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Home»Connected Life»Nedbank Introduces Avo Solar, A New Solar Energy Initiative
Connected Life

Nedbank Introduces Avo Solar, A New Solar Energy Initiative

‘We offer a range of payment options, from cash to secure and convenient finance, through Nedbank,’ says Ciko.
Gugu LourieBy Gugu Lourie2023-11-09Updated:2023-11-14No Comments3 Mins Read
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Avo App Solar
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Amidst the widespread demand for affordable and dependable solar power solutions in South Africa, Nedbank has unveiled a series of cutting-edge solar financing options through its Avo Solar platform.

These innovative packages are designed to provide households and businesses with accessible and eco-friendly energy solutions, featuring competitive prices for solar panels and backup batteries.

Each package guarantees professional installation by certified solar suppliers approved by Nedbank, ensuring the highest standards of service.

Furthermore, all solutions are backed by a 10-year warranty and a certificate of compliance, underscoring the superior quality of the featured solar brands.

‘South Africans have learned that the only way to live and do business is to build resilience into their energy mix by harnessing the free power of the sun. To safeguard against unreliable electricity supply and ever-increasing electricity prices, solar and backup power options have never made more sense,’ says Ciko Thomas, Group Managing Executive of Retail and Business Banking at Nedbank.

Ciko says that Nedbank has put together a range of packages, from Green right through to Platinum and Premium packages, designed to meet most households’ and small businesses’ requirements. However, he says that the team is more than ready to create a customised package to suit an individual client’s or business’s specific needs.

Solar power
Solar power

It is estimated that an average household could save around R26 000 per year living off the grid. Most people, however, will choose to use solar and battery to reduce the costs of grid-supplied electricity and eliminate much of the inconvenience of blackouts.

A big barrier to adoption is cost – solar panels and batteries are still not easily accessible to most South Africans. That’s where Nedbank’s ability to provide speedy access to finance, with up to 84 months to pay, has a major role to play in driving inclusivity.

‘We offer a range of payment options, from cash to secure and convenient finance, through Nedbank,’ says Ciko.

‘Reducing your exposure to Eskom is an advantage from a cost point of view, and a way to increase the quality of your life or keep your business firing on all cylinders,’ continues Ciko. ‘We are committed to helping the greatest number of South African households and businesses as possible to solve their energy woes with our affordable and reliable solar energy solutions.’

For more information on the wide range of Avo Solar packages available to suit your needs and budget, visit solar.avo.africa.

Avo Solar Eskom Nedbank renewable energy Solar
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