Simpa sells solar power systems on financing to households and shops in rural India.
Customers make a small initial payment to have the solar PV system installed, then it’s simply pay-as-you-go for the electricity. Simpa mimics the compelling pricing model of pre-paid mobile phones. But there’s an important twist: These small payments for energy service also add up towards the total purchase price and, once fully paid, the customer owns the system, enjoying clean, reliable, electricity for free.
Type of organisation
Rural electrification expertise
Off-grid system used