Smarter Grid is committed to facilitating sustainable electrification and economic development of rural homes and businesses.
Smarter Grid provides ground-breaking solar systems to homes and businesses in rural and peri-urban communities through a unique financing solution.
100
MLN
Nigerians living without grid electricity
Over
80% of Nigerians
rely on generators for their main source of energy.
57% of Sub-Saharan Africans have no access to electricity
600 million Sub-Saharan Africans without grid electricity in 2011.
698 million Sub-Saharan Africans without grid electricity by 2030.
More than 2000 units deployed in Nigeria in less than 2 years since launch.
Combines IFC-qualified, verified solar home systems paired with high-quality DC appliances
Pay-As-You-Go payment technology integration in partnership with established providers - a proven, scalable model in Nigeria and Sub-Saharan Africa.
Varying system sizes of 10W to 600W to accommodate customers of different energy needs and income groups.
15-50 times more light for less money than other energy substitutes.
Hybrid, flexible payment solution, accepting PAYG payments through bank, USSD, agent networks, mobile money and online payment gateway powered by PAGATech.
Able to operate in very remote areas with little or no network connectivity via loRaWan Technology.
Distribution Infrastructure, through colocation of our kiosks with Paga agent network manned by our rural women tech squad.
Remote control and monitoring capabilities enabling billing and collection of customers’ credit data, helping to unlock access to other financial services.
Improving health, education and economic productivity
Mitigating last mile problem to service rural communities at close proximity
Empowering rural women to be agents and technical squad
Improving financial access to the poor with valueadded services
Creating jobs and entrepreneurial empowerment
Displacing use of kerosene, candles and fuels benefitting the environment
For price-sensitive customers who only need light.
Includes LED bulbs, tubes and solar-powered radios. Includes LED bulbs and fans.
Includes LED bulbs, TV and a free-to-air decoder.
For businesses – includes multi station chargers and LED tubes for lighting up large halls, shops or meeting rooms.
Technology providers
Aggregators
Payment platforms
E-commerce and retail platforms
Microfinance Institutions
Cooperatives
IFC - Lighting Africa Programme
Power for All
Global Offgrid Lighting Association
Local community governments
Rural Electrification Agency
Off-grid population in Sub-Saharan Africa is forecast to rise from
600 million in 2011 to 698 million in 2030.
$ 0.20 Billion TODAY $ 6 Billion Mid Term $ 50 Billion Long Term
We project a similar growth trajectory to the one followed by mobile phones. Demand for solar home systems is driven by rising and deepening mobile penetration.
Delivered over 2000 solar home systems across 5 states in Nigeria in 2 years. From 10 employees since inception in 2015 to 50 full-time employees in 2017.
Developed proprietary brand portfolio comprising Smarter Grid branded products and holds all related intellectual property rights.
Partnership with Ekwuagbor community in Delta state, Nigeria, for illumination of [XX] homes and small businesses.
Collaboration with the Farmers Association in Ogun state for solar power solution for [XX] farms.
One main competitor in Nigeria: Nova Lumos
Nova Lumos’ model is dependent on co-branding with mobile communications company MTN. This gives it a headstart to penetrating the Nigerian market through MTN’s existing subscriber base. However, payment and services are less flexible and accessible, being exclusively tied to MTN channels NOVA LUMOS
Smarter Grid
MTN airtime only
Scratch cards, bank in branch, online, mobile money or payment gateways powered by PAGA
One size (80W) solar home system
Varying sizes of 10W to 150W to accommodate different energy needs and income groups
PAYG plan does not include DC appliances
Product packages with different DC appliances on PAYG platform
Requires MTN mobile reception
Operational in remote areas with low/zero connectivity via LoRaWAN technology
Self-installation
Installation carried out by trained and certified technicians
Electricity as a service with asset ownership after 5 years
Hybrid PAYG model consisting of Rent-To-Own and Electricity as a service
Fund-raising / Sales campaign
Reach over 10,000 customers in Nigeria
Roll out commercialization programme in Nigeria
Set up field operations and finalise partnerships in neighboring countries
Fund-raising targets reached
Launch Big Yellow Initiative in neighboring countries through regional expansion plan
Smarter Grid is seeking to raise $5 million in equity to finance its growth over the next year.
***Insert financial printout
Founder and Chairman of Eurafric Group. Leading Nigerian entrepreneur reputed for successful domestic and foreign investments.
Former U.S. Ambassador To Nigeria, ECOWAS, Republic Of Congo. CEO of FEEEDS Advocacy Initiative
Nigerian energy entrepreneur and executive. Experience including acquisition of 1020MW Sapele Power Plant.
Financial modeling and Forecasting, Financial Reporting and Analysis. Business Valuation across the Oil and Gas.
Expertise in energy storage architecture and applications, renewable energy integration, battery management systems.