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Rent-to-own Solar – the Benefits of Paying for Solar Over Time

Solar options to suit your pocket The size and capacity of your solar installation depends on the size of your house and your family, but even for the most modest home, the capital outlay for the panels, inverter and batteries can be substantial, and not everyone is able to buy…

Solar options to suit your pocket

The size and capacity of your solar installation depends on the size of your house and your family, but even for the most modest home, the capital outlay for the panels, inverter and batteries can be substantial, and not everyone is able to buy a system outright.

Solar-as-a-Service (SaaS) and rent-to-own

Think of SaaS as a pure rental of a solar system. You don’t own the equipment, but everything – from installation to support – is covered in a monthly fee. Hassle-free and convenient. Then there’s the rent-to-own option. It’s like a cellphone contract but for solar power. You enjoy the monthly savings and, eventually, ownership of the system. The beauty here is flexibility – upgrade, cancel, or transfer the contract if needed.

Getting started

Both options start the same way, with a sign-up and a credit check. A few easy steps ensure a smooth application:

1. Check your credit score: Your credit score reflects your financial responsibility. It’s a good idea to keep a regular eye on it through a registered credit bureau.
2. Assess your affordability: Before applying, compare your current electricity bills with the expected solar system repayments. Remember, reducing grid dependence with solar can balance out your expenses.
3. Prepare your documents: For the application, you’ll need payslips, bank statements, proof of address, and a bank confirmation letter. Having these handy helps speed up the process.

Installation and support: Once your application is greenlit (typically within two working days), installation is scheduled. Depending on your system’s size, it could be up and running in just a few days. Plus, Versofy works with approved installers and provides a dedicated customer support team for any questions or concerns.

Why choose Versofy? Versofy SOLAR is revolutionising how South Africans access solar energy. We make the transition seamless and stress-free. With a straightforward application, clear requirements, and guaranteed quality service and maintenance, we’re leading the charge towards a self-reliant, sustainable future.

Ready to make the switch and live lighter?

We’re here to guide you every step of the way.

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