PAYGo Solar at a Crossroads: Why the Industry Must Choose Between Protecting Customers and Satisfying Investors
May 9th, 2019
While many have come to recognize the potential for PAYGo solar to deliver affordable, reliable energy to off-grid customers, in the past year the industry has begun to move in a direction that cuts this promise short. The true potential of PAYGo lies in providing customers the opportunity to affordably pay for life-enhancing products in installments, and in the end, own them outright. This allows off-grid families to secure access to reliable, clean energy under reasonable financing terms, and helps last-mile distributors reach previously untapped markets. On the surface, this is a clear win-win – but the industry is headed down a questionable path.
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