Power Generators are used in case of power failures to supply power to the equipment where the start-up delay from the generator is not a concern. They are typically used where high loads are expected and are less expensive to install than Inverter Backup systems.
- Less expensive compared to Inverter Backup systems
- Bigger generators take up less space than the same size Inverter system
- Generators are noisy and have to be installed in well-ventilated areas
- Generators have a time delay between when the grid fails and when the generator supply starts
- The generator has to be serviced annually or after a certain amount of running hours
- Increasing the size of a generator backup system is not always possible
Various Finance Options Available:
This option suitable for residential and commercial property owners
- 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.
Loans up to R300 000