PLEASE NOTE: This article is from 2015. Current status (2021): If financed via a home loan, solar PV plus storage is less expensive than buying electricity from your municipality in South Africa. According to this research by Sustainable Energy Africa, this was already the case in 2019 for middle-income households.
With the price of solar PV (photovoltaic) panels dropping by more than 10% per year, and Eskom seeking double digit increases for the foreseeable future, when can we expect to see the cost of residential solar PV and battery storage systems to drop below the cost of grid power from Eskom?
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