Solar power is a hot topic as South African homeowners look for protection from escalating electricity prices and reports that Eskom might implement permanent loadshedding over the next two years.<\/p>\n
Before signing on the dotted line, Standard Bank\u2019s home efficiency platform LookSee.co.za<\/strong><\/a><\/strong> advises homeowners to find out whether their property is optimal for a solar installation and the amount of power they could reasonably expect to generate \u2013 particularly if they hope to take advantage of government\u2019s plans to allow homes to sell excess power sold back to the grid.<\/p>\n To incentivise greater uptake of commercial and residential solar installations, President Cyril Ramaphosa recently revealed that Eskom will soon complete its work on developing a feed-in tariff for all installations on its network.<\/p>\n The City of Cape Town, meanwhile, has received an exemption that will allow it to buy back excess power from businesses and residences during the course of the year.<\/p>\n Standard Bank\u2019s head of digital and eCommerce, Andrew van der Hoven explains: \u201cSouth Africa offers excellent conditions for solar power, but this does not mean that the conditions of every property are excellent.”<\/p>\n “For instance, your neighbour may be able to power their own house and sell back to the grid, while your house may only support a medium-sized solar system with lower production potential.\u201d<\/p>\nEasy access to valuable solar information<\/strong><\/h3>\n