As an extension of its Green Credit scheme, the new offering enables homeowners to acquire the solar system with no deposit and low monthly payments, which should be offset against the saving in the cost of electricity. Starting from R413 per month over a 48-month period with no deposit, approved customers can now afford to install a solar system and save up to 50% of their monthly electricity bills.
“The company's credo is to provide reliable, affordable lifestyle for all South Africans. With this initiative, the company is putting its money where its mouth is to help homeowners save electricity usage, which will also reduce pressure on the Eskom grid and alleviate possible electrical outages. Also vital is that by changing to solar consumers directly help reduce the country's carbon footprint,” says Rutstein.
He acknowledges that Eskom has promoted the idea of solar systems and offers significant rebates. However, despite considerable spend on promoting the concept, very few consumers have taken advantage of the subsidies offered by Eskom. The reason is simple. The requirements to obtain the subsidy are onerous and complicated. The company will guarantee the rebate, which it will deduct from the purchase price of all Eskom approved solar water heating systems it installs.
For more information, see: www.teljoysolar.co.za
