Sell Your Solar system
Cash Flow For
Your Business
Did you purchase a solar system out of necessity but would rather use your capital in your business to fund your operations?
Simply complete our application process and we will negotiate a price with you.
Now is your opportunity to sell your system for up to 110% of original cost and buy your electricity from us at less than what you pay your utility company.
Benefits
Cash Flow
Capital back in your business
CPI +2%
Lock in CPI +2% increases for as long as you decide to buy electricity from us
Convenience
No maintenance responsibilities
Match CPI
We will match ANY lower than CPI +2% escalation from Eskom
Upgrade
Upgrade your consumption needs at any time and we will match it with the latest technology
HOW IT WORKS
STEP 1
Fill in our online form so we get a better understanding of your current system (including the invoice you paid when purchasing it)
STEP 2
We send out our technical people to do a site inspection
STEP 3
Our technical people give a report back to us
STEP 4
We negotiate a purchase price with you and finalise your tariff
STEP 5
You sign a contract and go through a due diligence process
STEP 6
We transfer the purchase price within 7-10 working days
STEP 7
We invoice you on a monthly basis
FAQS
If I sell my system, will I be taxed on the sales price?
- If you claimed the 12B deduction when it was installed, the full purchase prices will be taxable in the year you sell it.
- We have the tax saving solution to assist with this problem. You can simply invest with NOESKOM and then save the tax.
What if I sell my property or business?
The new owner can simply take over your contract which will give him hugely beneficial prices viz a viz the current ESKOM price. Provided they pass the Due Diligence process
What happens if Eskom reduces their prices
We are prepared to match ANY Eskom decision that is less than our increase
What forms part of the Due Diligence process?
- You must submit your company docs
- A credit check will be performed on the company
- At least 2 years’ annual financial statements are required (preferable 3)
- Management accounts (latest 6 months)
- FICA for the company and directors
What happens if our system breaks down?
NOESKOM has contracted service providers to deal with any issues as speedily as possible AT NO EXTRA COST to you.
What happens if I want to cancel my contract with NOESKOM?
The contract is for an initial period of 10 years. If you want to cancel after that, you will be liable for the uninstallation cost and breakages that may occur (fully disclosed in the contract)
If I sell my system, will I be taxed on the sales prices?
- If you claimed the 12B deduction when it was installed, the full purchase prices will be taxable in the year you sell it.
- We have the tax saving solution to assist with this problem. You can simply invest with NOESKOM and then save the tax.
What if I sell my property or business?
The new owner can simply take over your contract which will give him hugely beneficial prices viz a viz the current ESKOM price. Provided they pass the Due Diligence process
What happens if Eskom reduces their prices
We are prepared to match ANY Eskom decision that is less than our increase
What forms part of the Due Diligence process?
- You must submit your company docs
- A credit check will be performed on the company
- At least 2 years’ annual financial statements are required (preferable 3)
- Management accounts (latest 6 months)
- FICA for the company and directors
What happens if our system breaks down?
NOESKOM has contracted service providers to deal with any issues as speedily as possible AT NO EXTRA COST to you.
What happens if I want to cancel my contract with NOESKOM?
The contract is for an initial period of 10 years. If you want to cancel after that, you will be liable for the uninstallation cost and breakages that may occur (fully disclosed in the contract)