When you purchase a panel as part of this initiative, you benefit from economies of scale. The cost of maintenance, insurance, installation and transformers is spread amongst all investors, which brings down the cost. You also benefit because all the energy generated is used. In a residential property, energy often goes to waste during the daytime, when demand is often at its lowest.
Who owns the asset? What happens at the end of the term?
You own the physical asset. At the end of the 20-year period, we will buy back your panel at a guaranteed residual value of R1 000.