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Interesting proposition! (PAH)

Dave Yates (PAH)
Dave Yates (PAH) Member Posts: 2,162
I just got off the phone with a commercial account. Lots of need for new equipment (theirs is very inefficient) & the owner wants to partner with an installer or manufacturer or both to have them install and maintain the equipment. The catch is he wants the manufacturer and/or installer to bankroll the installations while getting their return on the savings from fuel usage. He spent several hundred thousand on fuel this past winter & hi-e stuff would no doubt save close to 30% annually.

Large co-generation plants have done this & their owners gotten rich.

Anybody here ever enter into an agreement like this before?

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Comments

  • Boilerpro_3
    Boilerpro_3 Member Posts: 1,231
    Talk to Johnsone controls

    I believe they used this type of agreement as a sales device to my local school district here in Northern Illinois.

    Boilerpro
  • Paul Pollets
    Paul Pollets Member Posts: 3,665
    Buderus...

    ...as well as Viessmann make co-generating equipment. Chris Rorke, at Blueline Supply, has extensive background in the equipment and setup. He's also a mechanical engineer. He can be reached at (307) 733-3953 in Jackson Hole, WY.

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  • jwade55_3
    jwade55_3 Member Posts: 166
    Building Automation.

    Companies do this all the time, usually however they involve a banker to front the $$$. By preparing a VERY thorough ROI/energy analysis presenting to a lender is no more difficult than pitching a business idea. I've done it with churches and small local banks, where a principal of the bank is a member of the church. I also think that there are some specific lenders that do this all the time, but I don't have the names here right now.

    I know that American Standard has a lending program for their equipment and their installers services, but this is a fixed interest rate deal.

    J
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