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Pay-as-you-go Financing for Healthcare Facilities | ACE’s Solution

Ensuring that healthcare facilities in Nigeria have reliable and sustainable energy is essential for providing quality patient care. Access Care Energy is transforming the energy landscape with its innovative Pay-as-you-go financing solution. This model is designed to make clean, solar energy accessible and affordable for healthcare providers, enhancing energy reliability and operational efficiency throughout 2024.

Table of Contents:

  1. Introduction
  2. The Need for Reliable Energy in Nigerian Healthcare Facilities
  3. Access Care Energy’s Pay-as-you-go Financing Solution
  4. How Pay-as-you-go Financing Works
  5. Benefits for Healthcare Facilities
  6. Success Stories
  7. Getting Started with Access Care Energy
  8. FAQs
  9. Summary

Introduction

Access Care Energy is leading the way in providing clean and reliable energy solutions to healthcare facilities in Nigeria with its Pay-as-you-go financing model. This innovative approach addresses the frequent power outages and high costs associated with diesel generators, offering a flexible and affordable alternative. Furthermore, by integrating Pay-as-you-go financing, we ensure that healthcare facilities can access solar energy without the burden of large upfront costs.

Infographic showing the Pay-as-you-go financing model for solar energy in healthcare facilities

The Need for Reliable Energy in Nigerian Healthcare Facilities

Healthcare facilities in Nigeria face significant challenges due to frequent power outages. Many rely on costly and environmentally harmful diesel generators. According to the International Energy Agency, approximately 60% of healthcare facilities in Nigeria lack reliable electricity. This impacts the quality of care and operational efficiency, making a dependable energy solution crucial for maintaining critical medical equipment and overall healthcare operations.

 

Access Care Energy’s Pay-as-you-go Financing Solution

Access Care Energy’s Pay-as-you-go financing solution is designed to overcome these challenges. By offering solar energy systems with minimal initial costs, we provide a sustainable and cost-effective alternative to diesel generators. This financing model allows healthcare facilities to transition to clean energy without financial strain, making it easier to maintain continuous and reliable operations.

The Need for Reliable Energy in Nigerian Healthcare Facilities

Nigeria has an estimated 40,017 healthcare facilities, including public, private, formal, and informal facilities at various levels (primary, secondary, and tertiary). Of these, 85.3% are primary healthcare centres (PHCs), with 28,036 publicly owned. The private sector plays a significant role, accounting for 44% of healthcare facilities.

Despite the vast number of facilities, Approximately 40% of functional PHCs lack access to reliable electricity. Moreover, ~80–83% of PHCs are not powered by renewable sources, highlighting a critical gap in energy reliability. Interviews suggest that only 30–40% of public PHCs are considered fully functional, underscoring the need for sustainable energy solutions. Most of whom operate mainly on generator set that are put on only when they are required and put back off immediately.

Source: https://www.seforall.org

How Pay-as-you-go Financing Works

Our Pay-as-you-go model simplifies the transition to solar energy:

  1. Initial Assessment: We conduct a detailed assessment to determine the energy needs of the healthcare facility.
  2. Installation: Solar panels and related equipment are installed with a minimal initial payment.
  3. Flexible Payments: Facilities pay for the energy they use through manageable monthly instalments for up to 10 years
  4. Ownership Transfer: Once the payment plan is completed, the facility owns the solar system outright, benefiting from long-term savings and reliability. (Terms and Conditions apply)

Benefits for Healthcare Facilities

  • Cost Savings: Save up to 60% on energy costs compared to traditional diesel generators.
  • Reliability: Ensure continuous power supply for essential medical equipment and daily operations.
  • Environmental Impact: Reduce your carbon footprint by switching to renewable solar energy.
  • Scalability: Adapt the system to meet growing energy needs, ensuring long-term flexibility and sustainability.

Success Stories

  1. Lagos Executive Cardiovascular Centre: Since implementing our Pay-as-you-go solar solution, Lagos Executive Cardiovascular Centre has reduced its energy costs by 40% and decreased power outages by 50%, significantly enhancing patient care and operational efficiency.
  2. Paelon Memorial Hospital: This facility has benefited from uninterrupted power, ensuring that their vaccine storage remains operational at all times, supporting critical medical services.

Getting Started with Access Care Energy

Healthcare facilities interested in our Pay-as-you-go financing solution can follow these steps:

  1. Contact Us: Reach out for an initial consultation and energy needs assessment.
  2. Custom Solution Design: Collaborate with us to design a solar energy system tailored to your facility’s requirements.
  3. Installation and Training: We handle the installation and provide training for your staff on the system’s operation and maintenance.
  4. Start Saving: Begin using clean energy with flexible, affordable payments and enjoy the benefits of reliable power.

FAQs

Q1: How much can healthcare facilities save with Pay-as-you-go solar energy?
Facilities can save up to 60% on energy costs compared to traditional diesel generators.

Q2: What if a facility misses a payment?
We offer flexible payment plans and support to help facilities manage their payments effectively.

Q3: How long does the installation process take?
The installation process typically takes a few weeks, depending on the size and complexity of the system.

Q4: Is technical support available after installation?
Yes, we provide ongoing technical support and maintenance services to ensure optimal performance.

Summary

Access Care Energy’s Pay-as-you-go financing solution is revolutionizing energy access for healthcare facilities in Nigeria. However, by offering affordable, reliable, and sustainable solar energy solutions, we help healthcare providers deliver high-quality, uninterrupted care. With this innovative model, 2024 and beyond is set to be a brighter year for healthcare in Nigeria.

References

  1. International Energy Agency
  2. Sustainable Energy for All
  3. World Health Organization
  4. SolarAid
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