Prepaid solar electricity coming to your homes in South Africa and Nigeria for around ZAR 0.82 cents per KWh

WiSolar announced the soon to be launched solar-as-a-service product in Nigeria and South Africa last week, saying it plans to use its existing capabilities and channel partners to scale and increase coverage. A company spokesperson says: “We have again reiterated the goal of working to protect the environment and strengthen country communities through solar energy projects with the recent announcement that the company will be rolling out its prepaid, decentralised solar electricity (solar-as-a-service) for variable load project.”

The company’s proposed pricing is ZAR 0.82 cents per KWh, which it says is less than grid parity. “US electricity pricing is 12 US cents per KWh and Eskom pricing is 148.07 cents per kWh. As at April 2019, the Eskom bill for a typical household is R1 350, which is subject to increase in the year 2020 and 2021. By 2022, we’ll be paying 22.7% more for SA grid electricity,” the spokesperson notes.

It is often the capital outlay that is a problem for many with the installation of solar so this offering could really boost the uptake in these two countries, especially in South Africa with the ongoing problems that the monopoly utility company has.

See #^https://www.itweb.co.za/content/raYAyMoV9YJ7J38N

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#^Prepaid solar electricity coming to your home

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A local energy solutions company will soon rollout a prepaid, decentralised solar electricity solution in SA.