Booming Solar Market in South Africa: Owning vs Renting Solar Systems

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Recent data shows a 350% increase in electricity generated by solar panels in South Africa. By August 2023, 4,481 megawatts of solar panels were installed. Understanding the differences between owning and renting a solar system is crucial.

Solar is a booming market in South Africa, with households considering buying or renting solar systems to avoid power cuts. Data from Eskom shows a 350% increase in electricity generated by Small-scale Embedded Generation (SSEGs) through solar panels.

By August 2023, 4,481 megawatts of solar panels were installed, 2,500 megawatts more than last year. Understanding the differences between owning and renting a solar system is crucial in the pursuit of cost-saving and uninterrupted power supply.

 

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