BESTAR ENERGY Rent-to-Own Plan

What is Rent-to-Own?

Rent-to-Own is a flexible solar and battery solution offered by BESTAR ENERGY. Customers can install and use a solar system with a fixed monthly rental, while gradually working toward full ownership through a buy-out mechanism.

Key Features:

  • Fixed monthly rental based on system specifications
  • Minimum 5-year lease term
  • Buy-out price locked in from the start
  • Rental payments credited toward ownership (rent credit%=0.4)
  • Full ownership transferred once buy-out is completed

Who Is This For?

Want to reduce upfront installation costs

Residential or commercial customers who want to reduce upfront installation costs

Want to use first, own later

Users who want to use solar equipment first, then own it later

Focus on cash flow management

Customers who focus on cash flow management and flexibility

Rent Credit Buyout Mechanism

Rent-to-Own is not just renting, but a clear path from "use to own".

How It Works

1

Step 1|Installation & Activation

  • BESTAR ENERGY installs solar and battery system based on customer needs
  • System specifications, monthly rental amount and initial buyout price confirmed at contract start
  • *Minimum lease term is 5 years, but buyout timing has no restrictions.
2

Step 2|Fixed Monthly Rental

  • Customer pays fixed monthly rental
  • Agreed percentage (40%) of rental is accumulated as "buyout credit amount"
3

Step 3|Rent-to-Own Option

  • Customer can choose to buy out at any time during the lease period
  • Buyout price = Initial buyout price – Accumulated credit amount
4

Step 4|Complete Buyout, Ownership Transfer

  • When accumulated credit amount reaches buyout price
  • System ownership is officially transferred to customer

Example Illustration (Text Version)

Initial Buyout Price

$12,000

Monthly Rental

$200

Monthly Credit Amount

$80

(40% of rental)

After 12 months:

Accumulated Credit$960
Remaining Buyout Price$11,040

Complete Buyout:

When accumulated credit reaches $12,000, the system automatically becomes customer-owned

* Actual buyout prices will be calculated based on specific system configuration, years used, and contract terms. We will provide a clear buyout price table at signing.

Savings Example

Example: Melbourne family of four

Case: 6,000 kWh/year, Rent-to-Own Plan

Assume market average rate $0.30/kWh, 15-year contract (40% off)

Upfront Investment

$0

Zero upfront

Annual Cost (40% off)

$1,080

Save $720/year vs market rate

If buyout in Year 5 ($9,000):

First 5 years savings

$3,600

Annual cost after buyout

Near $0

20-year total savings

Approx. $20,000+

* Conservative estimate, excluding rate increases. Costs further reduced after buyout

Installation Process

Complete process from consultation to use

1

Online Consultation

Fill in address and recent 12 months electricity bills

2

Site Survey

BESTAR ENERGY engineers survey roof and electricity needs

3

Installation

Free installation, start enjoying discounted rates

4

Usage

Buy out anytime, system becomes yours

BESTAR ENERGY Rent-to-Own FAQ

Q: What is BESTAR ENERGY's Rent-to-Own plan?

Rent-to-Own allows customers to install and use a solar and battery system with fixed monthly payments, while gradually working toward full ownership through buy-out credits.

Q: How is Rent-to-Own different from an upfront purchase?

Upfront purchase requires full payment before installation, while Rent-to-Own spreads payments over time and reduces upfront cost.

Q: Is a deposit required?

In most cases, no or minimal upfront payment is required.

Q: How is the monthly rental calculated?

It is based on system size, battery inclusion and whether the project is residential or commercial.

Q: What is the minimum lease term?

The minimum lease term is five years.

Q: Can I buy out the system early?

Yes, customers may buy out the system at any time during the lease.

Q: How does the buy-out price work?

A buy-out price is agreed at the start and reduced over time as rental credits accumulate.

Q: Who owns the system during the lease?

BESTAR ENERGY owns the system during the lease; ownership transfers to the customer after buy-out.

Q: Who is responsible for maintenance?

BESTAR ENERGY provides monitoring and support during the lease term.

Q: What happens if I sell my property?

Options include buying out the system, transferring the lease, or settling the remaining buy-out amount.

Q: Is this plan available for businesses?

Yes, Rent-to-Own solutions are available for both residential and commercial customers.

Q: Will I definitely own the system at the end of the lease?

Yes, as long as the accumulated credit amount reaches the buyout price, the system will become customer-owned.

Q: How do I get started?

Simply contact BESTAR ENERGY for a personalised assessment and proposal.

Want to Learn More?

Submit your address and electricity information to get a free customized plan and buyout price table