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What Makes Up Solar PV Panel Costs?

Many South Africans want to get off the unstable, failing electricity grid and make the switch to Solar. However, the upfront costs of solar panel installations can be a drawback. Why does a solar PV system cost what it costs – and is it financially worth it?

Can Solar Panels Save You Money?

While South Africans must somehow weather the economic hardships caused by the COVID-19 lockdown measures, Eskom seemingly has no compunction when it comes to adding to our problems.

Renewable Energy in South Africa

South Africa currently has over 100 large-scale renewable energy projects either fully operational, or waiting to be completed over the next five to ten years. These projects are focused predominately on wind and solar energy, but there are biomass (plant photosynthesis energy) and hydro-electric ventures being developed. Take a look at the infographic below, credited to www.energy.gov.

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