COMMERCIAL
1 . Outright purchase :
Buying the system outright using one ’ s own funds .
2 . Rent-to-own :
“ Various solar financing companies have popped up in recent years , offering consumers the option to pay a monthly fee for solar , with the understanding that you will own the equipment after a certain period of time - usually five to seven years .”
3 . Financing the system through a home loan provider :
“ Some of the major banks now offer the ability to ‘ add the cost of solar installation to one ’ s home loan .”
4 . A subscription service :
“ Solar providers such as GoSolr offer a fixed-monthly subscription to solar power using their equipment . Prices generally start at R1 580 per month .”
SA Real Estate Investor Magazine FEB 2023 67