Infinity Solar Partners for Affordable Solar Power Systems

Infinity Solar is partnering with Lightleasing Pty Ltd, a solar leasing company of Trina Solar Limited (TSL) for a new leasing scheme that would be made available to residents of Australia in the fourth quarter of 2013.

Competitive Rates

Under the scheme, prospective clients like homeowners and business can install solar power systems without having to pay upfront. The agreement also specifies flexible lease terms, insurance and maintenance.  Also under the scheme, customers will get compensation if the solar power system installed in their houses or businesses under perform.

The scheme offers one of the most competitive rates in the market, where the current rates for solar panel leasing range from 10 to 15 per cent. Flexible loans terms range from as short as seven years to 10 years. After the customer fully pays the loan, he or she will own the system and thus benefit from the savings resulting from lower energy bills. The low loan rates and flexible terms should prompt customers to inquire about solar panel quotes or more specifically, Infinity Solar quotes.

Removing hurdles

Infinity Solar director Chris Thomson said that one of the hurdles to installing solar systems is the upfront payment. People would forego inquiring about solar panel quotes and instead opt for cheaper alternatives like inexpensive operators offering cheaper equipment and installation fees. He added that with the new scheme, more customers will be encouraged to ask for Infinity Solar quotes or try high quality photovoltaic systems.

Thomson also noted that the energy savings that customers will get from using the solar system can cover the monthly loan repayments. He added that solar leasing is becoming more popular in Australia, following the footsteps of the United States and some countries in Europe. “Forty to fifty per cent of new business could come from leasing in the near future,” he said in a statement.

Trina Solar country manager John Susa expressed delight over the launching of the scheme, citing that the pioneering initiative will change the way people perceive solar systems in Australia. “This truly is a new pathway for enabling solar in this country,” he added.

Program partners

Considered as the best solar company in Australia by independent website Solar quotes, Infinity Solar has installed more than 7,000 PV solar panel systems in households in New South Wales, Queensland and Northern Territory. These systems combine for an energy output of 25 megawatts. The company also supports solar hot water and LED lighting solutions.

Lightleasing is a subsidiary of Trina Solar Australia. It was established to make solar energy more affordable for businesses and households in the country. The firm is being positioned to propel the growth of the Australian solar industry through innovative solutions for residential and commercial customers. It offers clients with the option to rent out high quality solar power system with no upfront payment. Flexible terms are also offered by the company to its clients.

Trina Solar is one of the largest PV module manufacturers in the world. Established in 1997, it provides modules and integrated solar system solutions. Its local team in Australia deals with sales, marketing, system design, logistics and technical support to clients.

The Author

Darryn Van Hout

I developed an interest in the Australian energy and construction sectors more than a decade ago and have since closely followed the trends, technologies and developments shaping both industries. My involvement in the Australian solar market began in 2008, and over the years I have built strong connections with professionals, businesses and organisations across the construction, solar and renewable energy sectors in Australia and internationally. These connections include solar panel and inverter manufacturers, electrical and construction industry professionals, software developers creating tools to quote, monitor and manage solar power systems, and media organisations that closely follow developments across energy, construction and renewable technologies. Today, I continue to contribute as an industry advocate, author and commentator, sharing practical insights and information to help Australian consumers and businesses better understand solar power, energy technologies, construction-related developments and the changing Australian energy landscape.