By Clerissa Holm
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October 9, 2024
The internet is full of conflicting reports about Eskom’s current situation—some good, some bad. You might be wondering, like most South Africans, if load shedding is about to make a comeback. Can our power grids really handle the pressure, especially during peak demands? The truth is, that many businesses are already preparing for the worst, actively searching for ways to shield themselves from the unpredictable and escalating electricity costs while aiming for energy independence. Because let’s face it, when the metaphorical banana hits the ceiling, you’re going to want a solid backup plan. Over the last decade, electricity prices have skyrocketed, far outpacing inflation. This has placed an enormous burden on companies, particularly those whose operations depend on stable, reliable energy. Eskom’s financial challenges aren’t going away anytime soon, and with more price hikes likely on the horizon, it’s no surprise that businesses are increasingly turning to solar power for solutions.