With our Performance-Linked Instalment Sale (PLIS),
you own your system from day one and qualify for a 100% first-year tax write-off. Repayments are linked to each kWh generated, so you pay only for energy produced - keeping your cash flow predictable, and we stay accountable for your system’s performance long after installation.
What Is the Tax Incentive?
Under PLIS, you own the solar asset, so you may qualify for a 100% first-year write-off (Section 12B). Section 12B incentive allows businesses to deduct the cost of solar assets from taxable income:
Qualify for a 100% first-year write-off - deduct the full system cost in Year 1 to reduce your tax bill immediately.
Qualify for three-year write-off - 50% in Year 1, 30% in Year 2, 20% in Year 3.
Keep the 12B Benefit
Retain the full tax write-off on your books to release cash and strengthen liquidity - while you repay per kWh your system generates.
Trade It for a Lower Tariff
Assign your 12B benefit to Candi to drive the tariff even lower. You still own the asset from day one.
Three Green Flags for PLIS
If This Sounds Like Your Business…
You want to own the system asset on your balance sheet from day one.
You want cheaper electricity than your municipality, or you want to unlock capital for growth.
You want a long-term partner who is accountable for performance for the system’s lifetime.
PLIS + Battery Energy Storage Systems (BESS)
Own your solar. Add storage for uptime.
Pair PLIS with a right-sized Battery Energy Storage System to ride through load-shedding and local infrastructure dips, protect processes, and shave peaks. We integrate PV and BESS, operate both, and provide clear commercial benefits.
Result: fewer interruptions, better bills, stronger resilience- you stay open while others shut down.
Which model fits your needs
Feature | PLIS | PPA |
|---|---|---|
Who owns the asset? | You (from day one) | Candi |
How you pay | Per kWh generated (performance-linked) | Per kWh consumed (fixed tariff) |
Tax incentives | You claim first-year Section 12B deductions | Candi claims, you enjoy a lower tariff instead |
Risk & operations | Candi designs, builds, operates, and manages performance | Candi designs, builds, operates, and manages performance |
How you pay | Those wanting ownership + tax with pay-as-you-generate | Those wanting zero ownership admin + pure Opex |
Bank or No Bank, Make Candi Accountable.
A bank can fund your solar. But it won’t guarantee performance. If you choose bank finance, you can still keep Candi on your side. Through our performance management model, we operate the system, take on performance risk, and stay accountable for every kWh generated, so you’re not left carrying it.
How PLIS Works (step-by-step)
We run a disciplined, engineering-led process - from survey and string design to SLAs, monitoring and reporting - so performance on paper becomes performance on site.
of Intent
Green-light the groundwork.
Proposal
Ballpark costing
Analysis
Price to your profile
Survey
On-site audit
Design
Engineer the right system
Documentation
Everything on paper
Contract
Lock the commercials
Acceptance
Sign & We kick off
Procurement
Team on site; parts in motion
Handover
Build, test, deliver
FAQ
Yes, PLIS is performance-linked per kWh.
We do the design to operations, including performance management.
Yes, PV is per-kWh; BESS can be added with a fixed monthly fee.
First-year Section 12B deduction applies to qualifying investments (per SARS rules and time windows).
We follow a clear LOI → survey → design → contract → build → commission → operate path.
Under PLIS, yes, VAT is paid upfront and reimbursable by SARS subsequently.
