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Empowering Businesses: Solar Power Financing Options with UtilityPal by Standard Bank


Financing your business solar solutions

In a world where sustainability is increasingly becoming a top priority, businesses are seeking innovative ways to operate efficiently while reducing their environmental footprint. One such avenue is the adoption of solar power solutions, which not only offer long-term cost savings but also contribute to a cleaner, greener future. At UtilityPal we now offer financing solutions powered by Standard Bank. Now businesses can access tailored financing options to embark on their journey towards renewable energy adoption.


Financing Solutions Tailored to Your Needs

At UtilityPa, wl understand that every business is unique, with its own set of financial circumstances and goals. That's why we offer personalized financing solutions with competitive interest rates directly linked to prime plus 2.5%. This ensures that businesses can pursue their solar power initiatives with confidence, whether they're expanding operations, investing in the future, or consolidating debt.


Seamless Application Process

One of the key benefits of choosing UtilityPal for solar financing is the seamless application process. With an easy-to-navigate platform, businesses can accelerate approvals and receive quicker payouts. This means uninterrupted workdays and minimal delays in implementing solar solutions, allowing businesses to start reaping the benefits sooner rather than later.


Government Support and Momentum in Sustainable Initiatives

Government backing and a supportive regulatory environment have fueled a heightened interest in funding energy solutions. This momentum not only fosters innovation but also creates lucrative opportunities for businesses looking to adopt environmentally friendly practices. With UtilityPal, businesses can tap into this momentum and access the financial resources needed to invest in sustainable initiatives.


How It Works

UtilityPal offers flexible financing options, including:


  • Funds paid directly into Standard Bank business current account for loans under R500,000

  • Loans over R500,000 paid directly to the supplier

  • Prime-linked capital and interest repayments over the term of the loan

  • Flexible loan terms ranging from 12 to 60 months

  • Limited to one Business Solar Loan per legal entity


What You Get

By choosing UtilityPal for solar financing, businesses gain access to:


  • Business Solar Loan solutions tailored to their needs

  • PowerPulse platform, which helps locate Standard Bank preferred solar suppliers and educates business owners on various solar offerings

  • Repayment options ranging from 12 to 60 months


What We Finance

UtilityPal finances a range of solar power solutions, including:


  • Resilience Loan up to R30,000, covering uninterrupted power supply systems, battery backup systems, inverters, and sundries (excluding generation capacity)

  • Solar PV systems, with loans ranging from R10,000 to R10 million, covering grid-tied, hybrid, and off-grid solutions



In today's rapidly evolving business landscape, embracing sustainable practices is not just an option; it's a necessity. With UtilityPal powered by Standard Bank lending, businesses can access tailored financing solutions to embark on their solar power journey with confidence. From competitive interest rates to seamless application processes, UtilityPal is committed to supporting businesses in their transition towards a cleaner, greener future.


Visit our financing page to find out more or to apply for your solar financing.


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