A startup’s plan to sell solar like cell phones
gigaom.com
gigaom.com
From an engineering perspective, it seems completely backwards. The coupling between the actual cost of the system and what the user pays is minimal: drawing more power doesn't actually increase wear on the solar cells. Really, all they have done is wired a meter whose sole purpose is to waste electricity if the user isn't paying.
If it works, and if it successfully brings electricity to people who would really benefit, I can't argue with it. It just seems so very wrong from an engineering perspective.
I think this would be much better as a rent-to-own program with a flat monthly fee.
So they could run the risk of people just not paying for the device anymore because they can't afford or don't want it anymore, or tamper with it to try and get it working without paying it off. They'd still have the 10% initial fee plus any minutes they paid for already.