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Solar Financing & Pay-As-You-Go Models
Making Solar Affordable
One of the biggest barriers to solar adoption is upfront cost. Catalyst Solar Energy solves this with flexible financing models.
- Pay-As-You-Go (PAYG): Customers pay small installments using mobile money until ownership is complete.
- Lease-to-Own Models: Businesses can enjoy solar savings while gradually paying for their system.
- Partnerships with Banks & NGOs: Expanding access to credit for renewable energy.
Benefits
- Makes solar accessible to low-income households.
- Reduces financial burden of upfront costs.
- Accelerates adoption of renewable energy across Nigeria.
Case Example:
A group of rural teachers in Oyo State acquired solar home systems through PAYG. Within 18 months, they fully owned their systems—saving money and improving their quality of life.