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Nedbank Solar

We make it easy for you to finance solar solutions for your home.​

Getting Started

Find a supplier

Get a quote

Apply for finance

Install solar solution

Pay loan and enjoy

1 | Find the right supplier for your solar energy solution

Go green with Nedbank Solar through Avo. When looking for a solar solution, Avo Solar can offer you affordable, top-quality solar packages at competitive prices.  

Alternatively, you may get a quote from any of the approved solar suppliers below. For your peace of mind and quality assurance, all suppliers are fully vetted, accredited and recognised by the South African Photovoltaic Industry Association (SAPVIA). 

Before you apply for solar finance, you'll need to first have an installation quote from a Nedbank-approved supplier.

2 | Get a needs analysis and quote

Contact Avo Solar, or any of our approved service providers to arrange for a needs-based analysis, engineering proposal and a quote on the energy solution that will suit your lifestyle and pocket.

3 | Apply for finance

Before you apply for finance, you must have an installation quote from a Nedbank-approved supplier. We have the following finance options available:

Through MFC's Asset finance

MFC aims to provide you with the means to buy a solar-energy solution for your home with approved providers to ensure a safe, secure and hassle-free experience. This is stand-alone asset finance, and does not require that your home loan is with Nedbank

  • Apply for finance over a period of up to 96 months at a competitive interest rate with MFC, a division of Nedbank.
  • To apply is quick and easy, and you do it online.
  • For help with Solar-energy finance applications please contact us on 0860 111 159 or email us on PVSolar@mfc.co.za
Apply now

Through your Home Loan

Finance a solar-energy solution through your Nedbank home loan. The minimal increase on your home loan instalment will be offset by a decrease in your monthly electricity bill.

  • Apply upfront for a renewable energy solution with your new home loan.
  • the available money in your NedRevolve facility.
  • Apply for a readvance or further loan on your existing Nedbank home loan.
Apply now


4 | Add insurance

Protect your investment with our first in market Alternative Energy Insurance from as little as R99 p/m for each R100,000 sum insured.​

Cover includes panels, batteries, invertors and all other accessories in the event of the following:

              
  • Theft and burglary 
  • Malicious damage
  • Fire, lightning and explosions
  • Floods, storms, wind, water, hail
  • Earthquakes
  • Subsidence and landslip
  • impact

Get a call back

 Alternatively Call 0800 333 111 to get your quote

 

5 | Install and enjoy your new energy solution

Once financed, contact your supplier to arrange for the installation of your energy solution.

Our approved suppliers will manage your entire journey from finding and installing the right solution right through to ongoing operations and maintenance.​

Your home's renewable energy project could take anything between 2 to 4 weeks from your first contact with the service provider to activation!

 

What you need to note:

  • The solution you want to finance must be new. No used, demo or second-hand solutions are permitted.
  • The minimum asset amount you want financed must be more than R50 000

Not the property owner or live in a sectional title?

  • If you are not the registered owner of the property, or if the property is a sectional title, we will give you a consent waiver document that must be approved by the registered owner and/or trustees. This signed document must be sent back to us in order to proceed with the application.
  • In the event that the property where the goods are installed is rented by the principal debtor, a minimum deposit of 50% will be required. This percentage may however be increased due to additional risk considerations.

Disclaimers

  • It remains your responsibility to ensure the solar supplier verifies the status of the relevant installer and supplier, including their products and workmanship.
  • It remains your responsibility to ensure that the solar supplier assists you in the signoff, acceptance of delivery (AOD), and confirmation that the solution has been properly installed and is working properly, once the installation has been concluded.
  • SSEG clearance with the local municipality remains your responsibility, however most of our providers will either apply for clearance on your behalf at an additional cost or provide you with the required documents for you to apply with the municipality.
  • It remains your responsibility to send a copy of the supplementary electrical COC to your insurers.
     
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Find a supplier

Please view our Nedbank-approved solar suppliers below and select a supplier from the list based on the regions the suppliers operate in.

  • You will have to use a Nedbank-approved solar supplier. 
  • Contact Avo Solar, or any of our approved service providers to arrange for a needs-based analysis, engineering proposal and a quote on the energy solution that will suit your lifestyle and pocket.

