Last year, Renew began trialing a new model known as Pay-As-You-Go (or PayGo). Under this model, families can pay off their solar systems over time. It works much like topping up a pre-paid mobile phone: a voucher is purchased for $5 by a family, the code is entered into the solar system which provides one month of electricity. At the end of the month, a further voucher is entered to keep the system operating. After 24 months, if families are up to date in their payments, the system is unlocked, and families fully own their systems. We are working with a local social enterprise to implement this model and provide ongoing maintenance and support. The revenue generated by repayments are used by the enterprise to pay wages and to build a revolving fund to light up further households. Find out more:
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