South Africa’s first fintech solar marketplace enables residential solar installers to grow their business

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[Promoted] South Africa’s first fintech solar marketplace enables residential solar installers to grow their business

However, in order to meet this growing appetite, some serious challenges first need to be overcome in order to effectively service the demand and assist South Africans with what has been the worst year of load shedding yet.

Every solar battery system installation is an engineering project that needs to factor in the unique nuances of the respective home. Solar installers are inundated with requests for proposals and costings that require detailed engineering designs to simulate the homeowner’s unique solar saving forecast, costs and finance.

“Hohm’s software uses a homeowners’ unique design parameters of geo-location, orientation and angle of roof to generate a bespoke solar proposal within less than 5 mins.” This has enabled MFC to offer homeowners convenient solar finance, even if they don’t have a bond or bank with Nedbank. Hohm’s marketplace and software platform enables all the coordination of servicing homeowners through the journey and matching them with vetted solar installers across SA.

The company has conducted a successful pilot of this solar partner model with a well-known solar technology company and provider, Wetility.

 

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Sponsored Content: South Africa’s first fintech solar marketplace enables residential solar installers to grow their businessSouth Africa’s burgeoning solar industry is currently experiencing a gold rush as both solar installers and product suppliers rush to service the pent-up demand from homeowners desperately wanting to install solar battery back-up systems in order to maintain their lifestyle. However, in order to meet this growing appetite, some serious challenges first need to be … Continue reading 'South Africa’s first fintech solar marketplace enables residential solar installers to grow their business'
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