GREENLIGHT ZERO CAPITAL SOLAR OFFER
- Are you worried about future energy costs?
- Do you want to buffer your Community Scheme against rising energy costs?
- A Greenlight Zero Capital Solar Offer is well worth investigating.
For the duration of the lease, Greenlight will be responsible for the maintenance of the entire solar system. Greenlight will also provide a guarantee on the production of the solar power, paying back a proportionate amount of the rental if this guaranteed level is not met. These corrections happen once a year.
As the system will be installed on the customers property, insurance is the responsibility of the customer.
Before installing the solar system, Greenlight will present a contract for signature to the trustees that will govern the relationship between the two parties. The contract will detail the following:
These are some of the questions we have been asked in the past (with our answers).
The savings generated by the solar system vary depending on a number of factors including:
An estimate of the expected savings is shown in the appendices for the two lease options.
The proposed solar system is a grid-tied system. This means that it is connected to the grid and for safety reasons, must shut down when the grid is unavailable.
At any point, the system can be modified to allow the system to operate off-grid and to store energy for night time use. However, the cost of these modifications is not included in this proposal.
There are no upfront costs to purchase the system. However, there may be a small cost (estimate of R8000), the transfer to the Municipal Feed-in (SSEG) tariff. This tariff allows you to earn credits for any unused solar power that is exported to the grid.
Solar power that you use directly (self-consumption) is more valuable than solar power sold to the municipality. For every kWh of solar power you consume directly you save R2.25 while earning only R0.69 if it is sold to the grid.
You can increase your solar self-consumption (to maximise savings) by using as much of your electricity in the day as possible and reducing the electricity used at night. For example, geyser managers/ timers can be set to run during the day and the delay function on dishwashers/ washing machines can be used to let them operate during the middle of the day. Installing efficient LED lights is an excellent way to reduce night time lighting consumption.