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This company offers alternate solar funding for homeowners. Here’s how it works. | Businessinsider

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Versofy offers solar financing and will install and maintain the panels at a monthly cost based on your average monthly electricity bill. | BISouthAfrica

With load shedding becoming more of a permanent feature in South Africa and Eskom announcing Stage 6 of rolling blackouts, homeowners will be looking for alternate power solutions.

But, solar financing company Versofy, which pivoted its services marketplace business in 2020, has come up with alternative and affordable solutions for consumers. The rent-to-own plan is a 60-month to five-year term after which the customer takes ownership. While the solar-as-service option is a three-year or 36-month contract, and is 40% cheaper than the rent-to-own option, Mains-Sheard said."Our whole goal is to get in line with Eskom, at parity with what you would pay your City of Joburg, or Eskom, or your municipality, or cheaper ideally. That’s our ultimate goal," he said."We look more at affordability.

The company has a one-day turnaround for credit approvals, which can be longer at conventional banks.

 

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BISouthAfrica was so opgewonde toe ek my beursie oopmaak en my betaling van R98700 sien. Wat 'n hupstoot!. Jy het presies geweet wat ek wou hê. Baie dankie vir die betaling meneer _michelle_ha

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