There are various finance solutions, and we will guide you through the options.

RenFree Power Purchase Agreement 

Does free installation, free solar PV, free asset management and a guaranteed reduction in your energy cost sound good? While self-funded installations provide the best return on investment, this isn’t always an option. Renewable systems typically incur upfront costs, as well as ongoing servicing. Our RenFree Power Purchase Agreement enables you to run your business with green solar energy, without the upfront investment. 

RenEnergy installs a solution at your premises, which we insure, operate and maintain, while your business procures electricity from us at a predetermined preferential rate. You therefore have no upfront capital outlay nor any other expenses associated with the solar solution. RenFree also applies to carport and electric vehicle charging solutions.

Apart from a no-hassle approach to procuring green energy, we also include a simple and cost-effective buyout and takeover clause allowing you to terminate the agreement at predetermined rates when entering into a RenFree agreement.

For businesses with high electricity usage, RenFree can save you thousands on your energy bills. As decisionmakers increasingly choose brands with a clear environmental commitment, RenFree delivers a competitive advantage to your business. 

Commercial bank funding

Commercial financial institutions offer competitive finance options and instruments designed specifically to finance your solar energy solution. We ensure that you comply with all of the requirements from the financial institutions. With the surge of market entrants, banks are now doing due diligence on service providers before granting funding. RenEnergy is already on most of the major banks’ trusted installer lists, and in the process of being vetted by the remainder.

Self-funded

The client procures and owns their own solar energy soltuion using surplus funds available within their business. RenEnergy provides a turnkey installation with full commissioning and handover of the solution to the owner after construction has been completed. In this model, the entire investment and related insurances are typically paid by the owner, and RenEnergy could be contracted for Asset Management (ongoing operations, monitoring and maintenance). When choosing to follow the equity investments/self-funded route, our clients will typically have large electricity cost savings from the onset of the project and they will have control over their own future energy tariff increases. We can provide costing information for financial year budgeting. Businesses may benefit from tax allowances, based on their specific tax position, making the investment more viable.