FINANCE OPTIONS
Tailormade financial solutions
As with any investment, a detailed financial analysis of all energy solution options that are available is required upfront when considering an investment in solar PV.
We help our clients with this by giving guidance on cost estimates, and assisting them with financial projections to identify scenarios that would offer the best return on investment. We can also assist with obtaining financing, as we are aligned with several private financiers, as well as with the major banks.
Apart from cash or financed options, we also offer the following innovative solutions to suit businesses’ specific operational and balance sheet requirements:
Lease-to-own
A lease-to-own financial model is an attractive solution to have the benefit of a solar power system, but without a large, upfront capital investment. In this financial model the client does not own the plant, but has complete advantage of it through fixed monthly instalments.
Lease periods are generally between 20 to 25 years. During this period Advanced Energies Africa monitor and maintain the plant. At the end of the lease period, the client has an option to renew the agreement, or to purchase the system. The latter can also be negotiated at any time during the agreement.
A lease-to-own agreement offers the following benefits:
- No upfront investments or monthly service and maintenance costs. Immediate financial savings on the cost of electricity
- Risk free – availability of the system is guaranteed, and service levels are determined beforehand
- No maintenance, insurance, or unforeseen costs
Energy wheeling
Clients at locations across the country can buy electricity directly from us by way of energy wheeling.
Energy wheeling is the process of transmitting privately-generated renewable energy across the national grid from where the generating resources are located, to clients in other locations. It involves financial transactions and virtual trading of power in which the energy supply from the energy generator, is balanced with the consumption by the end user.
Energy wheeling offers the following benefits:
- Immediate access to affordable renewable energy when a client’s premises or business operation do not allow for the installation of a dedicated solar PV system
- No capital investment required
- Up to 50% reduction in electricity costs
- Supporting and contributing towards sustainability in energy supply without having to invest in own solar energy solutions
- Uninterrupted power supply is possible when wheeled power is combined with battery energy storage systems