AVO Solar

Website address: https://solar.avo.africa/home.html

Contact number: 0860 100 833

E-mail address: avosolar@avo.africa

Regions: Western Cape | Eastern Cape | Free State | Gauteng | KwaZulu-Natal | Limpopo | Mpumalanga | Northern Cape | North West

AWPower

Website address: https://www.awpower.co.za

Contact number: 0861111601

E-mail address: info@awpower.co.za

Regions: Western Cape

One Energy

Website address: https://www.oneenergy.co.za/solar-finance/

Contact number: 011 918 9891

E-mail address: nedbankmfc@oneenergy.co.za

Regions: Western Cape | Gauteng | KwaZulu-Natal | Mpumalanga

Hohm Energy

Website address: https://app.hohmenergy.com/signup/?campaign=0f6045b1-bfe2-4282-9b4e-6e939e7e7cd0

Contact number: 010 510 4449

E-mail address: support@hohmenergy.com

Regions: Western Cape | Eastern Cape | Free State | Gauteng | KwaZulu-Natal | Limpopo | Mpumalanga | Northern Cape | North West

Off The Grids

Website address: https://offthegrids.info

Contact number: 083 258 2553

E-mail address: solutions@offthegrids.info

Regions: Western Cape | Eastern Cape | Gauteng | KwaZulu-Natal

LTM Energy

Website address: https://ltmenergy.co.za/green-solutions-nedbank/

Contact number: 087 149 2691

E-mail address: Nedbanksolar@LTMEnergy.co.za

Regions: Western Cape | Eastern Cape | Free State | Gauteng | KwaZulu-Natal | Limpopo | Mpumalanga | Northern Cape | North West

Micasa Energy Solutions

Website address: https://www.micasa.co.za

Contact number: 0872317162

E-mail address: sales@micasa.co.za

Regions: Western Cape | Eastern Cape | Free State | Gauteng | KwaZulu-Natal | Limpopo | Mpumalanga | Northern Cape | North West

Oxbow SA

Website address: https://www.oxbowsa.co.za/solar-inverter-solutions/

Contact number: 0861 069 269

E-mail address: enquiries@oxbowsa.co.za

Regions: Western Cape | Eastern Cape | Free State | Gauteng | KwaZulu-Natal | Limpopo | Mpumalanga | Northern Cape | North West

Back Next

Learn more

6 things you should know before going off-grid.

Investing in solar energy to power your home may be costly at the beginning, but it’s worth considering.

Load-shedding: Time to invest in solar power?

Dream of cutting ties with the grid. You can build your independence in stages.

3 ways to go off the grid in affordable solar steps.

Installing a home solar system isn’t cheap, but you can start small and scale up.

Does home solar offer a return on your investment?

Investing in solar isn’t cheap, but it does result in other savings and a reliable power supply.

How much does a home solar system cost?

Thinking of going solar? The upfront cost can be scary, but the benefits are clear.

Don’t forget these 4 hidden costs of going solar.

Here’s what to include when drawing up your budget for a solar-power system.

Back Next

Benefits

MFC aims to provide you with the means to buy and finance a solar-energy solution for your home by partnering with approved providers to ensure a safe, secure and hassle-free experience.

  • You’ll have the convenience of an alternative power source when the lights go out or you may choose to be totally off the grid.
  • You won’t feel the impact of electricity tariff hikes as much, as long as you’re using solar energy.
  • By using a clean and renewable power source, you can reduce your monthly electricity bills and your carbon footprint over time.
  • The additional expense upfront could result in savings in the long run. Please consult our solar suppliers’ and read more about the pros and cons of solar energy in our blog articles under 'Learn more'.
Back Next

Apply for finance​

Before you apply for finance, you must have an installation quote from a Nedbank-approved supplier. We have the following finance options available:

Through MFC's Asset finance

MFC aims to provide you with the means to buy a solar-energy solution for your home with approved providers to ensure a safe, secure and hassle-free experience. This is stand-alone asset finance, and does not require that your home loan is with Nedbank

  • Apply for finance over a period of up to 96 months at a competitive interest rate with MFC, a division of Nedbank.
  • To apply is quick and easy, and you do it online.
  • For help with Solar-energy finance applications please contact us on 0860 111 159 or email us on PVSolar@mfc.co.za
Apply now

Through your Home Loan

Finance a solar-energy solution through your Nedbank home loan. The minimal increase on your home loan instalment will be offset by a decrease in your monthly electricity bill.

  • Apply upfront for a renewable energy solution with your new home loan.
  • the available money in your NedRevolve facility.
  • Apply for a readvance or further loan on your existing Nedbank home loan.
Apply now
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