Solar Energy at R1.00/kWh, Electricity to Increase to R4/kwh
IT News Africa | Vusi Melane - Jul 22, 2024
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- Residents in major metros across South Africa are facing substantial double-digit increases in their electricity bills starting from 1 July.
- The average increase for key industrial and urban electricity tariffs stands at 13.29%.
- As electricity customers increasingly turn to self-generation and alternative energy sources such as rooftop solar PV, battery energy storage, gas for cooking, and solar geysers, the cost of Eskomβs electricity supply is poised to rise steeply, well above inflation.
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The increasing electricity tariffs in South Africa, combined with Eskom's declining revenue base, pose significant challenges for residents and businesses. As more customers turn to alternative energy sources, such as solar PV, the cost of Eskom's electricity supply is expected to rise steeply. This situation calls for further discussion on the need for sustainable and affordable energy solutions.
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