- PCs and Servers to 1.5kVA
- Servers and Networks to 3kVA
- Comms Room UPS to 20kVA
- Datacentres 10-800kVA
- Rackmount 500VA-40kVA
- Modular Systems 25kW-1MW
- Models by Size 500VA-800kVA
- Models by Technology
- Extended Backup Times
- Single Phase 400VA-20kVA
- Three Phase 10-800kVA
- Containerised UPS Systems
- 120Vac US Systems
- Telecoms UPS
- Industrial Plants
- Marine and Offshore Systems
- UPS with an Energy Saving Eco Mode
- UPS with Super Capacitors
- UPS with Lithium-ion Batteries
- UPS with Flywheels
- Power Distribution
- Battery Systems
- Voltage Management
- Energy Management
- Power/Energy Monitoring
- Renewable/Off-Grid Power
Eco Power Services
- Battery Testing
- Battery Installations
- Generator Services
- Load Bank Testing
- Project Management
- Removals and Recycling
- Remote Site Monitoring
- Repair and Refurbishment
- Site Surveys
- Technical Helpdesk
- UPS/Generator Rentals
- UPS/Generator Relocations
- UPS Installations
- UPS Maintenance Contracts
- UPS Repairs/Spares
- Warranties and Extensions
- Witness Testing
- Eco Power Projects
Financing Your Critical Power Solution
Many organisations now use a ‘SaaS’ (Software as a Service) model for their software package. EcoPowerSupplies has adapted this model to help organisations spread the cost of their critical power system purchase over a fixed term.
How Critical Power as a Service Works
Instead of an outright purchase of any of our systems, clients can choose to take out a Finance or Operating Lease and purchase their power protection as a service; fully maintained including planned battery replacements. The term can range from 1 to 10 years or longer with typically a monthly or quarterly payment schedule.
Critical Power as a Service therefore allows clients to put a fixed term on their critical power protection installation to match any software or other hardware lease or rental arrangements they have (servers and IT infrastructure).
At the end of the finance period a client can extend the lease, purchase outright or choose to take out a new lease on a new system. Power protection technology continues to develop at a rapid space leading to more compact, high efficiency and eco-friendly systems. Using the C-PaaS model means that an organisation can ensure timely system upgrades at the end of an operating lease and benefit from new manufacturer warranties and technology developments.
Typical C-PaaS Finance Package Options
If we take a typical UPS installation at 80kVA with a 100kVA generator, the lease costs over five years would be £396.00 ex VAT per month. Within a lease EcoPowerSupplies can include:
- Installation: electrical contracting services, materials and commissioning
- Hardware: UPS, generators, switchgear, batteries, fuel cells
- Services: Maintenance contracts
- Software: remote monitoring software and adapters
- Battery monitoring: software and hardware systems
- Replacements: battery replacement, removals and recycling and spares
- System Removal: end of lease decommission costs
EcoPowerSupplies can arrange either a Finance or Operating Lease. Whilst the costs will be similar the differences between the two lease types depend on how an organisation wants the lease to affect its balance sheet.
This is a form of lease that transfers substantially all the risks and rewards incidental to ownership over a leased asset from the lessor to the lessee (our client). By signing the contract and delivering the leased asset, the lessor transfers economic ownership over the leased asset, while legal ownership is transferred only upon the expiration of lease, on payment of the final instalment. In a finance lease, the lessee uses the leased asset for most of its lifecycle, as with loans.
This is a form of lease whereby all the risks and rewards incidental to ownership over the leased asset remain with the lessor. In this case, the lessor retains the economic and legal ownership over the leased asset, while the lessee has only right of use. Upon the expiration of contract, the leased asset is returned to the lessor. Under an operating lease, the lessee uses the leased asset for less than its useful life.
Differences Between A Finance and Operating Lease
The difference between the Finance and Operating leases is in their tax treatment.
- The Finance Lease provider issues an invoice to the lessee immediately upon contract activation. The invoice contains the full obligation: principal + rent per contract (compound interest for the entire duration of the contract period) + all VAT (VAT on the leased asset, invoicing VAT, and VAT on the interest). Based on this, the lessee will include the piece of equipment in their Balance Sheet. Accordingly, the equipment will be recorded in assets, while the long-term commitment to lease will be recorded in liabilities. This piece of equipment is subject to depreciation. If it is a fixed asset for which the user is entitled to tax deduction, the invoice will be the basis for the deduction of the full amount of VAT.
- With an Operating Lease, the lessee receives a monthly invoice for their lease obligation. The invoice shows the net value + VAT. The net value includes repayment of principal + interest for the associated period. In this type of lease, there is no change in the lessee’s balance sheet. Monthly invoices for the lease are recorded as an expense and are reflected in the income statement. The leased asset is present in the lessor’s books. If it is an item for which the user is entitled to VAT deduction, the deduction will be made based on monthly invoices, where VAT is calculated for each monthly instalment.
It is relatively straightforward to apply for a finance quotation. We have to complete a quotation for your power protection system and ask you to confirm your preferred lease choice and fixed term. A finance quotation can then be provided. Payment schedules can be arranged to suite your cash-flow and budgets with most clients opting for monthly or quarterly payments.
For more information please contact your Account Manager or call us on 0800 612 7388 or email sales[@]ecopowersupplies.com.