A new venture is hoping to capitalise on South Africans’ load shedding misery by helping homeowners go solar, without the upfront costs.
backed by experts in renewable energy and finance, is hoping to capitalise on South Africans’ load shedding misery by helping homeowners go solar, without the upfront costs and complexity.
There is no reason the excess solar you generate at home can’t be pulled out at a charge station somewhere else This protects consumers from load shedding – providing them with “energy security” – while also, in time, saving them money as Eskom tariffs escalate annually at rates higher than inflation. Whatever the solar system generates falls off the homeowner’s Eskom bill.
Consumers, he said, are “warming to the subscription model” for solar, especially given it’s an “extremely complex and expensive” proposition if self-funded. Middleton said that it makes “no sense” that in a country like South Africa, with a struggling electricity utility and an abundance of sun, that so few homes have been converted to solar energy.
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