Solar power offers a reprieve from electricity tariff hikes

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Solar power offers a reprieve from electricity tariff hikes
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Steep electricity tariff hikes mean South African consumers are still battling electricity woes, making the switch to solar more sensible than ever, says Versofy Solar co-founder and CEO, Ross Mains-Sheard.

The decision to switch to solar energy is a sensible one to make, now so more than ever. “A good starting point is understanding how solar technology contributes to overall energy efficiency in residential homes. Foremost in most South African consumers’ minds is the reduction in electricity bills that solar power can provide,” comments Ross Mains-Sheard.

The news that solar panels will now incur a 10% import tax, in an effort to prioritise supporting local market demand, may have some worried about the overall affordability of switching to solar. This is where rent-to-own and Solar as a Service can help, as it allows households to avoid the high upfront costs of solar equipment. Instead of purchasing a solar system outright, consumers have the option to pay a fixed monthly amount for the solar energy system to operate on their property, where everything, from installation to support, is covered in a monthly fee – making solar energy much more affordable and accessible for more people.

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