With so many turning to alternative power sources like solar, gas, and inverters, it may be daunting when deciding whether it is worth it for your home. Keep in mind consistent fluctuations in power can wreak havoc on your appliances, causing permanent damage that is often not covered by insurance.
Luckily, Wetility – a leading South African smart energy solutions provider – offers excellent solar systems through an innovative subscription model for increased affordability.
While there are a few advantages to the alternative options — an outright cash purchase, and leasing a solar system to buy — the Beast Bundles are the best option for the majority of South Africans thanks to Wetility’s dedication to supplying the best possible alternative power solutions.
“From the very onset, we wanted to bring reliable, affordable and sustainable power to all South Africans,” said Franta Pour, Chief Revenue Officer at Wetility.
Energy is crucial for a fulfilled and productive life, which applies to small businesses as much as residential households. We had this in mind when we designed our Beast Bundle products, add Pour.
Outright Cash Purchase
The benefit of paying for your solar system upfront with cash is that you do not need financing or to get credit check approval for a loan – while you also receive access to the tax incentives on offer for installing solar panels.
However, the average South African cannot afford to spend hundreds of thousands of rand at once to buy a solar system. You will also need to pay for your system’s insurance and maintenance – including buying replacement parts if any equipment stops working.
Your system will also become outdated over time, due to the continuous advances in solar technology, and you will eventually need to purchase a new system or upgrades.
Lease-to-Buy a Solar-Powered System
Leasing a solar system to buy at the end of the lease period is far more accessible to South Africans compared to paying for one in cash.
You have full ownership of your solar system once the lease term is complete, and are simply paying it off over several months or years.
The only downside with a lease-to-buy option, however, is that you end up paying far more than the system’s value – as whoever is leasing the solar system to you needs to earn significant interest for it to be worth their while.
Additionally, if your monthly payments become unmanageable, the only way to get out of your lease is to pay high exit costs – while still having to pay for your system’s maintenance.
What are the Beast Bundle Subscriptions?
Wetility’s Beast Bundle 36-month subscriptions are the best option for the majority of South Africans and make solar systems more accessible than ever before.
Instead of a big upfront payment or signing a lease, you pay a monthly fee to ‘rent’ a system from Wetility. Because Wetility retains ownership of the system, it can offer significantly lower monthly pricing – starting from only R1 499 per month.
For this price, you get a 3-in-1 solution – including solar panels, an inverter, and battery storage. This is everything you need to generate and use renewable energy effectively in your home.
Additionally, as it is a subscription model, you can exit the agreement anytime – incurring significantly lower exit costs in the process.
You Save not only Money, But Power too
When you consider how Beast Bundles reduce your Eskom power bill, they offer tremendous value.
For example: if you’re currently paying R3,500 per month for power, a Beast Bundle that costs R2,399 per month can generate approximately R2,000 worth of electricity.
Your generated electricity almost completely offsets your subscription cost, resulting in you only needing to pay R399 more than before – with the benefit of avoiding load-shedding.
A Comprehensive Solution
Wetility will also manage your entire solar system on your behalf – including its installation, insurance, maintenance, and repairs – and offers nationwide installation coverage.
After the three-year subscription period is complete, you can then extend your subscription, upgrade to a newer model, or even buy the system outright.
The approach is to offer a complete solution – from design, quality components, and software to allow for remote monitoring to a subscription model that allows South Africans to realise their full potential.
Get a Beast Bundle
Your Beast Bundle will comprise tier-one solar panels, lithium-ion battery storage, and hybrid inverters – resulting in reliable, affordable power generation.
You also get installation, smart geyser controls, and surge protection as free value-adds – so click here to get your Beast Bundle from Wetility.