Guidance for PAYGo RBF Funds

Strengthening how we measure and incentivise sustained energy access

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Published on 16 April 2026

This Guidance Note supports RBF funders, designers, and implementers to strengthen the long-term impact of PAYGo companies by integrating industry-standard performance metrics into fund design and monitoring.

While Results-Based Financing (RBF) has played a critical role in expanding energy access, many programmes continue to focus primarily on sales, with limited visibility into sustained consumer outcomes such as ongoing usage, affordability, and system ownership.

The guidance proposes embedding two widely used industry KPIs – Repayment Rate (RR) and Customer Ownership Rate (OR) – across the RBF lifecycle. These metrics, already used by companies, investors, and data service providers, offer practical and scalable proxies for sustained energy access and financial performance. By aligning RBF design with these KPIs, funders can improve incentive structures, enhance monitoring and evaluation, and better align with market actors.

Drawing on industry consultation and emerging RBF practices, the Guidance Note provides a structured overview of how these metrics can be adopted, including a menu of options for incorporating repayment-linked incentives, considerations for subsidy design, and key trade-offs to manage. It also highlights opportunities to leverage existing data systems and digital monitoring platforms to minimise additional reporting burdens.

 

This work forms part of GOGLA’s broader effort to support a shift from short-term, sales-driven approaches to outcome-based financing models that prioritise sustained access, consumer protection, and company viability. The Guidance Note is intended as a practical resource to support collaboration and learning across stakeholders as the next generation of RBF programmes is developed.

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