Energy Efficiency Lease Ag (Eel/Eelease)

Energy Efficiency Lease Ag (Eel/Eelease) company information, Employees & Contact Information

EEL creates and operates lease solutions tailored to the needs of municipalities who need to reduce CO2 emissions and improve energy consumption efficiency levels, all without increasing expenses. The operating lease allows the municipality to have access to modern technology with an affordable payback over 15 years. The niche market is small towns in need of reducing their overall budget and not being able to raise the needed funds to upgrade their infrastructure. EEL offers the full package of product, service and financing which allows the municipality to stay within the Governmental and European guidelines. European legislation, Stability and Growth Pact ("SGP") and the 2020 climate & energy package ("Climate Package") has left small and medium municipalities without the means to replace aging infrastructure, reduce CO2 emissions or improve energy consumption efficiency. EEL intends to solve this problem by offering a 15 year operating lease solution tailored to the needs and within the budget of the European municipalities. The target market of small and medium municipalities is by far the largest in Europe representing the majority of the population. Moreover, private companies, which provide similar financing, mainly focus on large municipalities, thereby leaving the small and medium municipalities untouched. EEL is a no frills financial services (operating lease) business with highly automated sales and operating processes. EEL purchases the lamps, while the supplier delivers them directly to the municipalities. Moreover, the supplier offers a guarantee over 15 years for the lamps, limiting the need of further involvement of EEL. The municipalities are responsible for installation and maintenance. However, EEL offers municipalities a 1% contract value contribution against installation costs.

Company Details

Employees
1
Founded
-
Address
Poststrasse 24, Zug,6300,switzerland
Industry
Financial Services
NAICS
Finance and Insurance
Monetary Authorities-Central Bank
HQ
Zug
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