Solar
PV: No time like the present to invest
Hot on the heels of Eskom’s leadership
crisis comes news that the parastatal power provider wants an electricity
tariff hike of 25.3% from July 1 - double the expected increase.
As most South Africans will remember,
tariffs were expected to go up by 12.69% in 2015-16, but now Eskom wants more
cash to help pay for the diesel fuel with which to run its open-cycle gas
turbines that have kept the lights on and reduced load shedding for the past
year.
Let’s face it, higher than expected
electricity price hikes are inevitable, as the South African economy’s survival
is dependent on reliable power. This is a national imperative.
There is a positive perspective to the
Eskom crisis. For those interested in the role of renewable resources, the
tipping point to grid-parity for solar PV (photovoltaic) power is getting
closer. Solar PV power is, without question, the way forward for households and
commercial enterprises of all sizes.
And as more South Africans embrace free
solar power – accepting its inevitability in the country’s power mix – so the
already-strong demand for commercial and domestic roof-top solar PV
installations will increase even further. Consumers who have opted for solar
are already benefitting from its real medium-to-long term costs savings and
reliability advantages.
Significantly, the collapse of the rand,
which recently tested record lows against the US dollar, means there is no time
like the present to invest in solar PV as a renewable source of energy.
Here at Powermode we’re experiencing this
phenomenon first hand. Interest is burgeoning with our capacity to install
around two domestic solar PV systems a week being urgently ramped up to cater
for demand that should reach between four and six installations-per-week in the
coming months.
Our outlook for commercial installations is
equally positive with strong demand being experienced from many commercial/
industrial sectors.
Have you made a decision yet? A detailed,
free quotation is just a phone call away.
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