There’s no place like “Hohm” for 25,000, as 2023 loadshedding tally officially surpasses entire prior calendar year’s downtime!
Johannesburg, South Africa (11 May 2023) – Today, Hohm Energy – South Africa’s first fintech solar marketplace – has launched a humorous but hard-hitting video campaign to encourage consumers to take control of their power(less) situation… South Africa’s most dire year of loadshedding in history.
2023 has officially had more blackouts than the entire year of 2022, but the good news is Hohm Energy is purposely built to effectively scale demand and generate accurate and detailed proposals for its clients, both solar installers and homeowners.
Over 25,000 South Africans have already made use of the solar as a service (SaaS) platform.
Tim Ohlsen, CEO of Hohm Energy, explains how this functions to the advantage of the market: “Hohm is a software company that has built a marketplace and platform to enable the South African solar industry to scale whilst providing a convenient and trusted service experience for everyone.”
He adds, “Hohm’s software uses a homeowners’ unique design parameters of geo-location, orientation and angle of roof to generate a bespoke solar proposal within less than four minutes.”
“From there, we provide a turnkey solar solution – namely client-facing sales, customer service, a range of finance options, deployment features and workflows – and supply side, providing Tier 1 product and onboarding our vetted solar installers who we help grow their business by providing solar enquiries and offering solar finance.”
To date, Hohmenergy.com has:
- 25,000+ users on the platform
- Generated 11,800 matches between customers and installers
- Resulted in R2.3bn worth of solar solutions – 76 Megawatts of solar supply
- Attracted R1.1bn worth of finance applications – equivalent to 37+ Megawatts
- Onboarded 48 active and vetted installers across SA
- Matched customers with solar solutions ranging from R48K to R980k – something for all consumers (average value R216K)
Nedbank recently partnered with Hohm Energy to provide financing options. MFC, a division of Nedbank, has launched a new, innovative stand-alone solar finance product that resembles that of motor vehicle financing.
This has enabled MFC to offer homeowners convenient solar finance, even if they don’t have a bond or bank with Nedbank. Hohm’s marketplace and software platform enables all the coordination of servicing homeowners through the journey and matching them with vetted solar installers across SA.
Olhsen adds, ‘No South African should ever have to be in the dark. Reliable power should be a basic human right!”
He concludes, “Hohm Energy has emerged as an innovator paving the way for a true solar aggregator model that uses proprietary software technology to streamline all stakeholders in a solar project, and we look forward to this campaign connecting the dots between consumers and installers, and the resultant job creation, thereof.”
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