Finance Options

Gigawatt removes the need for you to spend capital upfront through our innovative finance products. These products also help you eliminate all maintenance and technology performance worries. Our finance products cover both energy-saving and renewable-energy projects.

SSA (Solar Services Agreement)

This option comes in different flavours in our operating markets and is ideal for the customer that wants to lock in a portion of its electricity cost for at least the next 15-25 years.
Allows the customer to lock in a lower electricity price with an annual rate increase if applicable.
No upfront cost required for the solar. No "take or pay" clause and only pay for energy consumed at a cheaper rate.
As long as the sun shines and the PV system produces energy (kWh), the client is receiving a saving
Gigawatt guarantees various outputs / elements including the electricity yield
Typically, 15-year agreements
Includes methods of measurement, verification, reporting and invoicing for electricity supplied.
Generally used in instances when cost savings are passed on or self-consumption
In the case of SSA models that involve rooftop PV systems, there are potentially three parties to the agreement, namely (i) the rooftop owner (ii) the buyer/client which may be a tenant that generates solar PV energy for its own consumption and (iii) the provider of the solar services.
The client has no responsibility in terms of the operation, maintenance and insurance of the PV system which is borne by Gigawatt
Gigawatt follows a stringent evaluation process to assess the viability of an SSA model for you
The prevailing tariff, building structure and load profile are some of the parameters that influence the decision to proceed with an SSA

PPA (Power Purchasing Agreement)

This is a very popular option globally but there is uncertainty around the current regulatory environment allowing this, as the point to be clarified yet, is if “Self-Consumption = Self-Ownership”
Allows the customer to lock in electricity prices (options include a fixed discount to Eskom, CPI linked or fixed rate increases)
Price is linked to the upfront investment as in the RYE model
As long as the sun shines and the PV system produces energy (kWh), the client is guaranteed a saving
Gigawatt guarantees various outputs / elements including the electricity yield
Typically 15 year agreements
Includes methods of measurement, verification, reporting and invoicing for electricity supplied.
Generally used in instances when cost savings are passed on or self-consumption
In the case of PPA models that involve rooftop PV systems, there are potentially three parties to the agreement, namely (i) the rooftop owner (ii) the buyer/client which may be a tenant and (iii) the seller of energy
The client has no responsibility in terms of the operation and maintenance of the PV system which is borne by Gigawatt
Gigawatt follows a stringent evaluation process to assess the viability of a PPA model for you

The prevailing tariff, building structure and load profile are some of the parameters that influence the decision to proceed with a PPA

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RYE (Rental Yield Enhancer)

This option is ideal for landlords that want to increase the yield and GLA for their buildings.
Tailored financial model which reduces upfront capital outlay
Boosts property owners' return through rental income (e.g. roof / real estate rental)
Rental is linked to upfront investment (from 0% to 50% investment)
The solar solution / plant is financed and leased back to the customer
The lease cost is equivalent to the electricity generated, with rate linked to Nersa
Gigawatt guarantees various outputs / elements including the electricity yield
The client has no responsibility in terms of the operation and maintenance of the PV system which is borne by Gigawatt
Typically 15 year agreements
Rate of return is dependent on risk appetite and actual debt ratio
This model caters for the property owner when additional rental income is sought
Gigawatt follows a stringent evaluation process to assess the viability of a RYE model for you
The prevailing tariff, building structure and load profile are some of the parameters that influence the decision to proceed with a RYE
Tailored financial model which reduces upfront capital outlay but the customer still wants ownership down the road.
Rental is linked to upfront investment (from 0% to 50% investment)
Fixed monthly rental amount payable, which escalates on the anniversary of the commencement date by the agreed % annual increase
Agreement term and escalation can be agreed to allow for a suitable rental amount. Typically 5-12 year agreements.
RTO includes scheduled maintenance and includes all cost to replace faulty equipment during the manufacturer warranty period. Unscheduled maintenance outside of equipment warranty periods will be charged on a quotation and approval basis. Full system monitoring included.
Comprehensive all-asset risk insurance is included as part of the RTO agreement. Customer remains responsible for the deductible amount in the event of an insurance claim.
The client may purchase the facilities at the end of the facilities rental period at an amount equal to one additional month’s rent.