Pitch
According to Global Alliance on Clean Cookstoves, 92 percent of Nigerians (who live on less than €2.5 per day) largely cook with dirty fuels .At Homefort Energy, we are changing this narrative by switching low income households to cooking gas using digital innovations and pay-as-you go model.
In order to serve poor households with cooking using ‘paygo’ model, we developed a proprietary smart meter. These meters are retrofitted to cylinders.
To onboard a low income customer to cooking gas, she makes a down payment of €10 and we give her cooking gas startup kit. The startup kit is prefilled with gas, but the customer can prepay for gas in micro-units of as low as 40 cents per time using her phone.
When the unit bought is exhausted, the meter locks in the gas within the cylinder until a new account is bought. Because the meter is IoT enabled, we remotely monitor the customers’ gas volume left. We deliver fresh pre-filled cylinders to customers before they run out of gas
