Energy Access for the Unbanked

1.2 billion people living without access to the power grid spend about $27 billion annually on lighting and mobile-phone charging with kerosene, candles, battery troches or other fossil-fuel powered stopgap technologies. Solar panels are cost effective enough to replace fossil fuels, but heavy upfront investment costs limit the adoption of off grid electricity.

Solar home system market penetration goes from 50% to 80% when a 70% financing arrangement with micropayments is introduced.

Wattcoin helps off grid companies build payment solutions and financing models effectively collect a return of investment from these projects.