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Rent Vs. Buy: Which is right for you?

When it comes to choosing between renting or buying a generator or a cooling tower, the same sorts of questions apply. Sure, if you expect to use it all the time and don't run into any problems, know that your needs and capacity won't change, have access to trained staff and finances to take on all the responsibilities that owning one of these equipment may bring, then buying will probably be a good decision

On the other hand, if you only use your equipment for emergencies, it starts to have operational issues, or you realize six months down the line that it's not quite fit for purpose, you risk a severe case of buyer's remorse.

Renting a generator or a cooling tower can be the most cost-effective option for fluctuating needs or a temporary fix. Letting a provider tackle the responsibility of the maintenance and handling of specialized systems can maximize productivity and lower project expenses. 

It is often mistakenly assumed that renting power as a service can be more expensive than buying and operating on your own generators; the same goes for cooling and air conditioning equipment. However, in some cases, the option to rent could be cheaper than the option to buy.

Do what's best for your company

Several factors can influence your company's decision to purchase or lease equipment. To offer you a complete rental solution, it is necessary to consider the following points:

Urgency of need

  • Duration of need and application
  • Risk vs. Reward
  • Availability
  • Flexibility
  • Hidden cost and asset value
  • Service
  • Financial impact
 

How rental can be a better all-round solution

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Advantages of renting equipment with Aggreko

  • It allows you to focus on your business and your production goals 
    With the certainty that everything related to power, cooling, and air conditioning in your operations is in expert hands.
  • We go where you need us
    We can provide technical support when and where it's needed. We operate in some of the world's most remote locations and extremely harsh environments, so you can always trust our work.
  • Flexibility for your convenience
    If another fuel option becomes available to you in the future, you can change it. It can also quickly increase or decrease the energy demand adapting it to the needs of the companies. We even take care of spare parts and insurance.
  • Highly Qualified Personnel
    With a rental solution, you eliminate associated personnel costs, always ensuring that you have highly trained personnel , trained to the highest industry safety standards, available to operate your equipment.
  • We focus on our clients
    In addition to listening and responding to their needs, we also provide expert advice to offer appropriate solutions for present and future scenarios.
  • In constant innovation
    We continually optimize processes to increase efficiency and design and develop the products that best adapt to the dynamic energy needs of our customers.

 

Tell us what you need

Get in touch and we’ll help find what’s right for you