Leasing Benefits - Outdoor Lighting
Leasing gives you the option of paying a monthly charge for the use of the lighting sytem instead of paying the full cost of the equipment and installation upfront. When you lease lights from Georgia Power, you will not have to worry about your lights again. We will answer your call with our 24/7 trained customer service representatives. Your outdoor lights will be quickly serviced, repaired, and maintained on an ongoing basis by our professionally trained service technicians.
Benefits of Leasing :
- No Upfront Cost
- Repair / Replacement of damaged lights.
- Expert installation services
- Know about future upgrades
- No supplier hassles
- Stocked parts for quick replacement times
| Option | Lease | Purchase |
| Up-Front Capital | Minimal or none. | Required to cover cost of installation |
| Warranty | Georgia Power maintains the equipment for the life of the lease. | One year on parts and labor to cover manufacturer defects or improper installation. |
| Maintenance | Included in monthly lease charge and provided by Georgia Power upon request. | Costly and a hassle; provided by employees or third party contractor. |
| Service Guarantee | Three days overhead / Five days underground. | None. |
| Damage by "Acts of God" | Georgia Power will replace or repair system at no additional charge. | Must be covered on as-needed basis; may be covered by insurance. |
| Energy Cost | May be included in monthly lease charge, often at an attractive rate. | Not included. |
| Cash Flow Benefits | Minimal or no large initial cash outlay; frees up cash for your business expansion or operations. | Large initial outlay; ties up your cash. |
| Tax Benefits | Leasing cost is expensed on current basis; potential tax benefits are realized in current year. | Depreciation is expensed in future years, which may defer potential tax benefits to your business. |