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Rockwell offers four ways to save

01 March, 2002

Rockwell offers four ways to save

Rockwell Automation has announced a package of measures to help companies benefit from the energy-saving abilities of variable speed drives (VSDs). As well providing free energy audits, the company is offering four types of financial assistance through its Global Manufacturing Solutions division.

The factory audits, aimed at energy and financial managers, will identify areas where savings are possible, and will take account of the cost of borrowing, capital allowances and other financial aspects to produce a business case for a five-year period.

Customers will then be offered drive components, or fully configured systems, and a choice of four financial options:

• a five-year leasing agreement under which the customer never owns the equipment;

• a lease purchase option, where the customer owns the equipment and can claim an Enhanced Capital Allowance, cutting the investment cost by 27%;

• a pay-as-you-save facility where Rockwell will install the equipment at its expense and share the savings with the customer; and

• a new-for-old scheme where the customer buys new equipment at a substantial discount, replacing existing VSDs with the latest technology.