Finance Options
RENTAL AGREEMENT
With a rental agreement, you pay a fixed monthly rental fee, which can be significantly lower than the upfront cost of purchasing and installing the system outright.
By renting a solar power system, you can start benefiting from solar energy and reducing your electricity bills from day one.
Rental agreements for solar power solutions often include maintenance and repairs as part of the package. This means that if any issues arise with the system, the rental company is responsible for fixing them.
With a rental agreement, you have the flexibility to upgrade your system to newer technologies as they emerge.
Rental agreements are often transferable, which can be beneficial if you decide to sell your property.
Rental agreements typically offer flexible contract terms, allowing you to choose the duration of the rental period that suits your needs.
Depending on your jurisdiction, rental agreements for solar power systems may make you eligible for certain tax benefits or incentives. These can include tax credits, rebates, or grants, which can further reduce the overall cost of the system or provide additional financial incentives.
POWER PURCHASE AGREEMENT
The solar developer or provider sells electricity to the customer at a predetermined rate, often lower than the prevailing market rates.
PPAs typically involve fixed pricing structures for the duration of the agreement, which can range from 10 to 25 years.
The solar developer or financing entity installs, owns, operates, and maintains the solar power system on the customer's premises.
With a PPA, the solar developer assumes most of the risks associated with owning and operating the solar power system.
Solar power reduces reliance on fossil fuels, decreases greenhouse gas emissions, and contributes to a cleaner and greener environment.
Businesses and organisations can accurately forecast energy expenses over the term of the agreement, facilitating better financial planning and budgeting.
PPAs can be structured to meet the specific energy needs of a customer. They are scalable, allowing for the addition of capacity as energy demand increases.
By partnering with a solar developer or financing entity, customers gain access to industry expertise and technical knowledge.
DOMESTIC FINANCE SOLUTIONS
By offering financing options such as low-interest loans or flexible payment plans, these solutions enable individuals and organizations to install solar systems without requiring a large upfront investment.
By financing solar power solutions domestically, individuals and businesses can start benefiting from these savings sooner, as the monthly loan payments are often lower than their previous energy expenses.
By financing the solar system domestically, individuals and businesses can retain ownership of the system and benefit from the electricity generated, which can be sold back to the grid or used for self-consumption.
Solar power is a clean and renewable energy source that helps reduce greenhouse gas emissions and combat climate change.
Homes and commercial buildings equipped with solar systems are often more attractive to potential buyers or tenants, as they offer reduced energy costs and environmental benefits.
