The appetite for investing in alternative power solutions by showed declines in the second quarter.
investing in alternative power solutions by South African homeowners showed declines in the second quarter, with significant drop in owners showing interest in going off-grid, a study by Absa bank showed on Thursday.
“Reducing electricity costs remain one of the most important factors in alternative power solutions investment, but slightly lower than in the first quarter of 2024,” the report found. Homeowners surveyed in the index cited affordability as the main reason why they’re not considering installing alternative power solutions, while others said that they were confident that power supply would improve.
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