Apollo has established itself as a market leader in the newly emerged sector of grid-based electricity retail in the country. Our core business is the retail of wheeled solar and wind electricity as well as Renewable Energy Certificates (RECs) to the Commercial and Industrial private sector market.
Our power is produced in large wholesale quantities which we break into fractions for our retail customers. You get prices better than what you could have achieved from building a small plant just for your needs.
All our supply is built by Tier 1 developers with a strong, reliable track record of renewable project delivery. All our supply projects go through a rigorous compliance and due diligence process both by us and the banks.
A Renewable Energy Certificate (REC) is an electronic record verifying the origin of energy by a registered renewable energy entity. It is possible to trade a REC worldwide and separately from the electricity grid infrastructure. Consequently, it offers renewable energy producers the potential of an additional revenue stream and buyers of RECs increased green coverage over their operations. RECs can be created and traded over the Apollo Marketplace.
Wheeling is a financial transaction representing the transportation of third-party electrical energy (kWh) over the grid. This allows geographically dispersed generators to sell their energy to any eligible customer connected to the power grid. For example, a generator based in the Karoo could wheel energy to a customer in Richards Bay. That customer’s Eskom/ municipal bill would then be credited for the amount of green energy purchased.
Not directly. There are no infrastructure changes that come with wheeling. All your power will continue coming from the power pool, through the existing grid. You will just see a credit applied to your Eskom/ Municipal bill. However, the more the private sector starts participating in the procurement of wheeled energy, the more robustly stocked our power pool becomes.
Billing is done on monthly total energy productions and consumptions thus mitigating the financial impact of short-term loadshedding intervals.
It typically takes between 6 – 18 months for a new renewables project to be ready to deliver power. 6 months for “shovel ready” projects and 18 months for undeveloped sites.
Because of the incredible uptick in demand for renewables, early contracting of supply capacity is recommended to lock in supply commitments.
A PPA is a “Power Purchase Agreement”. It is a contract to buy power direct from the supplier.
We bring you obligation-free custom energy offers according to your demand profile helping you save money and giving you certainty over your future energy costs.
A custom energy offer is tailored to your company’s demand profile, allowing you to make savings. Once you enter into a supply contract you can lock your pricing. This allows for clear foresight with regards to future energy costs.
Yes. Price increases are subject to Consumer Price Index (CPI) increases only.
No. You can enter into a supply contract for anything from 1 to 100% of your electricity needs.
Anything from 5 - 20 years.
No, the only upfront costs to you will be your fully refundable deposit to secure your supply.