FINANCE
wiser in using less electricity when units of electricity consumed to produce more economic output when compared from 2007 to 2022 . In addition , the private sector is slowly increasing their electricity generation capacity mainly through installation and use of solar power .
Goosen believes that South Africa at a tipping point . One where resourceful South Africans are planning to have consistent utility supplies at home or in the office , to remain productive , connected and to run a basic household or office .
Renewable energy solutions need to be understood in terms of how they can best meet the consumption needs of a property . As we know , renewables cannot provide energy 24 hours a day . They also need to be constantly maintained , which is an additional cost , and they need to be supported by back-up power in the form of batteries . And , what works for one property may not work for another .
“ Commonly , it ’ s the most fundamental things people overlook , such as not switching off geysers , lights or water urns when they are not in use .
Creating a habit of sustainable and efficient energy consumption behaviours is the most important starting point for everyone , be they private households or large property energy consumers ,” says Mitesh Bhawan .
Tips to make your property energy efficient within your means
• Start buying LED bulbs for the house
• Shower instead of bathing , this saves water and energy
• Install a gas stove or buying / renting a freestanding one
• Turn geysers , lights and unused appliances off as much as possible
• Install a gas geyser
• Consider appliance upgrades to more energy efficient ones ( ratings range from A to G )
• Consider smart plugs and using an associated app
79 APRIL / MAY 2023 SA Real Estate Investor Magazine