Make no mistake that you and every South African electricity user will be footing the bill in just a few months for Eskom’s inefficiency, endemic corruption, malfeasance and failed business model. National Treasury has stated in no uncertain terms that NERSA will need to ensure that the 2018 increases are able to keep Eskom liquid and prevent an economic crisis – if Eskom falls over, so does South Africa. That means you’re going to be paying a lot more than just 20% extra for your electricity usage.
Eskom is running out of cash and its loan facilities have dried up. By the end of January 2018, it will run on a cash deficit of R5bn. Eskom needs R8bn cash a month just to keep running. The last time Eskom ran out of cash to pay suppliers and staff salaries (Sep 2015), it turned to the government for an R83bn bailout – R23bn in cash and the balance a write-off of R60bn debt owed to the government.
On top of this, the South African Institution of Civil Engineering (SAICE) gave SAs state-owned infrastructure an overall grade of D+. The damning report cautions that efficient maintenance of infrastructure is critical, yet failing. If infrastructure is mismanaged through a lack of maintenance, functional life-span will decline.
The real burning issue right now is how much your electricity is costing you, and why you are paying for something that you can generate yourself with renewable energy technology. If you don’t do anything to address your electricity costs, an average family of four with a current bill of R2800/pm will spend close to R600k in 10 years, on a very conservative 15% increase per year. That’s R600k of your hard earned cash, up in smoke.
In less than four years, current electricity costs will more than double. Eskom wants South African homes & businesses to pay at least 20% more for electricity from 1 April 2018. The current scramble to stave off insolvency amid a liquidity crisis strongly suggests that it will be more than 20%. You don’t have to swallow these costs – there are solutions.
GET OFF THE GRID STEP-BY-STEP
When you do the sums and look at what your money could be doing from an investment perspective, it’s very clear that finding alternatives to Eskom’s over-priced and unstable grid electricity is an imperative for every South African household and business.
One Energy will get you off the grid step-by-step. It’s a process, which starts by reducing electricity usage at home or work, and implementing energy-efficiency measures. Once you’ve addressed your big energy users such as water heating, appliances, machinery and equipment, One Energy will get you fully ‘PV-ready’ so that you can invest in a solar photovoltaic (PV) system to generate energy from the sun – for free – for your home or business. Take control and go solar. For every month that you delay, you’re wasting thousands of Rands that you could be putting back in your pocket every month.
Monthly Loan Option
Many people put off making the switch to alternative energy sources because they don’t have the upfront cash. That’s why One Energy offers you competitive finance options. With every Eskom increase that comes each year, you’ll be saving more and more and protecting your pocket against the impact of hyperinflationary increases. So, instead of paying exorbitant electricity bills for absolutely no return, you’ll be investing your money into your new resources, saving thousands over the long term. The monthly repayment is almost always covered by the savings on your electricity bill! Even while you’re still paying off your system, you’re likely to be paying out less than you would have on your electricity bills. Investing in renewable energy solutions for your home or business is the best financial decision you can make, right now!
WITH THE RIGHT PARTNER, RENEWABLE ENERGY IS AFFORDABLE, EFFICIENT AND THE RETURN ON INVESTMENT IS ASTOUNDING
It’s really important to use a reputable supplier with a national network, proven workmanship, quality products, product warranties, qualified installation professionals and a full maintenance offering to keep your system working at optimal level.
Beware of cheap systems, bakkie brigade operators and questionable installation methods – they will leave you disappointed with inferior savings results and potentially safety risks. Service and quality really do matter when it comes to having hot water and electricity 24/7. Most of all, you want to be sure that your supplier complies with industry and safety regulations, that your installation is 100% safe, sound and optimised for your needs, and that your supplier will be around for years to come to fulfil on warranties and servicing requirements.
One Energy is a national franchise group of 28 branches which is growing rapidly based on the quality of solutions, technical expertise and back-up, installation methodologies, full maintenance plans and finance options. Every one of our clients is a contactable reference, and our workmanship, systems quality and work ethic are flawless.
Talk to One Energy today to book an obligation free consultation and site visit:
Call: 0861 4328 464 (0861 HEATING)