Strategies That Can Be Used to Make it Possible for Poor Households to Afford the Cost of Electricity Connection

Several strategies can be used to make it possible for poor households to afford the cost of electricity connection.

The first strategy that can be used to make it possible for poor households to afford the cost of electricity connection is that of availing credit to the said poor households (for this particular purpose). The credit can be availed through a formal banking institution. That is where, for instance, it can become possible for poor households keen on getting connected to the national grid to, say, proceed to the www.capitalone.com login page, and proceed to apply for such a loan through a process similar to the one described in this blogpost.

The second strategy that can be used to make it possible for poor households to afford the cost of electricity connection is that of having a system where the poor households can be connected to the grid, and then allowed to pay slowly over time in small installments.

The third strategy that can be used to make it possible for poor households to afford the cost of electricity connection is that of having a system where the cost is simply subsidized. The subsidy can be from the taxes or from some other government source.

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