Grace Ashiru
Nedbank has launched cutting-edge solar financing solutions on its Avo Solar platform, designed to make solar energy systems and backup batteries both affordable and accessible for households and businesses in South Africa.
These packages stand out for their compe
titive pricing, comprehensive installation by certified professionals, decade-long warranty, and tailored options. Nedbank offers flexible financing with repayment periods extending up to 84 months, breaking down the cost barrier and fostering inclusive adoption of solar power.
“South Africans have realised that incorporating resilience into their energy solutions, particularly through solar power, is essential for living and conducting business. With the unreliability of electricity supply and the continuous rise in electricity costs, investing in solar and backup power is more logical than ever,” explains Ciko Thomas, Nedbank’s Group Managing Executive of Retail and Business Banking.
This move is in step with the increasing need for dependable energy sources in the face of ongoing load-shedding issues in South Africa.
“Minimizing reliance on Eskom not only has financial benefits but also enhances life quality and business efficiency,” Ciko adds. “We’re dedicated to assisting as many South African homes and businesses as possible to address their energy challenges with our cost-effective and reliable solar energy solutions.”
