How you can make money from solar panels in South Africa


How you can make money from solar panels in South Africa Financial services provider, FedGroup, says it aims to disrupt the traditional approaches to wealth creation with the launch of its direct ownership network which enables clients to own and generate an income from solar panels. Unlike traditional wealth creation approaches, where money is invested, this model involves the ownership of a physical asset to generate income. The panels can be purchased on FedGroup’s online platform and are then installed on suitable sites, with the owners receiving a monthly rental income based on the power generated by the panels. FedGroup said it then collects and pays over the rental income to the panel owners. The direct ownership network operates on the peer-to-peer model, where the landlords of sites, the providers and installers of the solar panels, and those wishing to own the panels are connected. “The returns are secured through a contract with the building owner to pay a monthly fee, determined by the amount of electricity generated. The money collected from the building owner every month is then distributed to the owners.” Owners are able to track the performance of their panels online at any time. See the article at http://businesstech.co.za/news/wealth/142812/how-you-can-make-money-from-solar-panels-in-south-africa/ or Fedsure's own site at https://fedgroup.co.za/#/browse/wealth/directownership

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