Rebates & Grants Implementing conservation through lighting is widely recognized as a valid way to cut your utility costs, reduce generating capacity requirements for utilities and produce improvements in air and water quality for the environment. Because of inefficiencies in power generation and transmission losses, more than one kilowatt of generation capacity is saved by each kilowatt saved by a utility customer's conservation efforts. For that reason there are a number of utility incentive programs in place throughout the country which provide actual cash payments to customers if they install energy saving lighting in place of existing inefficient lighting. To see if your utility has such a rebate program currently, visit dsireusa.org and eei.org/esg Non-profit organizations are especially advantaged. The Smart Lighting Inc. Investment Grade Audit is greatly enhanced when grant money is factored into the project justification. Smart Lighting Inc. is uniquely qualified to assist you or even prepare grant application documents. We have helped non-profits to gain grants. This found money 'frees-up' funds to support mission critical operations.

Internal Financing With competing requirements for capital, attractive projects are sometimes delayed or not done at all. When this happens the savings that would have been generated becomes an opportunity lost to the organization. The Smart Lighting Inc. Investment Grade Audit will reveal nearly everything one needs to know about the lighting project ... including the financials. The key to our Investment Grade Audit is the Smart Lighting Inc. proprietary software that we have written and maintained for over 15 years. The Investment Grade Audit will identify where each current kilowatt hour is used, how it will be impacted by modern technology and reveal the savings potential ... usually to the penny. Overall, we will convert and summarize the raw data into a management information report. This report features the financial specifics needed by senior management to make an informed decision. Frequently, the internal rate of return is greater than the rate of return that could be earned by alternate investments. Usually, this propels the final decision. If not, alternative financing is available.

Alternative Financing Plans The alternative financing approaches offered by Smart Lighting Inc. provide a means to install worthwhile projects without internal capital and thus realize a portion of the savings that would have otherwise been lost. Operating Lease - Equipment is installed with no up front payment and a monthly payment is made for a specific period. At the end of the project the equipment is purchased at fair market value Shared Savings - Smart Lighting Inc. covers all up-front costs including survey, design and complete installation; and a predetermined percentage of actual savings realized is paid by the customer for a fixed term. During the contract term maintenance expense is covered. Rental - Smart Lighting Inc. covers all project costs including survey, design and installation and the customer makes a small ongoing payment. There is no transfer of ownership or rental term. Savings Financing -There is no up-front cost. The actual savings are documented each month and paid to  Smart Lighting Inc. until the project cost is covered.