If you are looking to make the switch to sustainable energy, but you aren’t ready for the upfront investment that comes with purchasing a system in full – solar rentals may be the perfect thing for you. We, at Alumo Energy, aim to make solar systems as accessible as possible and this is why we have multiple options regarding payment.
Our solar rentals open the door to all the benefits of using a solar system, for a reasonable monthly fee. Today, let’s have a look at what these benefits are and explain why there is no time like the present to start your solar journey.
How Our Solar Rentals Work
Solar rentals work similarly to financing a car or renting a house – we would still own the solar system itself, but you rent it out from us and use it to your benefit. The difference between us and the banks, however, is that we will routinely service your solar system and ensure that you are getting the most out of it. So, all you need to do is make sure that the monthly rental is covered, and we take care of everything else – installation, maintenance, and software upgrades.
Rentals are a fantastic idea for home or business owners that would like to begin experiencing the upsides of using solar energy, without needing to put much capital forward initially.
In terms of value, it makes more sense to purchase one of our systems outright, but we understand that this is not always a possibility. It’s important to note that maintenance on outright purchases will come at an additional cost. One of the upsides of rentals is that you can start by renting a system, and at any stage that suits you, you can decide to purchase it.
How Does The Solar Rentals Process Start?
There are a few easy steps to follow when it comes to investing in our solar rentals. We aim to make the process as simple as possible for our clients.
- Credit Approval – Our finance team works very hard to make sure that you receive credit approval as fast as possible. Of course, everything does need to be checked out and you would need to qualify for this service. It normally takes only one business day to ensure that everything is in order.
- Sign the Contract – Once your credit approval application has been processed, all that’s left is to sign the contract and provide us with your electronic signature. After this, it’s just a matter of paying the deposit and then we can go ahead with the more interesting parts of the process!
- Installation – One of our excellent teams will come around to your home or business and professionally install a solar system or battery backup solution. Our staff are highly trained and experienced with all the technology we use, so you can rest assured that all safety and regulation standards have been met.
- Monthly Fee – Now that you’re all set up, all that is needed is to pay your monthly debit order and you will continue to beat load shedding and save money on your electricity bill.
- Upgrade, Buyout, or Return – At any stage during your rental contract, you have the option of upgrading to better technology or purchasing the system outright. This is one of the major benefits of our rental agreement – you have options. At the end of your lease agreement, you are also able to return the system, purchase it, or sign another rental contract.
We recommend having a look at our savings calculator on our website, this will give you a great indication of just how much money you will save over time with one of our systems! You may be amazed at the results.
6 Great Reasons To Consider Our Solar Rentals
Let’s jump into a few of the major benefits of renting a solar system or battery backup solution:
Save on Your Energy Bill
Renting one of our systems allows you to save on large upfront installation costs, making clean energy a lot more accessible and affordable right off the bat. On top of this, you will save money across the board regarding your energy bill. It pays off to make financially conscious decisions, and you may find this is one the best decisions you could make. The rates for grid energy are also on the rise, so there may be no better time than now to make the switch to solar energy.
Energy Independence
With our solar rentals, customers are more than capable of producing most of their own electricity and reducing their reliance on the national energy grid. In South Africa, there are very few guarantees around consistency and greater energy independence can be hugely important.
Environmentally Sustainable
Solar energy is an entirely clean and sustainable source of power and using a solar system in your home will help to reduce your carbon emissions – contributing to an eco-friendlier tomorrow. We are quickly approaching the point where climate change is an unavoidable consideration, and investing in solar energy is certainly helping to do your part. South Africa’s power grid also relies heavily on the use of fossil fuels and using less of this grid power is a great step in the right direction!
Scalability and Flexibility
Rental systems allow our customers a good amount of flexibility in terms of system size and scalability. You can decide on a system that suits your energy needs and can easily expand on this going forward. This means that your solar rental allows for customised solutions that can grow with the user. If a time arises when you are able to purchase the system outright, then this is certainly possible too. It can never hurt to have options, and at Alumo Energy, we pride ourselves on giving our customers as many options as possible.
Support and Maintenance
With our rental systems, we provide annual service and maintenance to ensure that the system is functioning optimally. This means that you don’t need to stress about system upkeep and can avoid any expensive repair costs. We take care of this entirely, allowing you some good peace of mind knowing that the lights will always be on. Our highly trained maintenance teams know exactly what to look out for and we have a great track record of keeping our systems going for long periods.
Skip Out on the Rolling Blackouts
This may be one of the most appealing aspects of utilising solar energy in our nation. The inconvenience and frustration of dealing with constant load shedding can be a thing of the past! It’s hard to tell which direction load shedding will take going forward – it could get better, or it could get much worse. Whatever the case might be, with our solar rentals you won’t need to worry about that anymore.
With most of our solar rentals, the systems and batteries are powerful enough to get you through longer load shedding times, without much trouble at all! Become the envy of your neighbourhood and keep the lights on despite escalated load-shedding schedules.
How Much Can You Expect To Save With Our Solar Rentals?
Making the switch to one of our solar systems can mean some serious energy bill savings for your household or business. There are a few factors that will decide exactly how much money you can expect to save, including electricity consumption, the size of your solar system, and local energy rates. Typical savings might be around R15000 to R20000 per year on your energy bills! Of course, this will vary depending on your electricity consumption and other individual characteristics.
When it comes to solar rentals, the amount of money that you will save is more difficult to calculate as an average. Solar rentals make more sense if your energy expenditure is comparatively higher. For specific breakdowns, why not contact us and chat with one of our friendly team members? We are more than happy to assist you.
When it comes to purchasing one of our systems upfront, the long-term savings are considerable. Even though the initial installation fee can seem significant, the payback period on your investment is only around 5 – 10 years! After that period, you are only generating a positive return on your initial investment. Ultimately, this makes purchasing a solar system a very savvy financial decision, and you will be thanking yourself in the years to come!
Embracing the move to solar energy offers a remarkably cost-effective approach to reducing energy costs. By tapping into the limitless potential of the sun, homeowners and businesses are able to enjoy considerable cost savings and help contribute to a sustainable energy future for our country.
What Makes Up One Of Our Solar Systems?
Let’s have a look at some of the components that make up one of our solar systems. These systems harness solar energy to efficiently generate, store, and distribute power.
- Solar Panels – These panels are the most integral element of our solar systems. They are installed on roofs or in open spaces that receive direct sunlight. These panels convert solar energy into direct current (DC) power.
- Inverter – The DC electricity created by the solar panels will need to be converted into alternating current (AC) electricity for it to be utilised by homes and businesses. This is what the inverter is for, it transforms the DC energy into a form that can be easily used for normal purposes.
- Batteries – This is where all of the excess power coming from the solar panels will go, for use at a later stage. These batteries act as storage for homes and businesses to use solar power during periods of low sunlight, or load shedding periods.
- Charge Controller – A charge controller helps to regulate the transfer of electricity from the solar panels into the battery bank. It prevents overcharging of the batteries, optimising their performance and extending their lifespan.
- Electrical Panel – This panel will direct the solar energy being generated to the appropriate parts of your home or business, ensuring effective distribution. It also allows for a seamless switch between solar energy and power from the national grid, when needed.
- Monitoring Systems – The monitoring system will help to keep track of the general performance of the solar system. It measures energy production, system health, and consumption, and will offer real-time data and alerts to homeowners if anything needs to be addressed.
These components all work together to provide you with consistent and reliable power, regardless of blackouts or other factors outside of your control. We hope we have inspired you to consider making the switch to renewable solar energy!