Bassem wanted to make the switch to solar for a long time but wasn’t impressed by the leasing programs offered by his retailer. He wasn’t keen on making a hefty downpayment and preferred to finance his solar power system but without paying a lot towards interest. We provided him with a unique financing program that required him to pay a rate depending on how much energy his system produces. This way he has the peace of mind of not worrying about maintaining his solar power system and only makes payments that are proportional to the amount of energy his system delivered. This system was one of the Neighbour’s first clients and realizing that solar is a capital instensive investment, Neighbour Power facilitated the financing of this system over ten years. Compared to other leasing programs that expect fixed payments on principal, we were able to lease this system and devise a plan such that Bassem pays at a rate of what he is saving. Making it more affordable and convenient. His 2kW system installed on his garage roof in McKenzie Town offsets more than one third of his electric consumption and has a total installed and financed cost of only $4.5/W.
We were thinking about going solar for a long time and Solar Hero’s leasing program made it very easy for us to switch. Moustafa designed a system that has reduced our consumption from the grid by more than 25%.Bassem Zaki