The price of electricity has increased by 177%, which translates to R500 worth of electricity in the run-up to the soccer World Cup in South Africa now costing R1,385.
Load Shedding has cost billions of losses for the business sector and the South African homeowners are well aware of the inconvenience it has caused over the last 10 years.
Decreases in pricing on Solar panels and the advancement in technology on batteries means that renewable energy options such as Off Grid and Grid tied has now become an affordable option for consumers and businesses.
The maintenance cost on Solar renewable energy is very low as long as the components used are of high quality.
Finance options are now available to make it more affordable for consumers.
ACTWELL Energy was started with a basic idea and principle; to help customers find cheaper, cleaner energy with the added benefit of improving the country and world we live in!
Looking at sustainability energy seemed the most logical, beneficial and feel good route to follow.
With shared values of respect for integrity, honesty and service delivery; and background in the cellular, property and marketing industries thus lead to the formalisation of ACTWELL Energy. The electricity shortage in South Africa has left its mark, with rather expensive and noisy alternatives as the only option to remain operational.
ACTWELL Energy is looking to offer greener and more affordable Solar solutions to keep businesses functional. The goal, is to create long lasting business relationships, through transparency, great service that is fair and reliable.
The hardest lesson in life is how to “remain calm” in any situation
A solar power purchase agreement (PPA) is a financial agreement where a Independent Power Producer (IPP) like ACTWELL Energy arranges for the design, permits (if applicable), financing and installation of a solar energy system on a customer’s property at little to no cost.
The IPP sells the power generated to the customer at a fixed rate that is typically lower than the local utility’s retail rate. This lower electricity price serves to offset the customer’s purchase of electricity from the grid while the solar provider receives the income from these sales of electricity.
PPAs typically range from 10 to 25 years and the solar provider remains responsible for the operation, maintenance and insurance of the system for the duration of the agreement.
At the end of the PPA contract term, a customer may be able to extend the PPA, have the solar provider remove the system or choose to buy the solar energy system from the provider.
1. No or low upfront capital costs:
The IPP handles the upfront costs of designing, procuring and installing the solar PV system.
Without any upfront investment, the customer is able to adopt solar and begin saving money as soon as the system becomes operational.
2. Reduced energy costs:
Solar PPAs provide a fixed, predictable cost of electricity for the duration of the agreement and are structured in as follows:
Under a fixed escalation plan, the price the customer pays rises at a predetermined rate, typically between 4% - 8%.
This is often lower than projected utility price increases throughout the term of the PPA, saving the customer more as utility prices rise over time.
3. Limited risk:
The developer is responsible for system performance and operating risk.
4. Who can save?
• Commercial, Industrial, Retailers, Fuel Stations & Industry.
• Businesses can save between 10% to 20% or more on daytime power prices.
• Customers who uses a lot of power in the daytime and operate 7 days will see the biggest saving.
• Saving service station, supermarket or shopping Centre’s tens of thousands of rand each year
The solar panels ACTWELL Energy will install for you on your property or roof, will generate you cheaper and cleaner electricity.
No CAPEX or investment and no maintenance or no service costs.
We charge a low price for electricity based on your actual usage, guaranteed. Our contract is a simple transparent agreement, with buyout options available at certain periods.
No hidden T&C’s.
Your current municipality will still supply electricity at night or during high demand.
ACTWELL Energy will help protect your business against energy price hikes.
Each month you will receive a bill for the power you have used and you will see how much money you have saved. Your savings start from Day 1.
At the end of the contract, we will uninstall and go.
Unless you want us to stay?