Solar finance plan

To reduce the burden of the acquisition of a power backup/solar system, we have created a plan where clients pay an upfront deposit and choose to spread the balance over 3 – 9 months.

LEASE-TO-OWN FINANCING PLAN

WITHOUT SOLAR INTEGRATION
Outright Payment (₦) 30% Initial deposit (₦) 3 months (₦) Total cost for 3 months (₦) 6 months (₦) Total cost for 6 months (₦) 9 months (₦) Total cost for 9 months (₦)
0.6KVA 217,074.00 83,573.49 55,209.15 249,200.94 29,883.85 262,876.59
1KVA 312,936.00 120,480.36 79,590.06 359,250.54 43,080.86 378,965.52 30,911.12 398,680.44
1.5KVA 481,563.00 185,401.76 122,477.52 552,834.32 66,295.17 583,172.78 47,567.72 613,511.24
2.5KVA 959,000.00 369,215.00 243,905.67 1,100,932.01 132,022.33 1,161,348.98 94,727.89 1,221,766.01

 

WITH SOLAR INTEGRATION
Outright Payment (₦) 30% Initial deposit (₦) 3 months (₦) Total cost for 3 months (₦) 6 months (₦) Total cost for 6 months (₦) 9 months (₦) Total cost for 9 months (₦)
0.6KVA 363,909.00 140,104.97 92,554.19 417,767.54 50,098.14 440,693.81 35,946.12 463,620.05
1KVA 597,740.00 230,129.90 152,025.21 686,205.53 82,288.87 723,863.12 59,043.43 761,520.77
1.5KVA 891,254.00 343,132.79 226,675.60 1,023,159.59 122,695.97 1,079,308.61 88,036.09 1,135,457.60

 

  • Inclusive is an all risk insurance (fire, theft, act of God) and interest.

*Batteries have 1 year warranty and 4 years lifespan.

*Inverters have 1 year warranty and 8 years lifespan.

Solar Panels have 10 years warranty and 25 years performance lifespan.

  • Note: * ‘asterisk’ means warranty is limited to natural system failure.

 

System-Load Analysis

SYSTEM LOAD No. of Batteries No of Solar Panels (Watts)
0.6 kVA 2 Bulbs (15W each); 1 Fan (56W); 1 Decoder (25W);

1 TV (85W)

1 (12V 100Ah) 2 (150W)
1 kVA 4 Bulbs (15W each); 2 Fans (56W each); 1 Decoder (25W);

1 TV (85W)

2 (12V 100Ah) 4 (150W)
1.5 kVA 8 Bulbs (15W each); 2 Fans (56W each); 1 Decoder (25W);

1 TV (125W); 1 Laptop (85W)

2 (12V 200Ah) 4 (250W)
2.5 kVA 10 Bulbs (15W each); 3 Fans (56W each); 1 Decoder (25W );  2 TVs (125W each); 1 Laptop (85W); 1 Fridge (120W) 4 (12V 200Ah) 8 (250W)
3.5 kVA 10 Bulbs (15W each); 3 Fans (56W each); 1 Decoder (25W );  2 TVs (125W each); 1 Laptop (85W); 1 Fridge (120W);

1 Freezer (100W)

8 (12V 200Ah) 12 (250W)
5 kVA 10 Bulbs (15W each); 3 Fans (56W each); 1 Decoder (25W );  2 TVs (125W each); 1 Laptop (85W); 1 Fridge (120W);

1 Freezer (100W); 1 Air conditioner (1hp)

8 (12V 200Ah) 16 (250W)