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Banks are allowing homeowners to finance solar PV installations through home loans and unsecured lending options. A small solar PV system for your home or business could cost under R120 000, which not many people can afford to pay cash. But there are financing options available from banks, which can be budget-friendly, according to an industry expert.
Households and businesses can beat load shedding and still save money if they install solar PV systems and battery storage, according to an industry expert. During a media roundtable on South Africa's energy future, Matthew Cruise of Hohm Energy, an online solar marketplace, showed how consumers stand to gain if they ensure that 90% of the electricity needs are met by solar PV and battery installations. Read Full article here
Joburg residents sit in the dark for days as the city’s grid collapses Now mayor Mpho Phalatse wants to cut the Eskom stranglehold by using more independent power producers. Read Full article here
JOHANNESBURG - South Africans could be in for more than three months of power cuts this winter depending on Eskom's generation unit losses.The utility revealed this at a briefing on Tuesday after the country was moved from stage two rolling blackouts to stage four.Colder weather usually comes with an increase in demand as South Africans try to keep warm.But if generation units are lost for whatever reason, it becomes harder for Eskom to keep the lights on. Read full article here
The newly-gazetted Electricity Generation Act regulations will allow private individuals and businesses to generate up to 100MW of electricity for their own use without obtaining a licence from the National Electricity Regulator, says Andrew Schaefer, managing director of property management company Trafalgar. Read More