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FINANCING SUSTAINABLE
ENERGY FOR ALL
• access:energy are a Kenyan based company
developing remote, village-scale, renewable
energy micro-grids.
• We have developed technology that allows
remote control and visibility of these grids, as well
as payment services using the standard mobile
phone networks.
• This pro-poor pricing mechanism means that
those at the 'bottom of the pyramid' can finally
benefit from the advantages of clean, reliable
renewable energy technologies and the
considerable market of un-connected rural areas
is unlocked
• access:energy have extensive experience
operating at the “last mile” in the most remote, off-
grid locations. Our products and services were
designed in Africa, for Africa.
POWER HUB
(4kW)
THE MICROGRID
FINANCIAL MODELLING
bitHARVESTER
HARDWARE• The STEAMA system is driven by
access:energy's bitHarvester smart meters.
These monitor and control power installations
remotely, constantly integrating data into our
Cloud based system.
• bitHarvester is a modular platform that can be
rapidly integrated into any power installation
whether off-grid or on-grid.
• each bitHarvester incorporates several high
performance, modular devices built on the latest
low-power micro-controllers and sensors.
• Specific functionalities such as reporting time and
on-board decision making are highly customisable
to clients’ needs.
ONLINE SOFTWARE
WHAT IS AFFORDABLE?• The ‘fairness’ of flat rate versus value
• ‘Utility’ of a kWh, urban versus rural.
• Utility: a measure of that which is sought to
be maximized in any situation involving a
choice.
• Differential pricing tariffs
• Commercial, domestic
• Time of use (to optimise technology)
• Application specific tariffs (lighting a clinic
versus televisions for example).
• Pricing bundles.
FINANCIAL VIABILITY
• Learning to keep costs down
• Low upfront costs for users
• Unsubsidised power
• ‘Vending machine’ model
• Cashless payments
• Catalysing economic activity is
key
• Generic modular toolbox
FINANCIAL MODELLINGUp-to-the minute, transparent data on pricing and
usage feeds into live revenue monitoring and
forecasting, opening up similar financing avenues to
those used in large scale renewable energy
projects. Relevant, updated information is constantly
available to investors and operators on customised
and customisable online dashboards.
FINANCIAL
FORECASTINGHigh resolution payment and performance data
enables sophisticated financial modelling.
Coupled with instantaneous control over tariffs
and other operational variables, this gives the
ability to conduct vital commercial experiments.
‘How does the introduction of time-of-use
pricing affect payment behaviour?’, for example.
Financial Performance
INVESTMENT• Investors typically expect >20% IRR
returns
• IRR depends on the financier and
relative micro-risk profile of the
project.
• Some sites will exceed this hurdle,
others will not.
• For the project developer, it is about
building a portfolio. For impact
investors, lower IRR’s may be
acceptable to their investment
committee.
• A breadth of financiers is therefore
required in this sector.
CONTACTS
Harrison Leaf Managing Director, CEO
Kenya +254 71 845 8563 | UK +44 7950 523440
Samuel Duby Director of Technology and Marketing
Kenya +254 712 011 818 | UK +44 7939 542605
George Potts Investor Director
UK +44 7707 171717
THANK YOU…