Why Now is the Time to Invest in Solar and Gas Solutions

Navigating South Africa’s Rising Electricity Prices

South Africans have been feeling the pinch as electricity prices continue to soar. Eskom’s 2024/25 regulator-approved tariff increase recently came into effect, with electricity now costing 12.74% more. This follows an 18.65% increase in 2023, and Eskom is already signalling the likelihood of further massive hikes in the coming year.

With looming unpredictable increases, households and businesses are looking for ways to mitigate their escalating monthly electricity bills, and there is one clear solution: investing in alternative energy sources such as solar power and gas products.

“With the ongoing uncertainty around electricity prices, consumers are increasingly looking for ways to protect themselves against rising tariffs. Solar and gas solutions offer long-term stability and peace of mind in an environment where costs are becoming more unpredictable,” says Orlando Luis, CEO of BRIGHTS Hardware, a leading independent hardware retail chain.

The Case for Solar Energy

Solar power has become increasingly popular in South Africa, not only because it’s a sustainable, renewable resource but also because it offers long-term savings. By installing solar panels, you can significantly reduce your reliance on the grid, cutting down your electricity bill. While the initial capital outlay for solar solutions may seem daunting, it’s essential to consider the long-term return on investment.

“Many people are concerned about the upfront costs of solar installations, but what they often overlook is that financing options make it much more manageable,” says Luis. “A very real benefit is in the predictability. Unlike electricity tariffs, which can increase unexpectedly, loan repayments for solar installations are fixed at agreed rates, which gives consumers more control over their household expenses.”

Added to this, the savings on the monthly electricity bill pay for the majority of the repayment on a solar loan. After five years, when the loan is paid off, those solar panels are generating significant amounts of free electricity and making a real difference to household budgets.”

Gas Products: A Practical and Efficient Alternative

Alongside solar, gas products such as ovens, stoves, and geysers provide another highly efficient way to cut down on electricity consumption. Gas-powered appliances are becoming increasingly popular for their reliability, especially during power outages, and their ability to significantly reduce household energy usage.

“Gas is a great alternative for homeowners who are looking for both efficiency and affordability,” explains Luis. “At BRIGHTS Hardware, we’ve seen a significant increase in demand for gas ovens, stoves, and geysers. People want to reduce their electricity dependency, and gas appliances not only help them achieve that but also offer long-term savings.”

Much like solar, the initial investment in gas products might seem high, but the long-term benefits far outweigh the costs. The price of gas is typically more stable than electricity tariffs, making it easier to budget and plan for monthly expenses. With the possibility of power outages, having a gas-powered solution also means uninterrupted cooking and hot water, providing peace of mind when the electricity goes out.

Beat the Price Hikes with BRIGHTS Hardware

“Rising electricity prices take a big chunk out of already stretched household budgets, which is why we encourage South Africans to explore alternative energy solutions. Whether you’re looking to install solar panels, invest in a gas geyser, or upgrade your kitchen with a gas stove, now is the time to make the switch.”

In addition to bank loans that can be secured for solar installations, BRIGHTS Hardware has partnered with companies that offer flexible payment solutions, such as PayFlex, Pay Just Now, Mobicred, and Float – making the transition even easier. “These partnerships allow our customers to purchase the solar or gas products they need with flexible payment plans that suit their financial situation – making it simpler than ever to invest in energy-saving products.”

As Luis points out, “Every day, we talk to customers who are feeling the impact of rising electricity prices. We’re here to help them find solutions that not only reduce their current expenses but also protect them from future hikes. Solar and gas products offer a way to take control of your energy costs, and in the long run, the savings are undeniable.”

As the cost of electricity continues to rise, these investments are not only smart choices for the environment but also for your wallet. The savings in the long run, combined with the peace of mind that comes from predictable energy costs, make solar and gas products a worthwhile investment.

“To give an idea of costs, BRIGHTS currently have a 555W Longi solar panel on sale for R1999,” explains Luis. “We also have the Solar First 100W LED Solar Floodlight with day/night sensor and remote on offer for R599. For those who want to go with gas, BRIGHTS has an Ariston 16L gas geyser including flue for R5690 as well as a Cadac 4-burner plate gas stove and oven for R4999. If homeowners want to just change their hob to gas, there is a Cadac 4-burner plate gas hob for R2399 and a Cadac 5-burner plate gas hob for R3199.”

BRIGHTS Hardware has on-site experts in all stores to provide advice and guidance on the solar and gas solutions that suit your home and budget. For our collection of solar and gas solutions, head over to https://www.brights.co.za/beat-loadshedding/ and shop grid alternatives at great prices.