PAYMENT SOLUTION
With our payment solutions for solar panels and storage, LEDs and more, you can start saving instantly and take control of your energy costs.
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Get on top of costs
Get bills under control and give your business certainty over future costs.
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£0 upfront
Get bills under control and give your business certainty over future costs.
Better for cashflow
Savings on bills can make your equipment cashflow positive instantly
Fast and easy
Use our simple online application and get instant approval for transactions up to ​£100k
Get on top of costs
Get bills under control and give your business certainty over future costs.
Subject to credit criteria and approval
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Payment Plan –
Rental Agreement
Payment Plan –
Hire Purchase Agreement*
Power Purchase Agreement (PPA)
Types of equipment
Energy-efficiency equipment
Available for storage and solar only
How it works
Customer buys energy-efficiency equipment through a Smart Ease payment plan – with no initial capital outlay.
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The equipment supplier then installs energy-efficiency equipment and gets paid by Smart Ease.
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Customer’s energy bill is lower. Customer pays Smart Ease for the equipment in fixed monthly instalments for the agreed term.
The system is owned, maintained and insured by our PPA provider.
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The PPA provider then sells electricity back to the customer at an agreed rate throughout the agreement.
This rate is generally lower than grid-sourced energy.
Good for
Smaller installations <50kW.
Customers who want to keep capital free for other projects.
Larger or more complex projects – less hassle to fund, install and maintain.
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Customers who want to keep capital free for other projects.
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Risk-free ownership –no resources needed to operate, insure or maintain your system.
Apply online (without financials)
Up to £100k**
Up to £100k**
n/a
Up front cost
£0
£0
£0
Ongoing costs
Customer pays fixed monthly instalments for the agreed term.
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For solar equipment: The amount saved on energy bills typically exceeds your monthly instalments – making it cash-flow positive from day one**.
Customers pay variable monthly costs based on the energy generated by the system.
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Monthly costs are generally lower than grid-sourced energy.
Term of agreement
Up to 10 years for transactions over £100k
Up to 10 years for transactions over £100k
7-30 years
Who owns the equipment
Smart Ease owns the equipment.
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The customer has an option to offer to buy the equipment at the end of the agreement.
The customer hires the equipment from Smart Ease and does not own it until they make the final payment however it is on their balance sheet as an asset / liability.
Our PPA partner owns the system.
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The customer has an option to buy it out at any time during the term of the agreement.
Tax notes^
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These notes have been prepared for informational purposes only and do not constitute tax advice.
In most cases, a fully tax-deductible operating expense.
Customer may be able to claim interest and depreciation as tax-deductible expenses.
Electricity used and paid for can be claimed as a tax-deductible expense.
*A Hire Purchase Agreement is an agreement where a lender provides you equipment that you can use (hire) a fixed term and fixed payment amount. At the end of the term you have the right to buy the equipment for a set amount (typically £100.00 + VAT). Even though you don’t technically own it until the final payment, it is considered a notional sale so you recognise the equipment on your balance sheet and can depreciate it.
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**Subject to credit criteria and approval.
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^Smart Ease Pty Ltd and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.