Creating affordable solar home solutions for communities in rural Pakistan
FIRST YEAR OF INVESTMENT
Almost a third of Pakistan’s entire population (55 million people) live in hard-to-reach places without access to electricity. Even for grid-connected customers, electricity is increasingly unreliable and expensive — power outages can last upwards of 22 hours in rural areas. For those living off the grid, households spend on average $20-30 a month on traditional energy sources such as kerosene and firewood to meet basic needs. Small capacity solar systems are clean and reliable, however distribution and affordability hinders bringing modern energy to off-grid communities.
Nizam Energy sells affordable solar energy solutions (10W-100W) to off-grid rural customers, in partnership with microfinance organizations, NGOs and government rural electrification programs, to deliver electricity to customers even in the most remote areas of Pakistan. Nizam Energy’s innovation is rooted in the ability to tackle issues of distribution combined with a direct sales model that offers easy payment options that make solar home systems affordable for last-mile customers.
Nizam Energy is creating a pathway out of energy poverty for those living off the grid in hard to reach places. Nizam’s solar home systems provide a cheaper, cleaner and more reliable source of energy to off-grid households as compared to traditional energy sources. Households will save on average $200-300 a year on energy spending in addition to long-term health and educational benefits. Nizam Energy is projected to serve more than 820,000 lives of people living in poverty by 2020.