offer rates as low as 3% for qualified businesses.
- TAX INCENTIVES - The federal government offers generous tax deductions for installing energy-saving lighting. Although most capital improvement investments are pro-rated based on depreciation, the government allows $.60 per square foot of your area as an immediate tax deduction, for up to 100% of the project. That means that installing lighting for a 30,000 square foot area will result in an immediate $20,000 tax deduction. As in other governmental programs, this requires documentation and a project description that fulfills specific criteria. We’ll help you determine eligibility, and do the paperwork as well.