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Cheap, reliable power from mini-grids enables income-generating activity and is driving consumption, finds CrossBoundary’s Mini-Grid Innovation Lab in their latest Innovation Insight: Appliance Financing 3.0. Download the full Innovation Insight to learn more. CrossBoundary’s Innovation Lab funded developers who deployed 326 income-generating machines on credit to customers across 25 sites in Nigeria, Kenya, and Tanzania. Appliance financing 3.0 focused on...
CrossBoundary's Innovation Lab recently completed an analysis of the Tariff Reduction prototype, which the Lab ran from 2018 to 2022 in Tanzania. The findings prove that mini-grids can deliver lower tariffs to rural customers with significantly fewer subsidies than the main grid. Why? Lower tariffs significantly increase consumption, and these high consumption levels are sustained over time. Download the full...
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