Leading Off Grid Solar Systems Provider
We have been supplying quality Off Grid Solar Systems to the residential, commercial, and industrial markets since 2010.
Off Grid Solar Systems uses the sun to generate electricity during daylight hours and therefore has no continual costs once the system is installed.
Currently, solar energy delivers between 18% to 25% return on investment per year based on electricity savings, outperforming any other financial investment you make. Investing in Off Grid Solar Systems to save on your electricity bill is the best investment you can make right now for your business or home over the next 20-25 year period.
Off Grid Solar Systems
Advantages
- Can operate independent of the Grid
- Available in various configurations
- Reliable supply of power when using with a generator
- Supplies power even if no grid is available
Disadvantages
- Battery daily cycles could shorten battery life
- Once batteries are fully charged the PV power is dissipated
- Batteries need to carry 3 days autonomy
- Quality batteries are expensive
- Batteries lifespan is less than that of Inverter and PV Modules
Various Finance Options Available:
Bond Finance
This option suitable for residential and commercial property owners
Advantages
- Affordability is one of the biggest advantages of bond finance as the terms allow for very low monthly payments in comparison to traditional finance options that run over shorter terms.
- Flexibility is key with bond finance as the customer can decide to pay extra when they can afford to do so and save on interest.
- Property values over the long term tend to grow, especially if funds are applied on improvements or off-grid solutions, which cancels out the debt incurred.
- Available Banks: Nedbank | Standardbank | FNB | ABSA | Investec | Capitec
Instalment finance for businesses
With instalment sales ownership of the asset is automatically transferred to you once the final instalment on the lease has been paid. This lease is treated as on-balance sheet funding, and depreciation can be written off. Interest is charged on the full capital amount, including VAT.
Option available with Standardbank and Netbank
Power Purchase Agreement (PPA) - for solar systems 200kw and up
A Power Purchase Agreement (PPA) gives our clients the option to benefit from renewable energy without having to invest any capital. Under a PPA we will purchase, install and operate an energy generating facility on your premises, the energy produced by the system will then be sold to you at an agreed upon rate (Rand per kWh).
Contract lengths typically range between 10 and 20 years, with this duration governing the rate as well as the annual escalation. We aim to provide immediate savings by providing a rate lower than the municipal tariff.
During the entire contract period NrG will own the system, performing all Operations and Maintenance thereby taking on all performance and technology risk.
SwitchPay
Loans up to R300 000
switchpay.co.za
What our clients are saying
