On February 2, 2017, ENCA released a video featuring Alan Matthews, Head of Energy Partners Home Solutions. Matthews discusses why business owners will have to find alternative energy sources.
The current infrastructure investments at Eskom are likely to affect energy tariffs in the near future. Business owners will have to find other sources of energy as electricity tariffs is said to increase from 6-8%.
Since 2008, there has been an average increase of 22% in electricity tariffs across the board. This has been equally distributed between homeowners and business. Small business, however, do not have the capital that large business do and therefore the tariff increase affects them the most.
Renewable and alternative energy sources have been perceived as expensive in the past but today it’s much more accessible. It is believed that the cost of renewables are expected to be flat or to go down. This makes it much more affordable for homeowners and businesses to install alternative energy sources.
Click here to view original video on ENCA.