Saving money is a top priority for every South African right now. The economy has taken a big hit during the COVID-19 pandemic, and we are facing water shortages as well as electricity issues. It leaves us with no choice other than to find alternative solutions to keep afloat.
According to OECD, the average nett income in South Africa is R12700. A typical household spends anything from R1000 to R2000 per month on electricity, depending on the season. Even if it’s a two-income home, the utility rates are much higher than anywhere else in the world.
Apart from the fact that we are already paying ridiculous tariffs, we are bombarded with tariff increases as high as 15% every year. Additionally, the service delivery of ESKOM is unreliable with constant load shedding being implemented.
So, what can we do about it? South Africans need to know that solar energy is the way forward. We know not everyone can invest in a complete solar solution at the drop of a hat. And you don’t have to! By installing a solar geyser, you can already save up to 60% on your monthly electricity bill. You can save more than half and have a reliable source for hot water year-round!
A solar geyser can cost anything from R15 000 to R35 000 (excluding installation), depending on the size and type you install. If you do the calculations, you’ll see that you can break even within a year or two after which you will see significant savings! A high-quality solar geyser can last anything from 10 to 25 years.
One simple change can make a world of difference in your finances. If you are not convinced that switching to solar is the right option for you, why not speak to us with any questions you might have. The team here at Nupower is more than willing to assist in any way we can. Give us a call today, and we will provide you with an obligation free quote.