RENT-TO-OWN
60 MONTH CONTRACT
COBALT
SYSTEM VALUE INCL VAT R159 999-
8 x 455w Solar Panels
-
5kWh Battery
-
5kw Inverter
SILVER
SYSTEM VALUE INCL VAT R252 449-
14 x 555w Solar Panels
-
10kWh Battery
-
8kw Inverter
GOLD
SYSTEM VALUE INCL VAT R284 999-
14 x 535w Solar Panels
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10kWh Battery
-
12kw Inverter
PLATINUM
SYSTEM VALUE INCL VAT R579 499-
24 x 555w Solar Panels
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21.4kWh Battery
-
16kw Inverter
More information
WHY SWITCH TO SOLAR NOW?
Eliminate those monthly surprises. Electricity rates from Eskom have increased on average over 10% per year. Eskom has requested increases of over 32% for the next year. Plus, Eskom’s performance means we might have a few more heavy increases in the future. Lock in your electricity rates now and save BIG.
Your New SOLAR system is GUARANTEED to pay for itself with your electricity savings. Once paid off, you’ll be producing FREE pure, clean, green energy. No other home improvement continues to put money in your pocket, month after month after month.
Financing is easily available with numerous options. We’re experts when it comes to financing your Solar project. You could even be cash-flow positive from day one. Solar adds value to your HOME without increasing your property taxes
HOW DOES IT WORK?
1
Choose your solar Solution
If your family home or small business is in need of electricity back-up, a battery only solution is ideal for you as it will provide you with power when Eskom is down or during an unexpected power cut.
A hybrid solar solution (which includes solar panels and a back up battery), reduce the cost of your electricity consumption as well as avoid the effects of load shedding.
2
Rental Agreement
The electricity user (customer) rents a solar power system or a back-up battery solution from SolarEPC Rentals (the system owner).
The customer pays a monthly rental fee and uses all the electricity produced by the solar system and/or enjoys the benefit of no unexpected power cuts.
3
PV System Installation
SolarEPC Rentals installs and commission’s the chosen solution on the property of the customer. The customer rents the system from SolarEPC Rentals for a period of 7 years.
4
PV System Installation Operation
The customer operates the system, uses all the electricity produced by the solar panels, enjoys savings of up to 90% on his/her electricity bill and/or avoids load shedding and any other unexpected power cuts.24/7 support and advice is provided by the system owner on how to maximise your energy output.
4
PV System Installation Ownership
At any point after the initial 8 months the customer can elect to buy out the system at a value determined using a depreciation of 1% per month. At the end of the 7 year rental period, this buy out value is however reduced to just 10% of the original system value. The customer then becomes the owner of the system and continues to save on his electricity bill without the added monthly rental fee.You have the flexibility of transferring the rental contract to a new homeowner at any time before the end of the 7 year rental period.
RENTING SCENARIO
Typically, Sarah consumes 70% of her electricity between 4pm and 8am. Her average electricity bill is R2,000.
According to the current electricity tariffs Sarah is paying an average of R2.28/kWH (incl VAT) for her electricity consumption.
If Sarah were to install 14 x 365watt panels on her roof and install our 11.4kW battery, we estimate that she will save R1,350 on her electricity bill per month.
Sarah will also be able to retain 20% of the battery capacity at all times for the event of a possible power outage or load shedding.
If Sarah takes advantage of our rental option she will pay R2,945 a month to rent the full system while saving the R1,350 on her electricity bill, resulting in an additional cost per month of only R1,595
CONCLUTION
Sarah is now free from the effects of load-shedding and after renting the system for 7 years he will be able to buy the system at just 10% of its original cost knowing that the panels had a 25 year life span and the batteries will still have at least 80% of their original capacity at the end of the 7 years.
SOLAR POWER
A solar rental agreement is your best option when you...
1
Do not have large upfront capital to invest in a solar power system
2
Are interested in using electricity which is generated from renewable sources
3
Want to avoid the responsibility of maintenance and repairs for a solar system
4
You want support with and advice on the operation of your solar system
5
Are not eligible for tax incentives as a result of a solar power investment
FREQUENTLY ASKED QUESTIONS
Yes. The rental agreement can be transferred to the new owner subject to a R1,750 administration fee being payable by the customer and provided the new owner qualifies for the same rental product, sign’s a rental agreement in his\her name on the same terms and conditions as agreed with the original customer.
At the end of the 7 year rental period, your deposit held by SolarEPC will cover the buy-out price in full.
At any point after installation the customer can elect to buy out the system at a value determined using a depreciation of 0.5% per month during the first three years and 1% per month thereafter plus a 1% cancellation fee.
Yes, when you enter into a rental contract, SolarEPC Rentals will offer free telephonic and online technical support with the monitoring software, the interpretation of data and advice on load usage and load shifting to ensure that the system is performing optimally .
RENTING INTRODUCTION
SolarEPC launched their sectional title product in 2022. Owner’s in residential complexes, collaborating through their Homeowners’ Association gives many advantages and huge cost savings with access to affordable solar energy AND backup. Even more importantly, with a Power Purchase Agreement from SolarEPC – there is zero upfront investment.
SolarEPC will pay for, install and maintain a set of solar panels which are placed at the residential complex. Sectional title owners use all the solar energy produced to lower their electricity costs and reduce what they pay to the municipality. SolarEPC can also put a full, centralised battery system into place to remove all the hassles and irritation of load shedding.
BENIFITS OF COLLABORTATING THROUGH A HOME OWNERS ASSOCIATION
SolarEPC launched their sectional title product in 2022. Owner’s in residential complexes, collaborating through their Homeowners’ Association gives many advantages and huge cost savings with access to affordable solar energy AND backup. Even more importantly, with a Power Purchase Agreement from SolarEPC – there is zero upfront investment.
SolarEPC will pay for, install and maintain a set of solar panels which are placed at the residential complex. Sectional title owners use all the solar energy produced to lower their electricity costs and reduce what they pay to the municipality. SolarEPC can also put a full, centralised battery system into place to remove all the hassles and irritation of load shedding.