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

harrison@accessenergy.org

Kenya +254 71 845 8563 | UK +44 7950 523440

Samuel Duby Director of Technology and Marketing

sam@accessenergy.org

Kenya +254 712 011 818 | UK +44 7939 542605

George Potts Investor Director

george.potts@northedgecapital.com

UK +44 7707 171717

THANK YOU…