Powerstar, the world’s leading voltage optimisation (VO) system, is now part of an Asia Pacific alliance with Ultima Capital Partners, which is offering Australian organisations vendor finance on all Powerstar purchases including its new energy storage solution, Powerstar Virtue.
Because of the excellent average electricity savings of 12-15% per annum, the new financial arrangement can produce a positive cash flow from day one. This is particularly attractive for organisations that have impediments to purchasing capital equipment.
Mr Sam Czyczelis, Powerstar’s group sales manager Asia Pacific, said the new financing arrangement solves any problems that arise such as bank constraints and head office limits on capital expenditure.
“There are no upfront costs and the power savings gained are greater than the financing. It’s a very appealing proposal. Powerstar VO systems have a 50 year lifespan, so the cumulative whole-of-life net savings can be in the millions of dollars.
“Organisations can side-step funding restrictions and covenants by structuring the acquisition through a lease or rental arrangement, as they are not borrowing the money. In many cases, the only required security is over the equipment, which will be a big help for businesses.
“How could organisations not be attracted to a ‘self-funding’ energy-saving device that doesn’t cost them upfront to purchase or install, has a low payback period and produces an immediate positive cash flow?” Czyczelis said.
The complete press release can be read/downloaded from here.
Sam Czyczelis from Powerstar and John Fick from the Smart Power Alliance.
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