Tag: electricity costs

While South Africa has enjoyed an extended respite from load shedding this year, there are other compelling reasons to accelerate the transition to renewable energy. One of the reasons are that businesses and homeowners are concerned about Eskom’s reported intention of seeking a 36% increase in tariffs in 2025 - on the back of electricity prices that have roughly tripled over the past 14 years.

Last year, South African businesses were spared from Eskom’s proposed 32% tariff hike, which would have come into effect from 1 April 2023, with energy regulator National Energy Regulator (NERSA) postponing its decision on this for the next two financial years.

As we continue to strive for a cleaner planet, governments, industries, and organisations around the world are uniting to build a sustainable future. The time is ripe to explore innovations and technologies that can work to reduce carbon emissions and help to facilitate better resource efficiency.

South Africa’s energy shortage is having a profound impact on its cities. Economic growth and jobs continue to be affected at a time when cities urgently need to recover from the COVID-19 crisis to retain their competitiveness and attractiveness.

With South Africa experiencing its worst year of load shedding to date, we’re seeing a surge in demand for alternative power solutions from homeowners and businesses alike. Solar is emerging as a popular option, enabling people to reduce their reliance on Eskom at a time the utility is asking the regulator to approve a 32% increase in power tariffs.

Businesses that rely heavily on refrigeration for their day-to-day operations are painfully aware that even the slightest inefficiencies can make a significant impact on their electricity costs, which is why ensuring these systems always perform at an optimal level must be a priority.