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Reduce Your Capital Expenditure Costs With Long Term Hire Solutions

In times of political and economical uncertainty, capital expenditure budgets are often put on hold, or placed under increased scrutiny. This can mean your processes and applications are having to make do with aging and in-efficient temperature control equipment, increasing your energy consumption costs and lowering your profitability.

Hiring your temperature control equipment offers the following benefits:

  • Quicker sign off for hire vs capital sales budgets
  • Take control of your budget with one regular payment
  • Flexibility of hire allows you to expand as your production expands
  • Reduced rates the longer the contract
  • No need to worry about F-Gas/HFC phase down
  • Full turn-key solutions provided

Quicker sign off for hire vs capital sales budgets

There will come a point when your temperature control equipment will need replacing. Depending on your requirements, this can be a costly process that will require capital expenditure sign off. Under normal political and market conditions, this may not be a problem, but in times of uncertainty, this can cause problems. Hire often comes from a different budget and so if no capital is available hire can still be an option.

Take control of your budget with one regular payment

Depending on the demands placed on your temperature control equipment, the quality of water and glycol used in the system (where relevant) and how well they are maintained, in-efficiencies, breakdowns and problems can occur. These problems can be costly to rectify, both in terms of the cost of fixing the problem, and also the cost of any downtime caused as a result of the failed equipment.

For one regular payment you can predict your costs with no nasty surprises as hire coves maintenance, breakdowns and repairs (so long as equipment not neglected or misused). If it can’t be repaired, replacement equipment will be provided in a timely manner. This means you can control your budget and lower any downtime caused as a result of the problem.

Flexibility of hire allows you to expand as your production expands

With ICS Cool Energy the hire is flexible, we are willing to flex equipment size up and down as our customers needs change without any penalty, although the hire rate will increase if the equipment gets bigger. Our hire agreements range from 1 week to 5 years and therefore you can hire temperature control equipment according to your budget and confidence in business growth. With no deposit required, your initial outlay to hire equipment is going to be significantly less than purchasing it, with the added bonus of knowing you have peace of mind with everything included in your regular payment.

Reduced rates the longer the contract

The longer the customers commitment, the lower the weekly hire charge. Meaning a 5 or 10 year contract can greatly reduce your regular payments making hire much more affordable. Purchasing the equipment on its own might cost less than hiring it over a long period, but when you factor in service, maintenance and any breakdown costs over the products lifecycle, it is often much cheaper to hire. We offer 5 contract options to provide a flexible hire solution to meet every need and requirement.

No need to worry about F-Gas/HFC phase down

F-gasses are a range of greenhouse gasses commonly used in modern refrigeration and air-condition units and are governed by stringent regulations. The regulations in place are seeking to phase them out in favour of more climate friendly refrigerants with lower Global Warming Potential (GWP). The phase down is taking place over 2 year periods.

Replacing your temperature control equipment, or refrigerant (if possible) can be a costly exercise. We ensure that our hire equipment will remain legal and would, if necessary, exchange equipment if it was ever to became illegal. For example, if you took out a 5 year contract and 3 years into the contract, new legislation came into place accelerating the phase down.

Full turn-key solutions

Our service is tailored to our customer’s need, many know what they want and when they want it and are capable of installing it themselves, however many more benefit from our experience and opt for our comprehensive advice and installation/commissioning service. We can help by advising on energy efficiency and by providing comprehensive contingency planning to assist customers in coping with those times when your own plant may fail due to foreseen or unforeseen circumstances. We provide full-turn key solutions and can design, deliver, install and commission complete temperature control solutions tailored to your budget and exact requirements.

Conclusions

Many companies purchase their temperature control equipment out of habit, but hiring it can save your capital expenditure budget and offer much more flexibility. This is ideal in times of economic and political uncertainty, as these market conditions can greatly affect your production and output.

The flexibility of hire means your fleet of equipment can grow or expand to match your production. Our hire contracts also provide you with the very latest energy efficient equipment to lower your manufacturing overheads and include all service, breakdown and replacement costs, in one manageable regular payment.

All hire equipment is support by our expert staff throughout the hire period, this includes 24/7 telephone support (help desk style) and when appropriate onsite support from our trained and experienced staff. This support means our customers can concentrate their expertise on mission critical activities and leave the care of their heating or cooling equipment to us.

Find out more today by calling our Hire Team on 0800 840 4210.

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