Country:Mexico
Year:2012
Policy status:In Force
Jurisdiction:State/Regional
Date Effective:2012
Date Ended:2016
Policy Type:Economic Instruments>Direct investment, Economic Instruments, Economic Instruments>Fiscal/financial incentives>Loans
Policy Target:Solar>Solar photovoltaic, Solar>Solar photovoltaic>Off-grid
Policy Sector:Electricity
Size of Plant Targeted:Small
Agency:The Government of the state of Oaxaca and The Spanish Agency of International Cooperation for Development (AECID)
URL:http://www.acciona.com/news/progress-light-home-project-oaxaca-mexico
URL:https://sites.google.com/a/accioname.org/acciona-microenergia-mexico/programa-luz-en-casa-oaxaca
Legal References:Luz en Casa Oaxaca Programme (Oaxaca)
Funding:The Government of the state of Oaxaca and The Spanish Agency of International Cooperation for Development (AECID)
Description:

The "Luz en Casa Oaxaca" program aims to facilitate access to electricity by small solar lighting systems to households in towns with less than 100 inhabitants in the State of Oaxaca, where the Federal Electricity Commission has no plans for electrification. The incentive aims to reach 9,000 households, or around 25,000 beneficiaries.

Users received funding under an agreement between ACCIONA Microenergía México and Kiva, a leading US crowdlending organisation. Through its community of "investors" (individuals who lend money to others out of solidarity), funds were raised to cover the user's loan applications (US$120-125 per user), which will be repaid in 12 monthly instalments. This enabled low-income families to purchase photovoltaic systems.

Last modified: Mon, 30 Nov 2015 17:59:46 CET