Circular Energy’s Post

This will only serve to make solar ROI much more attractive.

Good-ish news for consumers, not so good news for Eskom... 🤔 This is significantly lower than what I had predicted (my money was on a 20-25% increase, admittedly). Eskom needs to find creative ways to control costs while maintaining a reliable energy supply, otherwise the utility death spiral could come quicker and harder than we all anticipated. Unreliable supply could lead to more customers defecting from the grid, leaving a smaller pool of customers that contribute an increasingly diminishing portion of the utility's revenue. This scenario may help accelerate the energy transition, but the only question is whether it will net be a Just transition. Only time will tell.

Breaking News ⚡ | NERSA - RSA Approves 12.7% Electricity Tariff Increase The National Energy Regulator of South Africa (NERSA) has approved a 12.7% electricity tariff increase for the 2025/26 financial year, effective from April 1, 2025. This is significantly lower than Eskom Holdings SOC Ltd 's requested 36.15% increase. Additionally, NERSA has approved tariff hikes of 5.36% for 2026/27 and 6.19% for 2027/28. These decisions highlight the ongoing challenges in South #Africa's energy sector and underscore the importance of exploring sustainable energy alternatives. Investing in solar power can offer both energy security and cost savings for consumers and businesses alike. Read more: https://lnkd.in/d5c4J8gk #SAPVIA #NERSA #Eskom #ElectricityTariffs #RenewableEnergy #SolarPower #EnergyNews #SouthAfrica #Loadshedding #PowerCrisis #ElectricityPrices #EnergySecurity #JustEnergyTransition #SustainableSolutions #EnergyIndependence

Nersa Approves 12.74% Eskom Tariff Increase Starting April 1: It is time to take control of your energy costs with Freedom Won Battery Energy Storage Systems—SA’s preferred battery brand (Jaltech Survey 2024). Your Power, Your Terms!

It's time to make the switch to green energy! 🌍 With the recent news of another electricity tariff hike by Eskom, now is the perfect time to consider investing in sustainable energy solutions like solar power. Not only will it help reduce your electricity bills, but it also contributes to a cleaner, greener future. Let's embrace renewable energy and lessen our dependence on fossil fuels. #GreenEnergy #SolarPower #Sustainability #RenewableEnergy https://lnkd.in/gjnHmiCt

The National Energy Regulator Of South Africa (Nersa) has approved the tariff applications of 178 licensed electricity distributors, including municipal and private distributors, for the 2024/25 financial year. City Power Johannesburg, as one of the applicants, will start implementing its new tariff increase, as approved by Nersa, from July 1. City Power requested an increase of 12.7%. City Power, as the City of Johannesburg’s power supplier, submitted a cost-of-supply study based on factors affecting its operations and customers, including industry inflation driven by increases in bulk purchases cost, operational costs and overall cost structure. Notably, the approved average tariff increase of 12.7% does not mean every customer will experience the same increase, with some customers due to have a slightly lower tariff increase and others higher. For example, the average increase to a typical indigent customer was limited to 6.21% as they are the most vulnerable customer category. Read more: https://lnkd.in/d3aX9MBk #RenewableEnergy #Solar #SouthAfrica #Electricity

The National Energy Regulator of South Africa’s (Nersa) downward adjustment of the over 36% tariff increase Eskom had applied for to accrue savings for the consumer of about R1 billion in the next three years came as cold comfort to business, consumer and civic organisations who felt the power utility had been allowed to squeeze them out of pocket.

Still our energy affordability is a complex issue. We still have a long way to go to completely green its grid and we need strategic execution plans to manage the ‘Energy Trilemma’. **To note, the 2025 budget allocates over RM300 million to the National Energy Transition Facilitation Fund (NETR) to support decarbonization and green energy.

"The average price of Eskom electricity has increased by over 1,722% since South Africa became a democracy, significantly outpacing inflation of 451.9% over the same period." https://lnkd.in/ep3kgH6V #solar #pv #solarpv #solarsolutions #solarsolution #solarhybrid #solargridtied #batterybackup #solarpanels #solarinverters #solarbatteries #hybrid #gridtied #electricitycosts #electricityincreases #risingcostofelectricity #greenenergy #green #renewableenergy #sustainability #businesscontinuity #renusolar

The Nigerian Electricity Regulatory Commission (NERC) has officially adopted the @African Forum for Utility Regulators (AFUR) Mini-Grid Tariff Tool. This tool is set to transform cost reflective tariff determination in the mini grid project subsector. It was developed in collaboration with AFUR and key stakeholders to enhance the system. This innovative tool is set to: 1. Simplify processes by allowing developers to register multiple mini-grid sites under a single application, saving time and resources. 2. It encourages economies of scale, fostering affordable and fair energy access for consumers, which Lower End-User Tariffs 3. Integrate continent with an expected roll out across 30 African countries, the tool ensures consistency in the mini-grid subsector and facilitates cross-border operations for developers. 4. Provide an authentic regional data pool for ease of assessment and decision making thereby attracting investments. Guess what? Starting Monday, 16 December 2024, mini-grid developers in Nigeria must use this tool for permit applications at NERC. The AFUR Mini-Grid Tariff Tool is now available for download on the NERC website. Click here https://lnkd.in/d45jkCJV to access it. This milestone strengthens Nigeria's commitment to sustainable and inclusive energy solutions while setting the stage for greater regional synergy in Africa’s energy sector. What are your thoughts on this significant development? #EnergyInnovation #MiniGrids #CleanEnergy #AfricaDevelopment #EnergyTransition