Presented by LookSee

Solar prices have plummeted in South Africa – Here’s how to take advantage with a LookSee Solar Loan

 ·23 Oct 2023

Standard Bank LookSee recently launched its Solar Loan product, which makes it easy and affordable to get your own solar system installed at home.

When you combine this with the fact the price of solar panels in South Africa is at an all-time low – due to increased international supply, a decline in production costs, and local over-stocking – now is the best time to contact LookSee to protect yourself from load-shedding and power cuts.

LookSee Solar Loans

LookSee’s Solar Loan was launched in partnership with the Government Energy Bounce Back Loan Scheme, which lowers the barrier to access solar solutions by offering lower interest rates.

LookSee has taken full advantage of this, providing South Africans with loans at massively reduced rates.

With LookSee Solar Loans, you enjoy a maximum of Prime +2.5% on loans ranging from R3,000 to R300,000.

This is a huge discount on the average Prime +7% and the maximum of +17.5%, as outlined by the National Credit Act.

Your loan can then be paid off in 1-5 years – and you receive reduced interest payments if you pay it off early.

Why LookSee

A LookSee Solar Loan is available through a simple three-step process:

  1. Get a solar quote – Get a quote for the solar system you intend to install.
  2. Choose your loan – The LookSee Solar Customer Care Team will help you decide on the best loan and repayment period for your financial situation.
  3. Pay your installer – Your loan will then be paid into your bank account, enabling you to cover your solar deposit and schedule your installation.

Throughout these steps, LookSee will offer all the support and tools you need.

This includes its Solar Score system that provides you with all the information you require to make an informed solar installation decision – including the area, slope, and horizontal irradiation of your roof.

It will also determine which direction your roof faces and will use this to calculate the estimated hours of sunlight exposure and electrical output of your proposed solar system.

Choose LookSee

LookSee is ready to help you keep the lights on at an affordable price – a sentiment backed up by its executive team.

“Our focus is on providing access to solar systems that our customers can count on for years to come,” said Marc du Plessis, Executive Head of LookSee.

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