The Ins and outs of PV electricity generation, how it works, what it costs, how to finance it, and how to kiss your Eskom bill goodbye.
Eskom’s tariff increases and inefficiencies have dire implications for your pocket.
The announcement that Eskom wants South African homes and businesses to pay 20% more for electricity from 1 April 2018 is just the tip of the proverbial iceberg…
The ruling by the Supreme Court of Appeal on 6 June open the door for approval of further electricity tariff increases over and above the proposed 20% tariff for Eskom to recover about R42billion. Energy expert Chris Yelland has warned that the judgement has dire implications for the cost of electricity.
One Energy’s considered view is that Eskom will propose for massive increases of up to 50%, aiming as high as possible so that any compromise tariff is likely to be in the region of 20-30%, and will be so every year for the foreseeable future.
That’s why this post is focused on providing you with a thorough overview of what PV electricity generation is all about, how it works, what it costs, how to finance it, the importance of an energy audit and needs analysis and the steps that you need to take to radically reduce your electricity costs and create supply security for your home or business.
The most important question that every South African electricity user needs to answer now is this: “Why am I still prepared to pay the rapidly increasing cost of electricity that has rocketed at over 500% since 2007 driven by inefficiencies, lack of governance and reports of corruption and state capture of Eskom?”
The cost of doing nothing is unthinkable…
Have you considered what a 20% increase, year-on-year will do to your electricity bill in the next five years alone? In less than 4 years, your current electricity costs will more than double.
When it comes to your electricity supply and costs, you have the absolute power to take control and do something constructive about it by becoming more energy efficient and grid independent by converting to solar electricity generation, or photovoltaics (PV).
Investing in solar to save on your electricity costs is a no-brainer, and the very best investment you can make right now for your business or home over the next 20-25 years.