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How It Works
Terms and Conditions
- Loans from a minimum of R1.0m to a maximum of R50.0m are available at prime less 2%. For higher amounts standard conditions apply.
- Term is up to 15 years, depending on the payback period of the investment.
- Standard IDC fees apply.
- All IDC credit policies and procedures will apply.
How to Apply
Complete the Green Energy Efficiency Fund application form online. The application form is also available in the IDC Regional Offices. Eligibility will be communicated within 10 business days.
Eligible applicants will be requested to submit a detailed business plan to the IDC, accompanied by a financial model and cash flow statements historic, present and projected. These will serve as input to the due diligence and credit approval process.
For our comprehensive business plan guide click here
If you have any queries please contact us.
Programme supported by the German Cooperation and Development Ministry.
"Impahla Clothing has been a carbon neutral manufacturing concern for the last three years. Electricity accounts for more than
90% of our carbon emissions and is a scarce resource that is vital to the successful
operation of our business."
William Hughes - Managing Director, Impahla Clothing
View full case study
"The system works conveniently
great. I'm never without hot water.
My Electricity Bill dropped from
R1 887 40 to as low as R1 146 20.
After that I paid a lease amount that
wasn't much anyway. I am very
grateful to Solar Network for helping
me save money."
This testimonial from one of Solar Network's clients in
Randburg, Johannesburg shows the value derived from
implementing the system
View full case study
"The decision to invest in a cogen
plant comes on the back of increasing
electricity prices and constraints
in South Africa, as well as growing
environmental concerns. The
company spends close to R7 million
on electricity a month, and this new
co-generation plant will cut this bill
by about 20%. The additional 8MW
capacity will enable the company to
operate at full production compared
with the 70% capacity because of
electricity constraints."
Claudio Siracusano - GM, SACC
View full case study
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