Solar delivers savings

COMPOUND: HOUSEHOLD ROOFTOP INSTALLATIONS MAKE MORE SENSE

- Jarryd Westerdale

Homeowners have the choice of where and how to spend money on electricity.

(Michel Bega)

The savings reported by homeowners who have invested in solar energy installations are growing year by year.

Increases in electricity prices are a guarantee, but being locked into high monthly bills is still a decision in the hands of homeowners.

As trust and understanding of solar installations become more common in South Africa, the data collected is highlighting the repeated financial benefits gained by those who acted early.

Electricity tariffs increased by 12.74% earlier this year and an agreement between Eskom and the National Energy Regulator of South Africa (Nersa) will see 8.76% and 8.83% increases in 2026 and 2027, respectively.

Once the 2027 increase takes effect, electricity prices would have seen a compound increase of 78% in the five years since 2022.