Pay as you go solar Niue

What is Azuri PayGo Energy?

Azuri PayGo Energy has combined solar and mobile phone technology to bring clean energy to people living in Sub-Saharan Africa. The pay-as-you-go solar home system provides eight hours of emission-free lighting each day and enough power to charge mobile phones.

What is a pay-as-you-go solar home system?

The pay-as-you-go solar home system provides eight hours of emission-free lighting each day and enough power to charge mobile phones. After paying a small one-time installation fee, the user then purchases a scratch card, or uses an integrated mobile money service to top-up their unit.

Who owns PAYGO solar in Nigeria?

In the fourth quarter of 2016, private equity firms invested over USD 60 million in Nigerian mobile PAYGO solar provider Mobisol and Lumos Global, which is selling emissions-free electricity services from solar-storage micro-grids. Both companies sell larger systems than the original PAYGO pioneers.

Why should you buy a solar product via PAYGO?

PAYGO offer the possibility to establish a track record of payed back credit. After the purchase via PAYGO of a solar product, the household not only has a good rating with financing institutions, but also a collateral to continue with the same (or similar) amount of instalments to buy other products.

Should you buy a solar lamp from PAYGO?

PAYGO makes solar products affordable for some customer groups, while two thirds of the would prefer lower instalments and report to still have challenges to pay over USD 4. People using PAYGO tend to spend more for their lighting services than people without a solar lamp.

What is pay-as-you-go (PAYGO)?

Pay-as-you-go ( PAYGO) is a digital financing technology that allows end-users to digitally pay for solar energy in weekly instalments. (Read more on Pay-as-you-go Approaches (PAYGO) ). Find an overview of relevant companies and their approaches here. If you are interested in how the PAYGO market developed, read this PAYGO market overview .