Financing
Cash
Short, Medium & Long Term
Finance Solutions
See how we can help you
What are solar savings?
Eskom increases tariffs by approximately 13% per annum on average, so the amount of electricity you save every month from using solar panels and batteries instead of the grid, is referred to as solar savings. These savings actually compound every year by 13% – 20% as you are not paying Eskom for this power now.
We have Cash, Short Term, Medium Term and Long Term Solutions that we can assist you with.
These savings essentially pay for the cost of the capital you outlaid at the beginning to get the system installed.
Download the application form here Cash
Upfront
Paying cash for a solar system not only gives you the best Return On Investment (ROI), as you not having to incur interest from a finance house on the capital amount, but you can also claim a tax rebate for 100% of the system cost in the first year (tax rebate only applicable to registered RSA companies).
Operations and Maintenance (O&M) is not included – Annual fee (year 2 onwards)
Asset Finance
Medium Term Finance
Commercial / Industrial / Schools / Shopping malls / Estates / Old Age Homes
Up to 5 years
O&M is not included – Annual fee (year 2 onwards)
Bank
Long Term
Residential / Commercial / Industrial / Schools / Estates / Shopping malls / Old Age Homes
Up to 10 years Financing
We recommend speaking to your bank about the available green energy financing options available.
O&M is not included – Annual fee (year 2 onwards)
Power Purchase / Lease Agreement
Long Term
Commercial / Industrial / Schools / Estates / Shopping malls / Old Age Homes
Up to 20 years Financing
Ohmega & Investors’ would cover the equipment, installation & ongoing maintenance cost for the solar/battery system. Our Customers then benefit from paying no upfront cost for the system and only pay for the consumption used/generated from the solar/battery system.
Monthly Rand per kilowatt-hour (R/kWh) charge
and/or a Fixed monthly cost with annual escalation.
Rates vary from site to site depending on the requirements.
O&M is included